Price Targets: Developments for Airbus, Renault, Vinci, and More
Analysts are adjusting their recommendations on several major European stocks, including those in aerospace, automotive, telecoms, and spirits sectors.
Sector-Wide Adjustments
Airbus: Oddo BHF has adjusted its target from €236 to €224, Morgan Stanley from €252 to €230, Vertical Research Partners from €248 to €239, RBC Capital from €235 to €225, and Deutsche Bank from €250 to €226, maintaining ratings of outperform, overweight, buy, outperform, and buy respectively. Renault: Mediobanca raises its target from €50 to €52 (neutral rating), HSBC lowers it from €46 to €43 (buy rating), BNP Paribas Exane reduces it from €44 to €40 (outperform rating), and Alphavalue increases it from €45 to €46.20 (buy rating). Vinci: Goldman Sachs initiates coverage with a target of €152, recommending a buy. Pernod Ricard: Citi lowers its target from €105 to €101 (buy rating), UBS raises it from €75 to €81 (neutral rating), Jefferies increases it from €110 to €115 (buy rating), and Bernstein reduces it from €125 to €119 (outperform rating). BE Semiconductor: UBS raises its target from €210 to €216 (buy rating), Needham from €190 to €210 (buy rating), Morgan Stanley from €185 to €190 (overweight rating), Goldman Sachs from €200 to €205 (buy rating), Bernstein from €165 to €195 (outperform rating), Barclays from €150 to €155 (market weight rating), and Alphavalue from €131 to €136 (sell rating). Air France-KLM: JP Morgan raises its target from €14.50 to €17 (overweight rating), Citi from €11.30 to €13.20 (neutral rating), and Bernstein from €11.50 to €13 (market performance rating). Société Générale: UBS raises its target from €80 to €86, recommending a buy. Orange: JP Morgan raises its target from €20.50 to €21, advising overweight. Accor: Oddo BHF raises its target from €55 to €59 (outperform rating), Deutsche Bank from €53 to €55 (buy rating), and Bernstein from €56.60 to €58 (outperform rating). Eurofins Scientific: Goldman Sachs raises its target from €90 to €93, recommending a buy. Klépierre: Oddo BHF raises its target from €35 to €36, giving a neutral rating. Louis Hachette: Oddo BHF raises its target from €2.10 to €2.40, recommending outperform. Wolters Kluwer: JP Morgan lowers its target from €107 to €73, giving a neutral rating. Dassault Systèmes: Citi reduces its target from €26 to €19, giving a neutral recommendation. Adyen: Truist Securities lowers its target from €1630 to €1251, advising a buy. MBWS: Oddo BHF reduces its target from €3 to €2.70, giving a neutral recommendation. Carvolix: TP Icap Midcap initiates coverage with a target of €4.50, advising a buy.
