Europe Research Roundup: ABN Amro Bank, Glencore, Evotec

DocMorris AG

12/04/2024 09:19

April 12 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including ABN Amro Bank, Glencore and Evotec on Friday.
    
    HIGHLIGHTS   

                 * ABN Amro Bank NV  ABNd.AS : Goldman Sachs cuts to neutral
 
                 * Glencore  GLEN.L : Jefferies raises target price to 550p from 520p
 
                 * Evotec  EVTG.DE : Deutsche Bank raises to buy from hold
 
                 * JTC Plc  JTC.L : HSBC cuts target price to 1050p from 1080p
 
                 * VAT Group AG  VACN.S : Jefferies raises target price to CHF 625 from
 CHF 585
 
         
  
Following is a summary of research actions on European companies reported by Reuters on Friday. Stock entries are
in alphabetical order.
    
                 * ABN Amro Bank NV  ABNd.AS : Goldman Sachs cuts to neutral
 
                 * Abrdn Plc  ABDN.L : Morgan Stanley cuts target price to 149p from 155p
 
                 * Airbus SE  AIR.PA : Jefferies raises target price to EUR 195 from EUR 165
 
                 * AJ Bell  AJBA.L : RBC raises target price to 320p from 300p
 
                 * Amundi SA  AMUN.PA : Morgan Stanley raises target price to EUR 77.9 from EUR 71.3
 
                 * Antofagasta  ANTO.L : Jefferies raises target price to 2,000p from 1,800p
 
                 * Ashmore Group Plc  ASHM.L : Morgan Stanley raises target price to 223p from 217p
 
                 * ASMI  ASMI.AS : Citigroup raises target price to EUR 700 from EUR 665
 
                 * ASML Holding NV  ASML.AS : Citigroup raises target price to EUR 1250 from EUR 900
 
                 * Assura  AGRP.L : Jefferies raises target price to 52p from 51p
 
                 * Atlas Copco AB  ATCOa.ST : Deutsche Bank raises target price to SEK 180 from SEK 154
 
                 * Atos  ATOS.PA : Deutsche Bank cuts target price to EUR 2 from EUR 6
 
                 * BAE Systems Plc  BAES.L : Deutsche Bank raises target price to 1440p from 1290p
 
                 * BBVA  BBVA.MC : Goldman Sachs cuts to sell
 
                 * Befesa SA  BFSA.DE : Jefferies raises target price to EUR 44 from EUR 36
 
                 * Berkeley Energia Ltd  BKY.L : RBC cuts to underperform from sector perform
 
                 * Big Yellow Group Plc  BYG.L : Jefferies raises target price to 1,249p from 1,235p
 
                 * BP Plc  BP.L : Morgan Stanley raises target price to 650p from 610p
 
                 * British Land  BLND.L : Jefferies raises target price to 281p from 250p
 
                 * Brooks MacDonald Group Plc  BRK.L : RBC raises target price to 2,050p from 2,000p
 
                 * Cerinnov Group SA  ALPCV.PA : Portzamparc cuts PT to EUR 3.6 from EUR 3.7; rating "buy"
 
                 * Darktrace Plc  DARK.L : Morgan Stanley raises target price to 555p from 535p
 
                 * Darktrace Plc  DARK.L : Piper Sandler raises target price to 550p from 500p
 
                 * Derwent London Plc  DLN.L : Jefferies raises target price to 2,023p from 1,853p
 
                 * Docmorris AG  DOCM.S : Jefferies raises target price to CHF 110 from CHF 90
 
                 * DWS Group Gmbh & Co KGaA  DWSG.DE : Morgan Stanley raises PT to EUR 50.3 from EUR 40.2
 
                 * E ON SE  EONGn.DE : JP Morgan raises target price to EUR 15.50 from EUR 13
 
                 * Empiric Student Property Plc  ESP.L : Jefferies cuts target price to 115p from 120p
 
                 * Equinor ASA  EQNR.OL : Morgan Stanley raises target price to NOK 300 from NOK 285
 
                 * Ericsson  ERICb.ST : Citigroup cuts target price to SEK 60 from SEK 63
 
                 * Evotec  EVTG.DE : Deutsche Bank cuts target price to EUR 19 from EUR 20
 
                 * Evotec  EVTG.DE : Deutsche Bank raises to buy from hold
 
                 * Fagron NV  FAGRO.BR : Berenberg cuts target price to EUR 22 from EUR 22.4
 
                 * Galp  GALP.LS : Morgan Stanley raises target price to EUR 13.80 from EUR 12.80
 
                 * Gerresheimer AG  GXIG.DE : JP Morgan raises target price to EUR 125.70 from EUR 123.20
 
                 * Givaudan SA  GIVN.S : JP Morgan raises target price to CHF 3800 from CHF 3700
 
                 * Glencore  GLEN.L : Jefferies raises target price to 550p from 520p
 
                 * Grainger  GRI.L : Jefferies raises target price to 318p from 315p
 
                 * Grand City Properties SA  GYC.DE : Berenberg raises PT to EUR 12.5 from EUR 11.5
 
                 * Great Portland Estates Plc  GPEG.L : Jefferies cuts target price to 320p from 343p
 
                 * Heidelberg Materials  HEIG.DE : Morgan Stanley raises target price to EUR 99 from EUR 95
 
                 * Howden Joinery  HWDN.L : Citigroup raises target price to 878p from 865p
 
                 * Impact Healthcare REIT Plc  IHR.L : Jefferies cuts target price to 114p from 117p
 
                 * Infineon Technologies AG  IFXGn.DE : Citigroup cuts target price to EUR 48 from EUR 50
 
                 * ING Groep NV  INGA.AS : Goldman Sachs cuts to neutral
 
                 * Integrafin Holdings Plc  IHPI.L : RBC raises target price to 350p from 330p
 
                 * JTC Plc  JTC.L : HSBC cuts target price to 1050p from 1080p
 
                 * JTC Plc  JTC.L : Jefferies raises target price to 1,100p from 915p
 
                 * Jupiter Fund Management Plc  JUP.L : Morgan Stanley cuts target price to 101p from 105p
 
                 * Land Securities  LAND.L : Jefferies raises target price to 504p from 465p
 
                 * Londonmetric  LMPL.L : Jefferies raises target price to 247p from 240p
 
                 * Man Group Plc  EMG.L : Morgan Stanley raises target price to 325p from 267p
 
                 * MBB SE  MBBG.DE : Berenberg raises target price to EUR 109 from EUR 106
 
                 * Mondi  MNDI.L : Exane BNP Paribas raises to neutral from underperform
 
                 * Nemetschek  NEKG.DE : Deutsche Bank raises target price to EUR 80 from EUR 75
 
                 * Netcompany Group A/S  NETCG.CO : Deutsche Bank raises PT to DKK 260 from DKK 232
 
                 * Newriver REIT Plc  NRRT.L : Jefferies cuts target price to 106p from 117p
 
                 * Nexi SpA  NEXII.MI : Deutsche Bank cuts target price to EUR 5.8 from EUR 7.5
 
                 * OMV AG  OMVV.VI : Morgan Stanley raises target price to EUR 40.6 from EUR 39
 
                 * Ovhcloud  OVH.PA : Citigroup raises target price to EUR 11 from EUR 10
 
                 * Oxford Nanopore Technologies Plc  ONT.L : Citigroup cuts target price to 210p from 250p
 
                 * Pan African Resources Plc  PAFR.L : Peel Hunt raises target price to 26p from 23p
 
                 * Pandora  PNDORA.CO : Goldman Sachs cuts to sell from neutral
 
                 * Primary Health Properties Plc  PHP.L : Jefferies raises target price to 120p from 110p
 
                 * PRS REIT Plc  PRSR.L : Jefferies cuts target price to 106p from 114p
 
                 * Quilter Plc  QLT.L : RBC raises target price to 125p from 115p
 
                 * Rathbones Group  RAT.L : RBC cuts target price to 1,750p from 1,850p
 
                 * Redcare Pharmacy NV  RDC.DE : Jefferies raises target price to EUR 180 from EUR 160
 
                 * Repsol  REP.MC : Morgan Stanley raises target price to EUR 19.2 from EUR 18.5
 
                 * Safestore Holdings Plc  SAFE.L : Jefferies cuts target price to 810p from 888p
 
                 * Safran  SAF.PA : Deutsche Bank raises target price to EUR 208 from EUR 190
 
                 * Sage  SGE.L : Deutsche Bank raises target price to 1200p from 1100p
 
                 * Schroders  SDR.L : Morgan Stanley raises target price to 442p from 441p
 
                 * Segro  SGRO.L : Jefferies raises target price to 1,042p from 1,036p
 
                 * Shaftesbury Capital Plc  SHCS.L : Jefferies cuts target price to 167p from 175p
 
                 * Shell Plc  SHEL.L : Morgan Stanley raises target price to 2980p from 2585p
 
                 * Siemens Energy AG  ENR1n.DE : Berenberg raises target price to EUR 30 from EUR 25
 
                 * Skistar AB  SKISb.ST : Jefferies raises target price to SEK 135 from SEK 110
 
                 * Soitec SA  SOIT.PA : Citigroup cuts target price to EUR 100 from EUR 145
 
                 * Solvay  SOLB.BR : ING raises target price to EUR 33.5 from EUR 30
 
                 * SSE  SSE.L : JP Morgan raises target price to 2075p from 2050p
 
                 * St. James's Place  SJP.L : RBC raises target price to 520p from 500p
 
                 * STMicroelectronics NV  STMPA.PA : Citigroup cuts target price to EUR 70 from EUR 75
 
                 * Supermarket Income REIT Plc  SUPR.L : Jefferies cuts target price to 60p from 90p
 
                 * Supermarket Income REIT Plc  SUPR.L : Jefferies cuts to underperform from buy
 
                 * target Healthcare REIT Plc  THRLT.L : Jefferies cuts target price to 104p from 108p
 
                 * Tatton Asset Management Plc  TAMT.L : RBC raises target price to 675p from 600p
 
                 * Taylor Wimpey  TW.L : RBC raises to outperform from sector perform
 
                 * Teamviewer AG  TMV.DE : Deutsche Bank cuts target price to EUR 14 from EUR 17
 
                 * Tesco Plc  TSCO.L : Morgan Stanley cuts target price to 354p from 358p
 
                 * Totalenergies SE  TTEF.PA : Morgan Stanley raises target price to EUR 78 from EUR 71
 
                 * Unite Group  UTG.L : Jefferies raises target price to 1,248p from 1,155p
 
                 * Urban Logistics REIT Plc  SHED.L : Jefferies cuts target price to 141p from 148p
 
                 * Vaisala Oyj  VAIAS.HE : Evli Research cuts target price to EUR 40 from EUR 41
 
                 * VAT Group AG  VACN.S : Berenberg raises target price to CHF 539 from CHF 450
 
                 * VAT Group AG  VACN.S : Jefferies raises target price to CHF 625 from CHF 585
 
                 * Warehouse REIT Plc  WHRW.L : Jefferies cuts target price to 108p from 112p
 
                 * Workspace  WKP.L : Jefferies cuts target price to 678p from 772p
 
                 * Worldline  WLN.PA : Deutsche Bank raises target price to EUR 12 from EUR 11
 
                 * XPSensions Group Plc  XPS.L : Stifel raises target price to 300p from 270p
 
                 * Zalando SE  ZALG.DE : RBC raises target price to EUR 40 from EUR 37
 
 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))