Europe Research Roundup: Akzo Nobel NV, Coloplast, Entain

Rational AG

16/11/2023 06:52

Nov 16 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Akzo Nobel NV, Coloplast and Entain, on Thursday. 
    
    HIGHLIGHTS  
    
                 * Akzo Nobel NV  AKZO.AS : Jefferies cuts to hold from buy
                 * Coloplast  COLOb.CO : Berenberg cuts target price to DKK 875 from DKK 980
     * Entain  ENT.L : Berenberg cuts target price to 1,510p from 1,650p
     * Lancashire Holdings  LRE.L : RBC raises target price to 825p from 800p
     * Zalando SE  ZALG.DE : Baader Helvea raises to buy from add
      
Following is a summary of research actions on European companies reported by Reuters on
Thursday. Stock entries are in alphabetical order.
    
     * Akzo Nobel NV  AKZO.AS : Jefferies cuts target price to EUR 72 from EUR 84
     * Akzo Nobel NV  AKZO.AS : Jefferies cuts to hold from buy
     * Alcon AG  ALCC.S : JP Morgan cuts target price to CHF 74.4 from CHF 78.6
     * Ald SA  ALDA.PA : HSBC cuts target price to EUR 11 from EUR 15
     * Allgeier SE  AEIGn.DE : Berenberg cuts target price to EUR 27 from EUR 35
     * Avolta AG  AVOL.S : JP Morgan cuts target price to CHF 61 from CHF 62
     * B&M  BMEB.L : JP Morgan raises target price to 550p from 513p
     * BASF SE  BASFn.DE : Jefferies cuts target price to EUR 39 from EUR 42
     * BASF SE  BASFn.DE : Jefferies cuts to underperform from hold
     * Bayer AG  BAYGn.DE : Jefferies cuts target price to EUR 60 from EUR 67
     * Coloplast  COLOb.CO : Berenberg cuts target price to DKK 875 from DKK 980
     * Entain  ENT.L : Berenberg cuts target price to 1,510p from 1,650p
     * Eurofins Scientific SE  EUFI.PA : Berenberg cuts target price to EUR 65 from EUR 105
     * Hellofresh SE  HFGG.DE : JP Morgan cuts target price to EUR 36 from EUR 38
     * Infineon Technologies AG  IFXGn.DE : Susquehanna raises PT to EUR 38 from EUR 32
     * Jungheinrich AG  JUNG_p.DE : Jefferies raises target price to EUR 42 from EUR 39
     * K+S  SDFGn.DE : Jefferies cuts target price to EUR 15 from EUR 25
     * K+S  SDFGn.DE : Jefferies cuts to hold from buy
     * Lancashire Holdings  LRE.L : RBC raises target price to 825p from 800p
     * Legal & General  LGEN.L : HSBC cuts target price to 315p from 350p
     * Montana Aerospace AG  AERO.S : Berenberg raises target price to CHF 33 from CHF 32
     * Oersted A/S  ORSTED.CO : Jefferies cuts target price to DKK 340 from DKK 500
     * Oersted A/S  ORSTED.CO : Jefferies cuts to hold from buy
     * Publicis Groupe  PUBP.PA : HSBC raises target price to EUR 88 from EUR 87
     * Rational AG  RAAG.DE : Berenberg raises target price to EUR 640 from EUR 630
     * RWE AG  RWEG.DE : Jefferies cuts target price to EUR 45 from EUR 50
     * RWE AG  RWEG.DE : RBC cuts target price to EUR 51 from EUR 53
     * Siemens Energy AG  ENR1n.DE : JP Morgan cuts target price to EUR 13.8 from EUR 16.7
     * Umg  UMG.AS : Wells Fargo initiates coverage with overweight rating and PT EUR 28
     * WPP Group  WPP.L : HSBC cuts target price to 900p from 1080p
     * Zalando SE  ZALG.DE : Baader Helvea raises to buy from add
 

 (Compiled by Bengaluru Newsroom)
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