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