Europe Research Roundup: Rightmove, SGS SA, UPM-Kymmene Oyj

Royal Unibrew A/S

02/05/2023 08:20

May 2 (Reuters) - Securities analysts revised their ratings and price targets on several
European companies, including Rightmove, SGS SA and UPM-Kymmene Oyj, on Tuesday. 

    HIGHLIGHTS  
                 * Rightmove Plc  RMV.L : HSBC raises to buy from hold 
 
                 * SGS SA  SGSN.S : Credit Suisse starts with outperform rating; target price CHF 100 
 
                 * Stora Enso Oyj  STERV.HE : JP Morgan raises to overweight from neutral
 
                 * UPM-Kymmene Oyj  UPM.HE : JP Morgan to overweight from underweight
 
 
Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.

                 * Aker ASA  AKER.OL : Berenberg raises target price to NOK 310 from NOK 300 
 
                 * Amadeus Fire AG  AMDG.DE : Jefferies raises target price to EUR 73 from EUR 67 
 
                 * Amundi SA  AMUN.PA : Credit Suisse raises target price to EUR 64 from EUR 62 
 
                 * Danske Bank  DANSKE.CO : Credit Suisse cuts target price to DKK 139 from DKK 140 
 
                 * Deutsche Boerse AG  DB1Gn.DE : JP Morgan raises target price to EUR 200 from EUR 187 
 
                 * Essity AB (Publ)  ESSITYa.ST : Berenberg raises target price to SEK 340 from SEK 276 
 
                 * Essity AB (Publ)  ESSITYb.ST : JP Morgan raises target price to SEK 285 from SEK 270 
 
                 * Evolution AB (Publ)  EVOG.ST : Citigroup cuts to neutral from buy 
 
                 * Novartis AG  NOVN.S : Jefferies raises target price to CHF 105 from CHF 100 
 
                 * Pensionbee Group Plc  PBEE.L : Jefferies raises target price to GBP 1.20 from GBP 0.75 
 
                 * Prosiebensat 1 Media SE  PSMGn.DE : Credit Suisse cuts target price to EUR 7 from EUR
 7.1 
 
                 * Remy Cointreau  RCOP.PA : Bernstein cuts target price to EUR 182 from EUR 204 
 
                 * Remy Cointreau  RCOP.PA : Credit Suisse cuts target price to EUR 160 from EUR 165 
 
                 * Rightmove Plc  RMV.L : HSBC raises target price to 645p from 530p 
 
                 * Rightmove Plc  RMV.L : HSBC raises to buy from hold 
 
                 * Royal Unibrew A/S  RBREW.CO : JP Morgan raises target price to DKK 610 from DKK 550 
 
                 * SGS SA  SGSN.S : Credit Suisse starts with outperform rating; target price CHF 100 
 
                 * SKF  SKFb.ST : Citigroup cuts price target to SEK 200 from SEK 223 
 
                 * Spectris  SXS.L : HSBC raises target price to 4300p from 4200p 
 
                 * Stora Enso Oyj  STERV.HE : JP Morgan raises to overweight from neutral
 
                 * Stora Enso Oyj  STERV.HE : JP Morgan cuts target price to EUR 12.6 from EUR 13.3 
 
                 * Trelleborg AB  TRELb.ST : Citigroup cuts price target to SEK 269 from SEK 292 
 
                 * UPM-Kymmene Oyj  UPM.HE : JP Morgan to overweight from underweight
 
                 * UPM-Kymmene Oyj  UPM.HE : JP Morgan cuts target price to EUR 32.2 from EUR 32.3 
 
                 * Whitbread  WTB.L : HSBC raises target price to 4200p from 4100p 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))