ReutersReuters

Bytes Technology, Marks and Spencer, Phoenix

Securities analysts revised their ratings and price targets on several European companies, including Bytes Technology, Marks and Spencer and Phoenix, on Monday.

HIGHLIGHTS

  • * Adidas AG ADS: RBC raises target price to EUR 250 from EUR 230

  • * Bytes Technology Group Plc BYIT: HSBC raises to buy from hold

  • * Marks and Spencer Group MKS: Jefferies raises to buy from hold

  • * Phoenix PHNX: Berenberg cuts target price to 650p from 739p

  • * Schindler Holding AG SCHN: Citigroup raises target price to CHF 242 from CHF 240

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

  • * AB Foods ABF: Jefferies raises target price to 2,500p from 2,160p

  • * Adesso SE ADN1: Berenberg raises target price to EUR 165 from EUR 160

  • * Adidas AG ADS: RBC raises target price to EUR 250 from EUR 230

  • * Aegon NV AGN: Deutsche Bank raises target price to EUR 6 from EUR 5.6

  • * Ashtead Group Plc AHT: UBS raises target price to 5850p from 5500p

  • * ASML Holding NV ASML: ING raises target price to EUR 1000 from EUR 950

  • * Aures Technologies ALAUR: Midcap Partners raises PT to EUR 6.31 from EUR 4.80; rating hold

  • * Aurubis AG NDA: Deutsche Bank raises target price to EUR 88 from EUR 84

  • * Avanza AZA: UBS cuts target price to SEK 181 from SEK 182

  • * B&M BME: Jefferies raises to hold from underperform; raises PT to 525p from 380p

  • * Banca Monte Dei Paschi Di Siena BMPS: Barclays raises PT to EUR 5.3 from EUR 4.3

  • * Banco Bpm BAMI: Barclays raises target price to EUR 7.8 from EUR 7

  • * Barclays BARC: JP Morgan raises target price to 240p from 220p

  • * BAT BATS: Jefferies raises target price to 3,300p from 3,200p

  • * Believe SA BLV: Stifel cuts target price to EUR 18

  • * Biomerieux BIM: HSBC raises target price to EUR 120 from EUR 110

  • * BPER BPE: Barclays raises target price to EUR 5.7 from EUR 4.4

  • * Brenntag SE BNR: JP Morgan cuts target price to EUR 72.5 from EUR 74

  • * Bytes Technology Group Plc BYIT: HSBC cuts target price to 625p from 675p

  • * Bytes Technology Group Plc BYIT: HSBC raises to buy from hold

  • * Carnival CCL: Citigroup cuts target price to 1450p from 1800p

  • * Cerillion Plc CCER: Liberum raises target price to 1650p from 1500p

  • * Computacenter CCC: HSBC raises target price to 3525p from 3015p

  • * Credito Emiliano SpA CE: Barclays raises target price to EUR 10.1 from EUR 9.4

  • * Deutsche Lufthansa AG LHA: Barclays cuts target price to EUR 7.3 from EUR 8

  • * Deutsche Lufthansa AG LHA: JP Morgan cuts target price to EUR 5.8 from EUR 6.9

  • * Diasorin DIA: HSBC cuts target price to EUR 110 from EUR 115

  • * DR Martens Plc DOCS: RBC cuts target price to 65p from 85p

  • * DSM-Firmenich AG DSFIR: Stifel raises target price to EUR 103 from EUR 90

  • * EasyJet EZJ: RBC raises target price to 580p from 540p

  • * Ecora Resources Plc ECOR: RBC cuts target price to 140p from 150p

  • * Elisa ELISA: Inderes raises to accumulate from reduce; target price EUR 47

  • * Equinor ASA EQNR: BofA Global Research raises PT to NOK 365 from NOK 350

  • * Eurofins Scientific ERF: HSBC raises target price to EUR 70 from EUR 60

  • * Eurofins Scientific ERF: HSBC raises to buy from hold

  • * Fagron NV FAGR: Degroof Petercam raises target price to EUR 24 from EUR 23

  • * Fastned BV FAST: ING cuts target price to EUR 23 from EUR 29

  • * Fastned BV FAST: ING cuts target price to EUR 23 from EUR 29

  • * Forvia SE FRVIA: Citigroup raises target price to EUR 20 from EUR 19

  • * Galp GALP: Citigroup raises target price to EUR 24.5 from EUR 16.5

  • * Gerresheimer AG GXI: Exane BNP Paribas initiates coverage with outperform rating

  • * Gerresheimer AG GXI: Jefferies raises target price to EUR 128 from EUR 126

  • * Groupe Ldlc ALLDL: Midcap Partners cuts PT to EUR 18.4 from EUR 19; rating hold

  • * Imperial Brands IMB: Jefferies cuts target price to 1,710p from 1,810p

  • * Intesa Sanpaolo SpA ISP: Barclays raises target price to EUR 4 from EUR 3.8

  • * Ionos Group SE IOS: Deutsche Bank raises target price to EUR 27 from EUR 21

  • * Ithaca Energy Plc ITH: Peel Hunt raises target price to 214p from 192p

  • * Johnson Service Group JSGL: HSBC raises target price to 143p from 142p

  • * Just Eat Takeaway.Com TKWY: ING raises target price to EUR 22.5 from EUR 21

  • * KBC Groep NV KBC: UBS raises target price to EUR 70.7 from EUR 69

  • * Keystone Law Group Plc KKEYS: Stifel raises target price to 725p from 700p

  • * Knorr Bremse AG KBX: Berenberg raises target price to EUR 80 from EUR 79

  • * Knorr-Bremse AG KBX: UBS raises target price to EUR 86 from EUR 79

  • * Konecranes KCR: Inderes raises target price to EUR 46 from EUR 40; rating reduce

  • * Lloyds LLOY: JP Morgan raises target price to 50p from 45p

  • * Man Group Plc EMG: BofA Global Research cuts price objective to 300p from 315p

  • * Marks and Spencer Group MKS: Jefferies raises to buy from hold

  • * Mears Group Plc MER: Peel Hunt cuts to hold from add

  • * Mears Group Plc MER: Peel Hunt raises target price to 375p from 350p

  • * Mediobanca MB: Barclays raises target price to EUR 14.6 from EUR 12.7

  • * Naturgy NTGY: UBS cuts target price to EUR 23.85 from EUR 26.25

  • * Natwest Group Plc NWG: JP Morgan raises target price to 330p from 290p

  • * Next Plc NXT: Jefferies raises to buy from hold; raises PT to 10,300p from 6,800p

  • * Nordea NDA_FI: UBS raises target price to SEK 144 from SEK 140

  • * Nordea Bank Abp NDA_FI: Morgan Stanley raises PT to EUR 13.3 from EUR 12.7

  • * Nordex SE NDX1: Deutsche Bank raises target price to EUR 17 from EUR 16

  • * Nostrum Oil & Gas Plc NOG: Canaccord Genuity raises target price to 14p from 12.5p

  • * Oxford Nanopore Technologies Plc ONT: HSBC cuts target price to 170p from 280p

  • * Phoenix PHNX: Berenberg cuts target price to 650p from 739p

  • * QPR Software QPR1V: Inderes cuts to sell from reduce

  • * QPR Software QPR1V: Inderes raises target price to EUR 0.50 from EUR 0.38

  • * Rational AG RAA: Deutsche Bank raises target price to EUR 777 from EUR 728

  • * Roche Holding AG RO: HSBC cuts target price to CHF 280 from CHF 290

  • * Rolls Royce RR.: Jefferies raises target price to 530p from 470p

  • * Sainsbury SBRY: Jefferies raises to buy from hold

  • * Salzgitter AG SZG: Deutsche Bank raises target price to EUR 26 from EUR 24

  • * Sandoz AG SDZ: UBS raises target price to CHF 36 from CHF 29.1

  • * Sandoz AG SDZ: UBS raises to buy from neutral

  • * Sartorius SRT: Deutsche Bank cuts target price to EUR 285 from EUR 316

  • * Sartorius AG SRT: UBS cuts target price to EUR 314 from EUR 366

  • * Sartorius Stedim Biotech DIM: UBS cuts target price to EUR 232 from EUR 276

  • * Schindler Holding AG SCHN: Citigroup raises target price to CHF 242 from CHF 240

  • * Schott pharma AG & Co KGaA 11SXP: Jefferies raises PT to EUR 36.2 from EUR 34.3

  • * Sodexo SA SW: Morgan Stanley raises target price to EUR 86 from EUR 84

  • * Sodexo SA SW: UBS raises target price to EUR 93.25 from EUR 92

  • * Softcat SCT: HSBC raises target price to 1960p from 1540p

  • * Soitec SA SOI: Berenberg cuts target price to EUR 110 from EUR 180

  • * SSAB AB SSAB_A: Morgan Stanley cuts target price to SEK 66 from SEK 76

  • * Thales SA HO: Morgan Stanley raises target price to EUR 164 from EUR 150

  • * Tomtom NV TOM2: ING cuts target price to EUR 6 from EUR 7.5

  • * Tribe Technology Plc TTRYB: Canaccord Genuity initiates coverage with speculative buy rating; PT 14p

  • * UBS Group AG UBSG: Exane BNP Paribas cuts target price to CHF 27

  • * UBS Group AG UBSG: Exane BNP Paribas cuts to neutral from outperform

  • * UBS Group AG UBSG: HSBC cuts target price to CHF 30 from CHF 31

  • * UBS Group AG UBSG: Morgan Stanley cuts target price to CHF 31 from CHF 33

  • * Unicredit UCG: Barclays raises target price to EUR 41.5 from EUR 35.9

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