Europe Research Roundup: Barratt Redrow, Genuit Group, Munich Re

Brembo NV

21/10/2024 08:03

Oct 21 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Barratt Redrow, Genuit Group and Munich Re, on Monday. 
    
    HIGHLIGHTS
                 * Barratt Redrow Plc  BTRW.L : Morgan Stanley raises to overweight from
 equal-weight
 
                 * Genuit Group Plc  GENG.L : JP Morgan initiates coverage with neutral
 rating; PT 535p
 
                 * Munich Re  MUVGn.DE : Jefferies cuts to hold from buy
 
      
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. See bottom of the table for sector changes.  
    
                 * AJ Bell  AJBA.L : Berenberg raises target price to 420p from 410p
 
                 * Avanza Bank  AVANZ.ST : JP Morgan cuts target price to SEK 186 from SEK
 191
 
                 * Barco NV  BAR.BR : Berenberg cuts target price to EUR 14 from EUR 16
 
                 * Barratt Redrow Plc  BTRW.L : Morgan Stanley raises to overweight from
 equal-weight
 
                 * Brembo  BRBI.MI : Berenberg cuts target price to EUR 13.40 from EUR 13.6
 
                 * EQT AB  EQTAB.ST : JP Morgan cuts target price to SEK 375 from SEK 395
 
                 * Ericsson  ERICb.ST : JP Morgan raises target price to SEK 70.5 from SEK
 62.5
 
                 * Future Plc  FUTR.L : JP Morgan cuts target price to 1296p from 1415p
 
                 * Genuit Group Plc  GENG.L : JP Morgan initiates coverage with neutral
 rating; PT 535p
 
                 * Getinge  GETIb.ST : JP Morgan cuts target price to SEK 180 from SEK 190
 
                 * Munich Re  MUVGn.DE : Jefferies cuts target price to EUR 485 from EUR 495
 
                 * Munich Re  MUVGn.DE : Jefferies cuts to hold from buy
 
                 * Nedap  NEDP.AS : Berenberg cuts target price to EUR 55 from EUR 60
 
                 * Nokia Oyj  NOKIA.HE : Jefferies raises target price to EUR 4.2 from EUR
 3.7
 
                 * Poste Italiane  PST.MI : Berenberg raises target price to EUR 14.6 from
 EUR 14.5
 
                 * Rainbow Rare Earths Ltd  RBWR.L : Berenberg raises target price to 38p
 from 37p
 
                 * Vesuvius Plc  VSVS.L : JP Morgan cuts target price to 430p from 470p
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))