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EUROPEAN RESEARCH OVERVIEW

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Analysts covering securities revised their ratings and price targets on several European companies, including Accor, Bachem Holding, and Smarter Web Company.

KEY HIGHLIGHTS:

  • Accor (ACCP.PA): Berenberg lowers price target from 55 to 53 euros.
  • Bachem Holding AG (BANB.S): Barclays raises price target from 60 to 65 CHF.
  • Elixirr International Plc (ELIX.L): Berenberg initiates coverage with a buy rating.
  • Banque Nationale de Grèce (NBGR.AT): HSBC upgrades stock from “hold” to “buy”.
  • Smarter Web Company Plc (SWC.L): TD Cowen initiates coverage with a buy rating.

This is a summary of research actions on European companies reported by Reuters on Friday, organized alphabetically.

Other companies mentioned in the article include ABB Ltd, Adidas AG, Ahold Delhaize, Airbus, Airtel Africa, Amadeus, Amundi SA, Ashmore Group Plc, ASMI, AstraZeneca, Aurubis AG, Auto1, Ayvens SA, BAE Systems, Befesa SA, BESI, Bodycote Plc, Boliden, Brunello Cucinelli S.P.A, Compass Group Plc, Davide Campari, DEME, DWS Group, EasyJet, Endeavour Mining, Endesa SA, Fresnillo Plc, Glencore, Grenergy, Heidelberg Materials, Holcim AG, IAG, Impax Asset Management Group Plc, and many others.

(Source: Reuters)