Europe Research Roundup: Bureau Veritas, Covestro AG, Redcare Pharmacy NV

DocMorris AG

02/10/2024 07:57

Oct 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Bureau
Veritas, Covestro AG and Redcare Pharmacy NV on Wednesday.
    
    HIGHLIGHTS  
    
                 * Bureau Veritas  BVI.PA : JP Morgan cuts to neutral from overweight
 
                 * Covestro AG  1COV.DE : Jefferies cuts to hold from buy
 
                 * Redcare Pharmacy NV  RDC.DE : HSBC raises to buy from hold 
 
      
Following is a summary of research actions on European companies reported by Reuters on Wednesday. Stock entries are in alphabetical order
    
                 * Asmi  ASMI.AS : Berenberg cuts target price to EUR 790 from EUR 840
 
                 * ASML Holding NV  ASML.AS : Berenberg cuts target price to EUR 945 from EUR 1,100
 
                 * AXA  AXAF.PA : HSBC raises target price to EUR 37 from EUR 36
 
                 * Bureau Veritas  BVI.PA : JP Morgan cuts to neutral from overweight
 
                 * Bytes Technology Group Plc  BYIT.L : Berenberg initiates coverage with buy rating; PT 640p
 
                 * Computacenter Plc  CCC.L : Berenberg initiates coverage with hold rating; PT 2,675p
 
                 * Covestro AG  1COV.DE : Jefferies cuts to hold from buy
 
                 * Docmorris  DOCM.S : HSBC cuts target price to CHF 40 from CHF 75
 
                 * Docmorris  DOCM.S : HSBC cuts to hold from buy
 
                 * Generali  GASI.MI : HSBC raises target price to EUR 29.5 from EUR 27
 
                 * Infineon Technologies AG  IFXGn.DE : Berenberg cuts target price to EUR 38 from EUR 41
 
                 * Intercos SpA  ICOS.MI : Jefferies raises target price to EUR 18.3 from EUR 18.1
 
                 * Mercialys SA  MERY.PA : Jefferies cuts target price to EUR 12.5 from EUR 13
 
                 * Mercialys SA  MERY.PA : Jefferies cuts to hold from buy
 
                 * Metso Oyj  METSO.HE : JP Morgan cuts target price to EUR 10 from EUR 10.5
 
                 * Redcare Pharmacy NV  RDC.DE : HSBC raises to buy from hold 
 
                 * Redcare Pharmacy NV  RDC.DE : HSBC raises PT to EUR 155 from EUR 140
 
                 * Softcat Plc  SCTS.L : Berenberg initiates coverage with hold rating; target price 1,600p
 
                 * STMicroelectronics NV  STMPA.PA : Berenberg cuts target price to EUR 33 from EUR 49
 
                 * Vestas  VWS.CO : Jefferies cuts target price to DKK 160 from DKK 220
 
                 * Worldline SA  WLN.PA : JP Morgan cuts target price to EUR 13.5 from EUR 23.9
 
                 * Zurich Insurance Group  ZURN.S : HSBC raises target price to CHF 525 from CHF 515
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))