Analyst Opinions: Changes for Thales, L'Oréal, Safran...
On Tuesday, January 13, 2026, several financial analysts revised their recommendations and price targets for European listed companies. The adjustments affect companies from various sectors, from aerospace to technology and consumer goods.
Thales: Deutsche Bank lowers its recommendation from buy to hold and reduces its price target from €285 to €280.
Heineken: HSBC switches from buy to hold and adjusts its target from €80 to €78.
EssilorLuxottica: BNP Paribas Exane maintains its outperform rating but reduces its target from €365 to €360.
BE Semiconductor: New Street Research LLP maintains its buy recommendation and significantly raises its target from €170 to €220.
ASM International: Jefferies downgrades its recommendation from hold to underperform with a target at €495.
Argenx SE: DZ Bank AG Research maintains its buy recommendation but lowers its target from €889 to €850.
Legrand: CIC Market Solutions initiates coverage with a buy recommendation and a target of €145.
Xilam Animation: TP Icap Midcap starts tracking with a sell recommendation and a target at €3.30.
Capgemini: Oddo BHF initiates an outperform recommendation and raises its target from €169 to €180.
STMicroelectronics: Goldman Sachs initiates a neutral recommendation and raises its target from €22 to €22.60. Jefferies increases its target from €26 to €29.
Sodexo: Bernstein initiates a market perform recommendation and lowers its target from €65.50 to €52.60.
Renault: HSBC initiates a buy recommendation and reduces its target from €47 to €46.
Planisware: UBS initiates a buy recommendation with a target of €28.
FDJ United: Bernstein initiates a market perform recommendation and lowers its target from €37.50 to €25.60.
Bouygues: Citi initiates a neutral recommendation and raises its target from €39.20 to €47.80. Citigroup makes the same adjustment.
ArcelorMittal SA: Deutsche Bank initiates a buy recommendation and increases its target from €42 to €47.
Amundi: RBC Capital initiates a sector perform recommendation and raises its target from €66 to €71. Goldman Sachs initiates a buy recommendation and increases its target from €78 to €79.
Air Liquide: UBS initiates a buy recommendation and lowers its target from €205 to €200.
Air France-KLM: DBS Bank initiates a hold recommendation and raises its target from €10 to €11.
Accor: Bernstein initiates an outperform recommendation and raises its target from €52.40 to €56.60.
Pernod Ricard: MedioBanca initiates a neutral recommendation with a target at €93.
Safran: Deutsche Bank initiates a buy recommendation and raises its target from €325 to €348.
Exosens: Deutsche Bank initiates a hold recommendation and increases its target from €49 to €52.
Airbus: Deutsche Bank initiates a buy recommendation and raises its target from €222 to €250.
Stellantis NV: HSBC increases its target from €8.50 to €10.
Michelin: Deutsche Bank maintains its buy recommendation and raises its target from €31 to €35.
Danone: Deutsche Bank lowers its recommendation from buy to hold and reduces its target from €74 to €67.
L'Oréal: Deutsche Bank switches from buy to hold and lowers its target from €285 to €280.
