Europe Research Roundup: Kingfisher, Nichols, Tesco

Royal Unibrew A/S

06/03/2023 07:46

March 6 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including Kingfisher, Nichols and Tesco, on Monday.

    HIGHLIGHTS    
                 * Kingfisher  KGF.L : Jefferies raises to buy from hold 
 
                 * Nichols  NICL.L : HSBC raises to buy from hold 
 
                 * Rathbones Group  RAT.L : Jefferies raises to hold from underperform 
 
                 * Tesco  TSCO.L : Jefferies raises to buy from hold
 
                 * Wood Plc  WG.L : Peel Hunt starts with hold rating; target price 200p 
 
 Following is a summary of research actions on European companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
    
                 * AB Foods  ABF.L : Jefferies raises target price to 2,000p from 1,750p 
 
                 * Aston Martin  AML.L : Jefferies raises target price to 160p from 120p 
 
                 * Auto1 Group SE  AG1G.DE : Citigroup cuts price target to EUR 12 from EUR 12.5 
 
                 * Azelis  AZE.BR : Jefferies raises target price to EUR 28 from EUR 26 
 
                 * Azelis  AZE.BR : JP Morgan raises target price to EUR 28.5 from EUR 28 
 
                 * B&M  BMEB.L : Jefferies raises target price to 380p from 350p 
 
                 * B&M  BMEB.L : RBC raises target price to 550p from 460p 
 
                 * Beiersdorf AG  BEIG.DE : Jefferies raises target price to EUR 128 from EUR 116 
 
                 * Capita Plc  CPI.L : Citigroup raises price target to 41p from 29p 
 
                 * Capita Plc  CPI.L : RBC raises target price to 50p from 40p 
 
                 * Coltene Holding AG  CLTN.S : Credit Suisse cuts target price to CHF 85 from CHF 96 
 
                 * Corbion NV  CORB.AS : Berenberg cuts target price to EUR 30 from EUR 32 
 
                 * Covestro AG  1COV.DE : Citigroup raises price target to EUR 47 from EUR 43 
 
                 * Credit Suisse Group AG  CSGN.S : Jefferies cuts target price to CHF 2.60 from CHF 3.80 
 
                 * Dechra pharma  DPH.L : HSBC cuts target price to 4,960p from 4,980p 
 
                 * Deutsche Lufthansa AG  LHAG.DE : JP Morgan raises target price to EUR 14.5 from EUR 10.7 
 
                 * Deutsche Telekom  DTEGN.DE : HSBC raises target price to EUR 27 from EUR 25 
 
                 * Eurofins Scientific SE  EUFI.PA : Jefferies cuts target price to EUR 50 from EUR 58 
 
                 * Grafton Group  GFTU_u.L : Peel Hunt raises target price to 1,040p from 970p 
 
                 * Grenergy Renovables SA  GREG.MC : RBC cuts target price to EUR 45 from EUR 47 
 
                 * Haleon Plc  HLN.L : Jefferies cuts target price to 330p from 335p 
 
                 * Hochtief  HOTG.DE : HSBC raises target price to EUR 94 from EUR 74 
 
                 * Inwit  INWT.MI : HSBC raises target price to EUR 13 from EUR 11.5 
 
                 * Just Eat Takeaway.Com  JETJ.L : HSBC cuts target price to 2,650p from 2,920p 
 
                 * Just Eat Takeaway.Com  TKWY.AS : HSBC cuts target price to EUR 30 from EUR 33 
 
                 * Kingfisher  KGF.L : Jefferies raises to buy from hold 
 
                 * Kingfisher  KGF.L : Jefferies raises target price to 330p from 240p 
 
                 * Kingfisher  KGF.L : JP Morgan raises target price to 230p from 210p 
 
                 * Marks and Spencer Group  MKS.L : Jefferies raises target price to 160p from 125p 
 
                 * Nestle SA  NESN.S : RBC cuts target price to CHF 95 from CHF 100 
 
                 * Next Plc  NXT.L : Jefferies raises target price to 7,500p from 5,700p 
 
                 * Nichols  NICL.L : HSBC raises target price to 1,200p from 1,100p 
 
                 * Nichols  NICL.L : HSBC raises to buy from hold 
 
                 * Piaggio & C SpA  PIA.MI : Berenberg raises target price to EUR 5 from EUR 4.40 
 
                 * Puma SE  PUMG.DE : TD Cowen cuts target price to EUR 61 from EUR 62 
 
                 * Rathbones Group  RAT.L : Jefferies raises to hold from underperform 
 
                 * Rathbones Group  RAT.L : Jefferies raises target price to 2,000p from 1,720p 
 
                 * Reckitt  RKT.L : Jefferies raises target price to 5,870p from 5,620p 
 
                 * Recticel NV  RECT.BR : Berenberg raises target price to EUR 20 from EUR 18 
 
                 * Rightmove  RMV.L : Credit Suisse raises target price to 602p from 490p 
 
                 * Royal Unibrew A/S  RBREW.CO : JP Morgan raises target price to DKK 550 from DKK 500 
 
                 * Sainsbury  SBRY.L : Jefferies raises target price to 270p from 230p 
 
                 * Santander  SAN.MC : Credit Suisse raises target price to EUR 4.70 from EUR 4.50 
 
                 * Santander  SAN.MC : RBC raises target price to EUR 4.1 from EUR 3.95 
 
                 * Scor  SCOR.PA : Berenberg raises target price to EUR 30 from EUR 29.50 
 
                 * Scor  SCOR.PA : HSBC raises target price to EUR 24 from EUR 22 
 
                 * Siemens Energy AG  ENR1n.DE : Credit Suisse raises target price to EUR 27 from EUR 26 
 
                 * Softwareone Holding AG  SWON.S : JP Morgan raises target price to CHF 16 from CHF 14 
 
                 * Taylor Wimpey  TW.L : Peel Hunt cuts to add from buy 
 
                 * Tesco  TSCO.L : Jefferies raises to buy from hold
 
                 * Tesco  TSCO.L : Jefferies raises target price to 310p from 260p 
 
                 * Videndum Plc  VIDV.L : Peel Hunt cuts target price to 1,200p from 1,720p 
 
                 * Viscofan SA  VIS.MC : Berenberg raises target price to EUR 72 from EUR 70 
 
                 * Wood Plc  WG.L : Peel Hunt starts with hold rating; target price 200p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))