EUROPE RESEARCH ROUNDUP- Airbus, BMW, Heineken

Reuters2025-04-17
EUROPE RESEARCH ROUNDUP- Airbus, BMW, Heineken

April 17 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Airbus, BMW and Heineken, on Thursday.

HIGHLIGHTS

* Airbus SE AIR.PA: Morgan Stanley cuts target price to EUR 187 from EUR 205

* BMW BMWG.DE: Jefferies cuts target price to EUR 83 from EUR 92

* Heineken NV HEIN.AS: Barclays cuts target price to EUR 92 from EUR 98

* Volkswagen AG VOWG_p.DE: RBC cuts target price to EUR 97 from EUR 116

* YouGov Plc YOU.L: Deutsche Bank cuts target price to 565p from 670p

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

* 4Imprint Group FOUR.L: Deutsche Bank cuts target price to 3900p from 6250p

* 4Imprint Group FOUR.L: Deutsche Bank cuts to hold from buy

* Adecco Group AG ADEN.S: Jefferies cuts target price to CHF 18.5 from CHF 19.5

* Adidas AG ADSGn.DE: UBS cuts target price to EUR 282 from EUR 289

* Adyen ADYEN.AS: Deutsche Bank cuts target price to EUR 2000 from EUR 2250

* Airbus SE AIR.PA: Morgan Stanley cuts target price to EUR 187 from EUR 205

* Anglo American AAL.L: RBC cuts target price to 2110p from 2310p

* Antofagasta ANTO.L: RBC cuts target price to 1700p from 1800p

* Antofagasta ANTO.L: RBC raises to sector perform from underperform

* Ashmore Group Plc ASHM.L: Morgan Stanley cuts target price to 144p from 162p

* ASML ASML.AS: Deutsche Bank cuts target price to EUR 700 from EUR 750

* ASML Holding ASML.AS: HSBC cuts target price to EUR 855 from EUR 942

* ASML Holding NV ASML.AS: Barclays cuts target price to EUR 770 from EUR 900

* ASML Holding NV ASML.AS: Berenberg cuts target price to EUR 740 from EUR 800

* ASML Holding NV ASML.AS: BofA Global Research cuts PT to EUR 759 from EUR 859

* ASML Holding NV ASML.AS: JP Morgan cuts target price to EUR 970 from EUR 1,057

* ASML Holding NV ASML.AS: Kepler Cheuvreux cuts PT to EUR 730 from EUR 950

* Aurubis NAFG.DE: Deutsche Bank cuts target price to EUR 85 from EUR 88

* Barry Callebaut AG BARN.S: Morgan Stanley cuts PT to CHF 1030 from CHF 1355

* Be Semiconductor Industries BESI.AS: Morgan Stanley cuts PT to EUR 120 from EUR 145

* Believe SA BLV.PA: Bernstein cuts target price to EUR 15.30 from EUR 18.30

* BMPS BMPS.MI: Barclays cuts target price to EUR 7.1 from EUR 7.4

* BMW BMWG.DE: Jefferies cuts target price to EUR 83 from EUR 92

* BMW BMWG.DE: RBC cuts target price to EUR 65 from EUR 80

* Bodycote BOY.L: HSBC cuts target price to 630p from 800p

* Boliden BOL.ST: Bernstein cuts target price to SEK 343 from SEK 347

* Brunello Cucinelli S.P.A BCU.MI: UBS cuts target price to EUR 121 from EUR 125

* Bunzl BNZL.L: Barclays cuts target price to 3100p from 3650p

* Bunzl BNZL.L: Bernstein cuts target price to 2900p from 3700p

* Bunzl BNZL.L: JP Morgan cuts target price to 2,700p from 3,500p

* Bunzl BNZL.L: JP Morgan cuts to neutral from overweight

* Bunzl BNZL.L: RBC cuts target price to 2600p from 3550p

* Bunzl Plc BNZL.L: Morgan Stanley cuts target price to 3150p from 3600p

* Burberry BRBY.L: Kepler Cheuvreux cuts target price to 900p from 1300p

* Burberry BRBY.L: Stifel cuts target price to 750p from 1,150p

* Central Asia Metals Plc CAML.L: RBC cuts target price to 200p from 220p

* Credem EMBI.MI: Barclays cuts target price to EUR 10.9 from EUR 11.7

* Cucinelli BCU.MI: Kepler Cheuvreux cuts target price to EUR 105 from EUR 110

* Daimler Truck Holding AG DTGGe.DE: HSBC cuts target price to EUR 47 from EUR 51

* Deutsche Telekom DTEGn.DE: UBS cuts target price to EUR 36.2 from EUR 37.7

* Dhl Group DHLn.DE: Deutsche Bank cuts target price to EUR 42 from EUR 50

* Discoverie Group Plc DSCV.L: Deutsche Bank cuts target price to 600p from 765p

* Discoverie Group Plc DSCV.L: HSBC cuts target price to 580p from 750p

* Docmorris AG DOCM.S: Baader Helvea cuts target price to CHF 19 from CHF 44

* Docmorris AG DOCM.S: Baader Helvea cuts to reduce from add

* DR ING HC F Porsche AG P911_p.DE: Jefferies cuts PT to EUR 49 from EUR 65

* Duerr AG DUEG.DE: Kepler Cheuvreux cuts target price to EUR 28 from EUR 30

* Ecora Resources Plc ECORE.L: RBC cuts target price to 120p from 130p

* Eiffage FOUG.PA: Kepler Cheuvreux raises target price to EUR 145 from EUR 127.5

* Embracer EMBRACb.ST: JP Morgan cuts target price to SEK 93 from SEK 108

* ENI ENI.MI: Stifel cuts target price to EUR 12.7 from EUR 13.9

* EQT AB EQTAB.ST: Barclays cuts target price to SEK 290 from SEK 355

* EQT AB EQTAB.ST: UBS cuts target price to SEK 230 from SEK 300

* Essilorluxottica SA ESLX.PA: JP Morgan cuts target price to EUR 270 from EUR 280

* Essity ESSITYa.ST: Kepler Cheuvreux cuts target price to SEK 307 from SEK 330

* Euronext NV ENX.PA: JP Morgan raises target price to EUR 143 from EUR 125

* Euronext NV ENX.PA: Morgan Stanley raises target price to EUR 148.5 from EUR 147.2

* Exail TECHNOLOGIES: Portzamparc raises PT to EUR 50.1 from EUR 41; rating ‘buy’

* Fnac Darty FNAC.PA: HSBC raises target price to EUR 35 from EUR 32

* Fnac Darty FNAC.PA: HSBC raises to buy from hold

* Fresenius Medical Care AG FMEG.DE: Morgan Stanley cuts PT to EUR 41 from EUR 42

* Future FUTR.L: Deutsche Bank cuts target price to 1915p from 2078p

* Galp Energia GALP.LS: HSBC cuts target price to EUR 18 from EUR 19.6

* Geberit GEBN.S: Barclays cuts target price to CHF 510 from CHF 515

* Geberit AG GEBN.S: Jefferies cuts target price to CHF 374 from CHF 401

* Gerresheimer AG GXIG.DE: Jefferies cuts target price to EUR 86 from EUR 93

* Getlink GETP.PA: Barclays cuts target price to EUR 19 from EUR 19.5

* GL Events SA: Midcap Partners raises PT to EUR 29.0 from EUR 28.0; rating ‘buy'

* GL Events SA: Portzamparc raises target price to EUR 30.6 from EUR 28.5; rating ‘buy'

* Glencore GLEN.L: RBC cuts target price to 420p from 440p

* Halma HLMA.L: HSBC cuts target price to 2550p from 2800p

* Hays HAYS.L: Jefferies cuts target price to 85p from 95p

* Hays HAYS.L: Morgan Stanley cuts target price to 64p from 66p

* Heidelberg Materials HEIG.DE: Jefferies cuts target price to EUR 191.4 from EUR 200

* Heineken NV HEIN.AS: Barclays cuts target price to EUR 92 from EUR 98

* Heineken NV HEIN.AS: Bernstein cuts target price to EUR 104 from EUR 107

* Heineken NV HEIN.AS: BofA Global Research cuts PT to EUR 93 from EUR 97

* Heineken NV HEIN.AS: UBS cuts target price to EUR 93 from EUR 96

* Hermes HRMS.PA: JP Morgan cuts target price to EUR 2,650 from EUR 2,700

* Hill & Smith HILS.L: Peel Hunt raises target price to 2650p from 2625p

* Holcim AG HOLN.S: Jefferies cuts target price to CHF 100 from CHF 108.7

* Holcim AG HOLN.S: Kepler Cheuvreux raises target price to CHF 106 from CHF 103

* Huhtamaki HUH1V.HE: Citigroup cuts target price to EUR 45 from EUR 46

* Hydro NHY.OL: RBC raises to outperform from sector perform

* IMI IMI.L: HSBC cuts target price to 2170p from 2440p

* Inficon IFCN.S: UBS cuts target price to CHF 130 from CHF 140

* Integrafin Holdings Plc IHPI.L: Jefferies cuts target price to 330p from 355p

* Intercos S.P.A. ICOS.MI: UBS cuts target price to EUR 17.9 from EUR 18.5

* Intesa Sanpaolo ISP.MI: Barclays raises target price to EUR 4.9 from EUR 4.8

* Ipsen SA IPN.PA: Morgan Stanley cuts target price to EUR 107 from EUR 110

* JD Sports Fashion JD.L: UBS cuts target price to 84p from 103p

* Kingspan Group KSP.I: Barclays cuts target price to EUR 88 from EUR 90

* Kingspan Group KSP.I: Jefferies cuts target price to EUR 69.5 from EUR 72.8

* Kone Oyj KNEBV.HE: Citigroup cuts target price to EUR 58 from EUR 59

* Kone Oyj KNEBV.HE: Kepler Cheuvreux cuts target price to EUR 53 from EUR 58

* Kone Oyj KNEBV.HE: Kepler Cheuvreux cuts to hold from buy

* LVMH LVMH.PA: Berenberg cuts target price to EUR 570 from EUR 740

* M&C Saatchi SAA.L: Deutsche Bank cuts target price to 248p from 266p

* Melia Hotels MEL.MC: UBS cuts target price to EUR 6 from EUR 7.15

* Mercedes-Benz Group AG MBGn.DE: Jefferies cuts PT to EUR 55 from EUR 65

* Mercedes-Benz Group AG MBGn.DE: RBC cuts target price to EUR 73 from EUR 79

* Mitie Group Plc MTO.L: Berenberg raises target price to 165p from 160p

* Mitie Group Plc MTO.L: Deutsche Bank raises target price to 150p from 145p

* Moncler MONC.MI: Kepler Cheuvreux cuts target price to EUR 60 from EUR 65

* Moncler MONC.MI: RBC cuts target price to EUR 64 from EUR 65

* Moncler SpA MONC.MI: UBS cuts target price to EUR 61 from EUR 64

* Nedap NEDP.AS: Kepler Cheuvreux raises PT to EUR 65 from EUR 60.5

* Neste NESTE.HE: UBS cuts target price to EUR 7.5 from EUR 10

* Nobia NOBI.ST: Kepler Cheuvreux cuts target price to SEK 4.1 from SEK 4.8

* Nordea NDAFI.HE: Barclays raises target price to EUR 11.8 from EUR 11.7

* Nordea NDAFI.HE: Inderes cuts PT to EUR 12.0 from EUR 12.5; rating accumulate

* Nordea NDASE.ST: UBS raises target price to SEK 154 from SEK 150

* Orange SA ORAN.PA: Morgan Stanley raises target price to EUR 13.5 from EUR 12.5

* OVS SpA OVS.MI: Kepler Cheuvreux cuts target price to EUR 3.8 from EUR 4

* Oxford Instruments OXIG.L: Deutsche Bank cuts target price to 2750p from 2850p

* Oxford Instruments OXIG.L: HSBC cuts target price to 2050p from 2630p

* Pagegroup PAGE.L: Jefferies cuts target price to 275p from 340p

* Publicis Groupe SA PUBP.PA: Barclays cuts target price to EUR 110 from EUR 125

* Puma SE PUMG.DE: UBS cuts target price to EUR 19 from EUR 19.5

* Randstad NV RAND.AS: Jefferies cuts target price to EUR 45 from EUR 50

* Renault RENA.PA: Jefferies cuts target price to EUR 48 from EUR 52

* Renishaw RSW.L: HSBC cuts target price to 2400p from 3300p

* Rightmove RMV.L: HSBC cuts to hold from buy

* Rolls-Royce Holdings Plc RR.L: Morgan Stanley raises target price to 900p from 700p

* Rotork ROR.L: HSBC cuts target price to 360p from 395p

* S4 Capital Plc SFOR.L: Deutsche Bank cuts target price to 37p from 42p

* Saint-Gobain SGOB.PA: Barclays cuts target price to EUR 112 from EUR 122

* Saint-Gobain SGOB.PA: Jefferies cuts target price to EUR 140 from EUR 150

* Sandvik SAND.ST: Deutsche Bank cuts target price to SEK 203 from SEK 205

* Sandvik AB SAND.ST: Kepler Cheuvreux cuts target price to SEK 230 from SEK 250

* Sap SE SAPG.DE: Citigroup cuts target price to EUR 280 from EUR 300

* Sartorius SATG_p.DE: Deutsche Bank cuts target price to EUR 270 from EUR 285

* Sartorius SATG_p.DE: Deutsche Bank raises to buy from hold

* Sartorius AG SATG.DE: Bernstein raises target price to EUR 248 from EUR 234

* Sartorius AG SATG.DE: Bernstein raises to outperform from market-perform

* Sartorius AG SATG.DE: Morgan Stanley cuts target price to EUR 300 from EUR 340

* Sartorius AG SATG.DE: Stifel cuts target price to EUR 230 from EUR 285

* Sartorius Stedim Biotech STDM.PA: Morgan Stanley cuts PT to EUR 250 from EUR 260

* Schindler Holding AG SCHP.S: Citigroup raises target price to CHF 272 from CHF 255

* Schindler Holding AG SCHP.S: Kepler Cheuvreux cuts PT to CHF 255 from CHF 265

* Schindler Holding AG SCHP.S: Kepler Cheuvreux cuts to reduce from hold

* Schneider Electric SCHN.PA: Citigroup cuts target price to EUR 245 from EUR 250

* Schneider Electric SCHN.PA: Citigroup raises to buy from neutral

* Siemens Energy ENR1n.DE: Deutsche Bank raises target price to EUR 74 from EUR 62

* SIG Group AG SIGNC.S: Citigroup cuts target price to CHF 22 from CHF 22.50

* Sika SIKA.S: Barclays cuts target price to CHF 200 from CHF 220

* Sika SIKA.S: Jefferies cuts target price to CHF 278 from CHF 300

* SMA Solar S92G.DE: Jefferies cuts target price to EUR 16 from EUR 20

* Smiths Group SMIN.L: HSBC cuts target price to 2500p from 2730p

* Spectris SXS.L: HSBC cuts target price to 2625p from 3200p

* Spirax Group SPX.L: HSBC cuts target price to 6435p from 8200p

* Spirax Group SPX.L: HSBC cuts to hold from buy

* Stellantis NV STLAM.MI: Jefferies cuts target price to EUR 9 from EUR 14

* Stellantis NV STLAM.MI: RBC cuts target price to EUR 9 from EUR 12

* Tele2 TEL2b.ST: Deutsche Bank raises target price to SEK 119 from SEK 105

* Theon International Plc THEON.AS: Berenberg raises PT to EUR 31 from EUR 20

* Travis Perkins TPK.L: JP Morgan cuts target price to 670p from 910p

* Trelleborg TRELb.ST: Citigroup cuts target price to SEK 350 from SEK 380

* Unicredit CRDI.MI: Barclays raises target price to EUR 56.3 from EUR 50

* Vesuvius Plc VSVS.L: HSBC cuts target price to 450p from 580p

* Vidrala VID.MC: Citigroup cuts target price to EUR 99 from EUR 103

* Volex VLX.L: HSBC cuts target price to 380p from 500p

* Volkswagen AG VOWG_p.DE: RBC cuts target price to EUR 97 from EUR 116

* Voltalia SA VLTSA.PA: Morgan Stanley cuts target price to EUR 7 from EUR 9

* WH Smith SMWH.L: Deutsche Bank cuts target price to 1050p from 1290p

* Worldline WLN.PA: Deutsche Bank cuts target price to EUR 6.5 from EUR 7

* WPP Group WPP.L: Deutsche Bank cuts target price to 740p from 875p

* YouGov Plc YOU.L: Deutsche Bank cuts target price to 565p from 670p

(Compiled by Bengaluru Newsroom)

((Diaries@thomsonreuters.com))

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