Europe Research Roundup: Burberry, Rational, Vistry Group

Rational AG

03/10/2023 08:07

Oct 3 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Burberry, Rational and Vistry Group, on Tuesday. 
    
    HIGHLIGHTS
                 * Burberry  BRBY.L : UBS cuts to sell from neutral 
 
                 * Rational AG  RAAG.DE : Berenberg cuts to hold from buy     
 
                 * Vistry Group Plc  VTYV.L : Jefferies cuts to hold from buy; cuts PT to 999p from
 1,231p     
 
                 * Yellow Cake Plc  YCA.L : Berenberg resumes coverage with buy rating, target price
 658p     
 
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order. 
    
                 * 888 Holdings Plc  888.L : Jefferies cuts target price to 160p from 175p 
 
                 * Abrdn European Logistics Income Plc  ASLI.L : RBC cuts target price to 70p from 76p 
 
                 * Allfunds Group  ALLFG.AS : HSBC cuts target price to EUR 7 from EUR 7.5 
 
                 * Burberry  BRBY.L : UBS cuts target price to 1,614p from 2,285p 
 
                 * Burberry  BRBY.L : UBS cuts to sell from neutral 
 
                 * Carnival  CCL.L : Peel Hunt cuts target price to 1,100p from 1,400p 
 
                 * Coca Cola HBC  CCH.L : JP Morgan cuts target price to 2,400p from 2,600p 
 
                 * Cucinelli  BCU.MI : UBS cuts target price to EUR 95 from EUR 101 
 
                 * Electrolux  ELUXb.ST : JP Morgan cuts target price to SEK 105 from SEK 113 
 
                 * Ferrari  RACE.MI : UBS cuts target price to EUR 355 from EUR 375 
 
                 * Hermes  HRMS.PA : UBS cuts target price to EUR 2030 from EUR 2228 
 
                 * Rational AG  RAAG.DE : Berenberg cuts target price EUR 630 from EUR 885 
 
                 * Rational AG  RAAG.DE : Berenberg cuts to hold from buy 
 
                 * Salvatore Ferragamo SpA  SFER.MI : UBS cuts target price to EUR 12 from EUR 13 
 
                 * Vestas  VWS.CO : Jefferies cuts target price to DKK 206 from DKK 238 
 
                 * Virgin Money UK Plc  VMUK.L : RBC cuts target price to 220p from 225p
 
                 * Vistry Group Plc  VTYV.L : Jefferies cuts to hold from buy; cuts PT to 999p from 1,231p 
 
                 * Wizz Air  WIZZ.L : JP Morgan cuts target price to 3,850p from 3,900p 
 
                 * Yellow Cake Plc  YCA.L : Berenberg resumes coverage with buy rating, target price 658p 
 
    

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))