Europe Research Roundup: Covestro, Krones, Media and Games Invest

Heiq

21/05/2021 07:44

May 21 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Covestro, Krones and Media and Games Invest, on Friday. 
    
    HIGHLIGHTS  
     * Covestro AG  1COV.DE : JP Morgan resumes with underweight rating and PT of EUR 52
     * Krones AG  KRNG.DE : HSBC raises to buy from hold
     * Media and Games Invest Plc  M8G.DE : Jefferies initiates with buy rating; PT EUR 5.9
      
Following is a summary of research actions on European companies reported by Reuters on Friday.
Stock entries are in alphabetical order.
     * Atalaya Mining Plc  ATYM.L : Peel Hunt raises target price to 500p from 420p
     * Bank of Georgia  BGEO.L : Peel Hunt raises target price to 1,644p from 1,613p
     * Covestro AG  1COV.DE : JP Morgan resumes with underweight rating and PT of EUR 52
     * Diploma Plc  DPLM.L : Peel Hunt raises target price to 3,000p from 2,500p
     * Engie SA  ENGIE.PA : Credit Suisse raises target price to EUR 14.5 from EUR 14.2
     * Ferguson  FERG.L : Peel Hunt raises target price to 9,310p from 7,730p
     * Hannover Rueck SE  HNRGn.DE : Credit Suisse cuts target price to EUR 171 from EUR 172
     * Heiq Plc  HEIQ.L : Peel Hunt initiates coverage with buy rating; target price 238p
     * Krones AG  KRNG.DE : HSBC raises target price to EUR 85 from EUR 81
     * Krones AG  KRNG.DE : HSBC raises to buy from hold
     * Lem Holding SA  LEHN.S : Credit Suisse raises target price to CHF 1880 from CHF 1709
     * Maersk Drilling A/S  DRLCO.CO : HSBC raises target price to DKK 261 from DKK 251
     * Media and Games Invest Plc  M8G.DE : Jefferies initiates with buy rating; PT EUR 5.9
     * Melrose Industries  MRON.L : JP Morgan raises target price to 230p from 215p
     * Morphosys AG  MORG.DE : JP Morgan cuts target price to EUR 105 from EUR 110
     * Pets at Home  PETSP.L : HSBC raises target price to 490p from 470p
     * Sirius Real Estate Ltd  SRET.L : HSBC raises target price to 105p from 103p
     * Uniphar Plc  UPR.I : RBC raises target price to EUR 3.6 from EUR 2.9
     * Young & Co's Brewery Plc  YNGa.L : JP Morgan raises target price to 1,550p from 1,150p
  

 (Compiled by Bengaluru Newsroom)
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