Analyst Recommendations: Changes for Stellantis, Danone, Eiffage...
This Tuesday, several brokers are adjusting their price targets on European stocks. The revisions particularly affect the automotive, construction, banking, and defense sectors.
Ubisoft Entertain: UBS lowers its price target from €7.00 to €4.50. Recommendation remains neutral.
UCB: Wolfe Research initiates coverage with a price target of €340.00. Rating set to outperform.
Theon Internat: Oddo BHF starts coverage with a price target set at €38.00. Recommendation to outperform.
TF1: JP Morgan cuts its price target from €12.00 to €9.90. Rating maintained at overweight.
Stellantis NV: Grupo Santander lowers its price target from €8.80 to €7.00. Recommendation remains neutral.
Nokia: Danske starts coverage with a price target of €6.50. Rating to hold.
Nexans: Barclays reduces its price target from €137.00 to €132.00. Recommendation to equal weight.
Mercialys: Jefferies raises its price target from €13.00 to €13.50. Rating maintained at buy.
KBC: Goldman Sachs increases its price target from €128.00 to €131.00. Recommendation maintained at buy.
GTT: Berenberg raises its price target from €180.00 to €185.00. Rating maintained at hold.
FDJ United: Rothschild & Co Redburn lowers its price target from €31.00 to €28.75. Recommendation to neutral. Goldman Sachs increases its price target from €23.00 to €24.20. Rating to sell.
Exosens: TP Icap Midcap raises its price target from €52.00 to €65.00. Recommendation to buy.
Euronext: Oddo BHF increases its price target from €152.00 to €155.00. Rating to outperform.
Elis: RBC Capital initiates coverage with a price target of €27.50. Recommendation to sector perform.
Eiffage: Kepler Cheuvreux raises its price target from €145.00 to €170.00. Rating to buy. Morgan Stanley increases its price target from €172.00 to €178.00. Recommendation to overweight.
Danone: HSBC raises its price target from €73.00 to €75.00. Recommendation to hold.
ADP: Barclays increases its price target from €124.00 to €138.00. Rating maintained at overweight.
Air France-KLM: Barclays raises its price target from €9.90 to €11.00. Recommendation to underweight. Goodbody CF increases its price target from €11.80 to €12.40. Rating to hold.