Europe Research Roundup: Draegerwerk, Hikma, Novartis

DocMorris AG

03/09/2024 08:39

Sept 3 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Draegerwerk, Hikma and Novartis on Tuesday.
    
    HIGHLIGHTS
    
     * Draegerwerk  DRWG.DE : Jefferies raises to hold from underperform
     * Hikma  HIK.L : Berenberg raises to buy from hold
     * Munters Group AB  MTRS.ST : Jefferies raises to buy from hold
     * Novartis AG  NOVN.S : Jefferies cuts to hold from buy
     * Swedencare AB (Publ)  SECARE.ST : Jefferies raises to buy from hold
 
    Following is a summary of research actions on European companies reported by Reuters on
Tuesday. Stock entries are in alphabetical order.    
        
  
     * Adesso SE  ADNGk.DE : Jefferies cuts to hold from buy; cuts PT to EUR 75 from EUR 145
     * Afry AB  AFRY.ST : Jefferies initiates coverage with buy rating; price target SEK 270
     * Alfen NV  ALFEN.AS : Jefferies cuts target price to EUR 15 from EUR 20
     * Arcadis NV  ARDS.AS : Jefferies raises target price to EUR 75 from EUR 72.5
     * Azelis  AZE.BR : Jefferies raises target price to EUR 24 from EUR 19
     * Azelis  AZE.BR : Jefferies raises to buy from hold; raises PT to EUR 24 from EUR 19
     * Basler AG  BSLG.DE : Jefferies cuts target price to EUR 13.5 from EUR 15
     * Cancom SE  COKG.DE : Jefferies cuts target price to EUR 28 from EUR 30
     * Compugroup Medical SE & Co KGaA  COP1n.DE : Jefferies cuts PT to EUR 16 from EUR 18
     * CTS Eventim  EVDG.DE : Jefferies raises target price to EUR 100 from EUR 92
     * Dermapharm Holding SE  DMPG.DE : Jefferies cuts target price to EUR 49 from EUR 51
     * Dino Polska SA  DNP.WA : JP Morgan cuts target price to PLN 330 from PLN 360
     * Docmorris AG  DOCM.S : Jefferies cuts target price to CHF 65 from CHF 110
     * Draegerwerk  DRWG.DE : Jefferies raises to hold from underperform
     * Draegerwerk  DRWG.DE : Jefferies raises target price to EUR 47 from EUR 42
     * Ence  ENC.MC : Jefferies cuts to hold from buy; cuts PT to EUR 3.5 from EUR 3.8
     * Friedrich Vorwerk Group SE  VH2.DE : Jefferies raises PT to EUR 23 from EUR 16
     * Hikma  HIK.L : Berenberg raises target price to 2,400p from 2,100p
     * Hikma  HIK.L : Berenberg raises to buy from hold
     * Hunting Plc  HTG.L : Jefferies raises target price to 530p from 500p
     * Husqvarna AB  HUSQb.ST : Jefferies cuts target price to SEK 100 from SEK 105
     * IMCD NV  IMCD.AS : Jefferies raises to buy from hold; raises PT to EUR 170 from EUR 140
     * Inpost SA  INPST.AS : Jefferies raises target price to EUR 20 from EUR 17.5
     * Jeronimo Martins  JMT.LS : JP Morgan cuts target price to EUR 24 from EUR 25
     * Judges Scientific Plc  JDG.L : Jefferies initiates coverage with buy rating and 12,230p price target
     * Meyer Burger Technology AG  MBTN.S : Jefferies cuts PT to CHF 1.8 from CHF 8.6
     * Munters Group AB  MTRS.ST : Jefferies raises to buy from hold
     * Nagarro SE  NA9n.DE : Jefferies cuts target price to EUR 105 from EUR 112
     * Novartis AG  NOVN.S : Jefferies cuts target price to CHF 105 from CHF 110
     * Novartis AG  NOVN.S : Jefferies cuts to hold from buy
     * Nykode Therapeutics ASA  NYKD.OL : Jefferies cuts target price to NOK 12 from NOK 17.5
     * Pernod Ricard  PERP.PA : HSBC cuts target price to EUR 135 from EUR 137
     * Pierer Mobility AG  PKTM.VI : Jefferies cuts target price to CHF 28 from CHF 45
     * PVA Tepla AG  TPEG.DE : Jefferies cuts target price to EUR 20 from EUR 23
     * Redcare Pharmacy NV  RDC.DE : Jefferies cuts target price to EUR 170 from EUR 180
     * Sartorius AG  SATG.DE : RBC initiates coverage with sector perform rating; PT EUR 295
     * Sartorius Stedim Biotech SA  STDM.PA : RBC initiates coverage with outperform rating
     * Sartorius Stedim Biotech SA  STDM.PA : RBC initiates coverage with target price EUR 270
     * Scandic Hotels Group AB  SHOTE.ST : Jefferies raises target price to SEK 65 from SEK 50
     * Skistar AB  SKISb.ST : Jefferies raises target price to SEK 155 from SEK 135
     * SMA Solar  S92G.DE : Jefferies cuts target price to EUR 25 from EUR 30
     * Sweco AB (Publ)  SWECb.ST : Jefferies initiates coverage with hold rating 
     * Sweco AB (Publ)  SWECb.ST : Jefferies initiates coverage with price target SEK 180
     * Swedencare AB (Publ)  SECARE.ST : Jefferies raises to buy from hold
     * Tenaris  TENR.MI : Jefferies cuts target price to EUR 14.5 from EUR 16
     * Tomra Systems ASA  TOM.OL : Jefferies raises target price to NOK 155 from NOK 130
     * Ubisoft  UBIP.PA : JP Morgan cuts target price to EUR 21 from EUR 23
     * Vallourec  VLLP.PA : Jefferies cuts target price to EUR 19 from EUR 20
     * Vimian Group AB  VIMIAN.ST : Jefferies raises target price to SEK 50 from SEK 40
     * Wacker Neuson SE  WACGn.DE : Jefferies cuts target price to EUR 16 from EUR 19
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))