Europe Research Roundup: Adyen NV, Demant A/S, Tecan Group AG

DocMorris AG

21/08/2023 08:21

Aug 21 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Adyen NV, Demant A/S, and Tecan Group AG, on Monday. 

    HIGHLIGHTS
                 * Adyen NV  ADYEN.AS : Jefferies cuts to hold from buy 
 
                 * Demant A/S  DEMANT.CO : JP Morgan raises to overweight from neutral 
 
                 * Tecan Group AG  TECN.S : Baader Helvea raises to buy from add 
 
 
Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 

                 * Adyen NV  ADYEN.AS : Jefferies cuts target price to EUR 850 from EUR 1983 
 
                 * Adyen NV  ADYEN.AS : Jefferies cuts to hold from buy 
 
                 * Adyen NV  ADYEN.AS : Morgan Stanley cuts target price to EUR 1,025 from EUR 2,000 
 
                 * Adyen NV  ADYEN.AS : Morgan Stanley cuts to equal-weight from overweight 
 
                 * Arcadis NV  ARDS.AS : Jefferies initiates with buy rating and EUR 52 price target 
 
                 * Cab Payments Holdings Plc  CABP.L : JP Morgan initiates coverage with overweight rating 
 
                 * Cab Payments Holdings Plc  CABP.L : JP Morgan initiates coverage with 410p target price 
 
                 * Corbion NV  CORB.AS : Berenberg cuts target price to EUR 25 from EUR 30 
 
                 * Corbion NV  CORB.AS : Berenberg raises to buy from hold 
 
                 * Demant A/S  DEMANT.CO : JP Morgan raises to overweight from neutral 
 
                 * Demant A/S  DEMANT.CO : JP Morgan raises target price to DKK 340 from DKK 274 
 
                 * Docmorris  DOCM.S : HSBC raises target price to CHF 80 from CHF 52 
 
                 * HSBC  HSBA.L : Jefferies raises target price to 1,000p from 930p 
 
                 * Kering  PRTP.PA : TD Cowen initiates with outperform rating 
 
                 * Kering  PRTP.PA : TD Cowen initiates with price target EUR 670 
 
                 * Kingspan Group Plc  KSP.I : Berenberg raises target price to EUR 82 from EUR 74 
 
                 * Phoenix  PHNX.L : HSBC cuts target price to 700p from 800p 
 
                 * SIF Holding NV  SIFG.AS : HSBC raises target price to EUR 16 from EUR 12.59 
 
                 * Spirax-Sarco  SPX.L : Jefferies cuts target price to 8805p from 9145p 
 
                 * Tecan Group AG  TECN.S : Baader Helvea cuts target price to CHF 417 from CHF 457 
 
                 * Tecan Group AG  TECN.S : Baader Helvea raises to buy from add 
 
                 * Viaplay Group AB (Publ)  VPLAYb.ST : Jefferies cuts target price to SEK 41 from SEK 50 
 
                 * WPP Group  WPP.L : HSBC cuts target price to 1,080p from 1,130p 
 
                 * YouGov Plc  YOU.L : HSBC cuts target price to 1,155p from 1,405p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))