Air Liquide, Galapagos NV, Pennon Group
Securities analysts revised their ratings and price targets on several European companies, including Air Liquide, Galapagos NV, and Pennon Group, on Thursday.
HIGHLIGHTS
* Air Liquide
AI: Berenberg raises to buy from hold * Galapagos NV
GLPG: Citigroup cuts to neutral from buy * Kingfisher Plc
KGF: UBS raises target price to 225p from 220p * Pennon Group Plc
PNN: Credit Suisse raises to outperform from neutral* Symrise AG
SY1: Morgan Stanley raises to overweight from underweight
Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock entries are in alphabetical order.
* Adriatic Metals Plc
ADT1: Berenberg cuts target price to 260p from 270p * Air Liquide
AI: Berenberg raises target price to EUR 178 from EUR 165 * Air Liquide
AI: Berenberg raises to buy from hold * Alcon AG
ALC: Berenberg raises target price to CHF 90 from CHF 88 * Alfen NV
ALFEN: Deutsche Bank cuts target price to EUR 70 from EUR 90 * Alfen NV
ALFEN: Jefferies cuts target price to EUR 50 from EUR 55 * Bavarian Nordic A/S
BAVA: TD Cowen cuts target price to DKK 230 from DKK 250 * Caixabank
CABK: Berenberg raises target price to EUR 5 from EUR 4.8 * Cofinimmo
COFB: HSBC cuts target price to EUR 80 from EUR 93 * Cosmo Pharmaceuticals NV
COPN: Credit Suisse cuts target price to CHF 52 from CHF 68 * Croda
CRDA: Morgan Stanley cuts target price to 6500p from 6600p * Darktrace Plc DDARK: Liberum raises target price to 440p from 400p
* Derwent London
DLN: Barclays cuts target price to 2040p from 2200p * Digital Workforce
DWF: Inderes cuts PT to EUR 5.0 from EUR 5.5; rating accumulate * Docmorris AG
DOCM: UBS raises target price to CHF 29.5 from CHF 27 * Dormakaba Holding AG
DOKA: UBS raises target price to CHF 420 from CHF 400 * Galapagos NV
GLPG: Citigroup cuts price target to EUR 41 from EUR 51 * Galapagos NV
GLPG: Citigroup cuts to neutral from buy * Grifols
GRF: Credit Suisse raises target price to EUR 13.5 from EUR 11 * Inditex
ITX: JP Morgan raises target price to EUR 40 from EUR 38 * Inpost SA
INPST: Jefferies raises target price to EUR 13 from EUR 11.5 * Ithaca Energy Plc
ITH: Stifel cuts target price to 152p from 162p * Iveco Group
IVG: Deutsche Bank initiates coverage with hold rating and PT EUR 10 * Kerry Group Plc
KRZI: Morgan Stanley cuts target price to EUR 103 from EUR 106 * Kingfisher Plc
KGF: UBS raises target price to 225p from 220p * Mithra Pharmaceuticals SA MMITRA: Portzamparc resumes with buy rating
* Mithra Pharmaceuticals SA MMITRA: Portzamparc resumes with PT of EUR 3.80 vs EUR 4.10 before coverage suspension
* Pennon Group Plc
PNN: Credit Suisse cuts target price to 760p from 900p * Pennon Group Plc
PNN: Credit Suisse raises to outperform from neutral* Rolls Royce
RR.: UBS raises target price to 350p from 200p * RWE AG
RWE: Credit Suisse raises target price to EUR 52 from EUR 50 * Safestore Holdings Plc
SAFE: Citigroup cuts price target to 1080p from 1090p * SMA Solar
S92: Deutsche Bank initiates coverage with hold rating and PT EUR 85 * Solteq
SOLTEQ: Inderes cuts target price to EUR 1.15 from EUR 1.4 * Solteq
SOLTEQ: Inderes cuts to reduce from accumulate* Spirax
SPX: UBS cuts target price to 11700p from 12150p * SSAB AB
SSAB_A: Morgan Stanley cuts target price to SEK 81 from SEK 89.9 * Symrise AG
SY1: Morgan Stanley raises target price to EUR 109 from EUR 97 * Symrise AG
SY1: Morgan Stanley raises to overweight from underweight * Whitbread
WTB: CFRA raises target price to 3700p from 3300p