EUROPE RESEARCH ROUNDUP-Covivio, Mercedes-Benz Group, Persimmon

Reuters2024-12-03
EUROPE RESEARCH ROUNDUP-<a href="https://laohu8.com/S/FNCDY">Covivio</a>, Mercedes-Benz Group, Persimmon

Dec 3 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Covivio, Mercedes-Benz Group and Persimmon on Tuesday.

HIGHLIGHTS

* Covivio SA CVO.PA: Morgan Stanley cuts to underweight from equal weight

* Mercedes-Benz Group AG MBGN.DE: Barclays cuts to underweight from equal-weight

* Persimmon PSN.L: Citigroup raises to buy from neutral

Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are in alphabetical order.

* Argenx SE ARGX.BR: JP Morgan raises target price to EUR 740 from EUR 620

* Barratt Redrow Plc BTRW.L: Citigroup cuts target price to 590p from 600p

* BASF SE BASFn.DE: Baader Helvea raises target price to EUR 55 from EUR 50

* BASF SE BASFn.DE: Baader Helvea raises to buy from add

* Bellway Plc BWY.L: Citigroup cuts target price to 3230p from 3450p

* Berkeley Group BKGH.L: Citigroup cuts target price to 4521p from 4664p

* BMW AG BMWG.DE: Barclays cuts target price to EUR 68.5 from EUR 80

* Commerzbank AG CBKG.DE: Citigroup cuts target price to EUR 16.20 from EUR 17.80

* Covivio SA CVO.PA: JP Morgan cuts target price to EUR 62 from EUR 64

* Covivio SA CVO.PA: Morgan Stanley cuts target price to EUR 55 from EUR 60

* Covivio SA CVO.PA: Morgan Stanley cuts to underweight from equal weight

* EasyJet EZJ.L: Barclays raises target price to 750p from 700p

* Enka Insaat ENKAI.IS: HSBC raises target price to TRY 60 from TRY 44

* Euroapi SA EAPI.PA: JP Morgan raises target price to EUR 3.5 from EUR 3

* Forvia FRVIA.PA: Barclays cuts target price to EUR 14 from EUR 16

* Galderma Group AG GALD.S: JP Morgan raises target price to CHF 105 from CHF 94

* Genmab A/S GMAB.CO: JP Morgan cuts target price to DKK 1700 from DKK 2050

* Gestamp GEST.MC: Barclays cuts target price to EUR 3 from EUR 3.5

* Gestamp GEST.MC: Barclays cuts to equal-weight from overweight

* H Lundbeck A/S HLUNb.CO: JP Morgan raises target price to DKK 50 from DKK 46

* Hikma HIK.L: JP Morgan raises target price to 2500p from 2350p

* Idorsia Ltd IDIA.S: JP Morgan cuts target price to CHF 1 from CHF 1.2

* Lonza Group AG LONN.S: JP Morgan raises target price to CHF 650 from CHF 645

* Mercedes-Benz Group AG MBGn.DE: Barclays cuts target price to EUR 48.5 from EUR 65

* Mercedes-Benz Group AG MBGN.DE: Barclays cuts to underweight from equal-weight

* Michelin MICP.PA: Barclays cuts target price to EUR 30 from EUR 31

* Oxford Biomedica Plc OXB.L: JP Morgan raises target price to 490p from 450p

* Persimmon PSN.L: Citigroup cuts target price to 1450p from 1540p

* Persimmon PSN.L: Citigroup raises to buy from neutral

* Porsche AG P911_P.DE: Barclays raises to overweight from equal-weight

* Porsche Automobil Holding SE PSHG_p.DE: Barclays cuts target price to EUR 30 from EUR 35

* Prosus N.V. PRX.AS: Barclays raises target price to EUR 54.9 from EUR 42

* PZU PZU.WA: HSBC raises target price to PLN 57 from PLN 55.5

* Recordati RECI.MI: JP Morgan raises target price to EUR 65 from EUR 60

* Roche Holding AG ROG.S: JP Morgan raises target price to CHF 230 from CHF 220

* S4 Capital SFOR.L: HSBC cuts target price to 88p from 93p

* Sandoz Group AG SDZ.S: JP Morgan raises target price to CHF 48 from CHF 43

* Sanofi SASY.PA: JP Morgan raises target price to EUR 105 from EUR 100

* Sartorius AG SATG.DE: JP Morgan cuts target price to EUR 250 from EUR 260

* Sartorius AG SATG_p.DE: JP Morgan cuts target price to EUR 275 from EUR 290

* Sartorius Stedim Biotech SA STDM.PA: JP Morgan cuts target price to EUR 230 from EUR 240

* Taylor Wimpey TW.L: Citigroup cuts target price to 160p from 170p

* UCB SA UCB.BR: JP Morgan raises target price to EUR 230 from EUR 200

* Unicredit CRDI.MI: Jefferies raises target price to EUR 49 from EUR 47

* Volkswagen AG Prefs VOWG_p.DE: Barclays cuts target price to EUR 100 from EUR 110

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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