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EUROPE RESEARCH ROUNDUP-Befesa, UBS Group, Vesuvius

ReutersJan 22, 2026 7:58 AM

- Securities analysts revised their ratings and price targets on several European companies including Befesa, UBS Group and Vesuvius on Thursday.

HIGHLIGHTS

Befesa SA BFSA.DE: Berenberg raises target price to EUR 36 from EUR 34

Capgemini CAPP.PA: Berenberg initiates coverage with hold rating

Santander SAN.MC: Jefferies raises target price to EUR 11.8 from EUR 7.1

UBS Group AG UBSG.S: Citigroup raises target price to CHF 37.7 from CHF 34

Vesuvius Plc VSVS.L: Exane BNP Paribas raises to outperform from neutral

Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock entries are in alphabetical order.

Barclays BARC.L: Citigroup raises target price to 475p from 440p

Befesa SA BFSA.DE: Berenberg raises target price to EUR 36 from EUR 34

Bilfinger SE GBFG.DE: Alphavalue raises to add from reduce

BNP Paribas BNPP.PA: Citigroup raises target price to EUR 97 from EUR 92

Capgemini CAPP.PA: Berenberg initiates coverage with price target EUR 143

Capgemini CAPP.PA: Berenberg initiates coverage with hold rating

Concurrent Technologies Plc CNCT.L: Berenberg initiates coverage with PT 275p

Concurrent Technologies Plc CNCT.L: Berenberg initiates coverage with buy rating

Continental AG CONG.DE: JP Morgan cuts PT to EUR 74 from EUR 76

Danieli & C Officine Meccaniche SpA DANI.MI: Berenberg raises PT to EUR 66 from EUR 55

Deutsche Bank AG DBKGn.DE: Citigroup raises target price to EUR 30.70 from EUR 27.40

Marston'S MARS.L: Peel Hunt raises target price to 85p from 75p

Ryanair RYA.I: JP Morgan raises target price to EUR 38 from EUR 34.50

Santander SAN.MC: Jefferies raises target price to EUR 11.8 from EUR 7.1

Serica Energy Plc SQZ.L: Peel Hunt raises target price to 285p from 252p

Totalenergies SE TTEF.PA: TD Cowen raises target price to EUR 60 from EUR 58

UBS Group AG UBSG.S: Citigroup raises target price to CHF 37.7 from CHF 34

Umicore SA UMI.BR: Berenberg raises PT to EUR 23.5 from EUR 20

Umicore SA UMI.BR: Berenberg raises to buy from hold

Vesuvius Plc VSVS.L: Exane BNP Paribas raises target price to 500p from 385p

Vesuvius Plc VSVS.L: Exane BNP Paribas raises to outperform from neutral

Wartsila WRT1V.HE: Citigroup raises target price to EUR 25.50 from EUR 21

Wise Plc WISEa.L: JP Morgan raises target price to 1,385p from 1,375p

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