XM does not provide services to residents of the United States of America.

Believe SA, Inditex, Legal & General Group



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>EUROPE RESEARCH ROUNDUP-Believe SA, Inditex, Legal & General Group</title></head><body>

March 14 (Reuters) -Securities analysts revised their ratings and price targets on several European companies including Believe SA, Inditex and Legal & General Group, on Thursday.


HIGHLIGHTS


* Believe SA BLV.PA: JP Morgan raises target price to EUR 15 from EUR 11.6

* Inditex ITX.MC: JP Morgan raises target price to EUR 48 from EUR 42

* Kardex Holding AG KARN.S: Jefferies cuts to hold from buy

* Legal & General Group Plc LGEN.L: JP Morgan raises target price to 330p from 305p

* SES SA SESFd.PA: Berenberg cuts to hold from buy


Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock entries are in alphabetical order.


* Adidas AG ADSGn.DE: Jefferies raises target price to EUR 185 from EUR 165

* Adidas AG ADSGn.DE: TD Cowen raises target price to EUR 209 from EUR 158

* Adidas AG ADSGn.DE: Telsey Advisory Group raises target price to EUR 205 from EUR 185

* Adidas AG ADSGn.DE: UBS raises target price to EUR 228 from EUR 203

* Adidas AG ADSGn.DE: Wedbush raises target price to EUR 193 from EUR 150

* Admiral ADML.L: Jefferies raises target price to 2195p from 2050p

* ADP ADP.PA: Exane BNP Paribas raises to outperform from neutral

* Aena SME SA AENA.MC: Exane BNP Paribas cuts to neutral from outperform

* Aia AIAr.AT: Deutsche Bank initiates coverage with hold rating and PT EUR 8.8

* Alcon AG ALCC.S: RBC initiates coverage with sector perform rating ; PT CHF 85

* Amplifon SpA AMPF.MI: Jefferies raises target price to EUR 39 from EUR 33

* Athens International Airport SA AIAr.AT: Morgan Stanley initiates with equal weight rating

* Athens International Airport SA AIAr.AT: Morgan Stanley initiates with PT EUR 8.7

* Auto1 Group SE AG1G.DE: Citigroup cuts target price to EUR 10.7 from EUR 11.3

* Aviva AV.L: Berenberg raises target price to 550p from 493p

* Balfour Beatty BALF.L: UBS raises target price to 480p from 445p

* Believe SA BLV.PA: JP Morgan raises target price to EUR 15 from EUR 11.6

* Biomérieux BIOX.PA: Midcap cuts to "hold" from "buy"; cuts PT to EUR 103 from EUR 112

* BNP Paribas BNPP.PA: Berenberg raises target price to EUR 74 from EUR 72

* Breedon Group Plc BREE.L: Barclays raises target price to 464p from 450p

* Breedon Group Plc BREE.L: Peel Hunt raises target price to 455p from 430p

* Capricorn Energy CNE.L: Peel Hunt raises target price to 175p from 170p

* Carl Zeiss Meditec AG AFXG.DE: RBC initiates coverage with outperform rating

* Carl Zeiss Meditec AG AFXG.DE: RBC initiates coverage with target price EUR 150

* Demant A/S DEMANT.CO: Deutsche Bank raises target price to DKK 373 from DKK 368

* Demant A/S DEMANT.CO: Bernstein raises target price to DKK 405 from DKK 390

* Dhl Group DHLn.DE: Barclays cuts target price to EUR 45 from EUR 49

* Digital 9 Infrastructure Plc DGI9.L: Stifel raises to positive from neutral

* DSV DSV.CO: BofA Global Research cuts price objective to DKK 1,580 from DKK 1,600

* Endesa ELE.MC: HSBC cuts target price to EUR 18.5 from EUR 19.5

* Enel ENEI.MI: HSBC cuts target price to EUR 7.2 from EUR 7.5

* Entain ENT.L: Peel Hunt cuts target price to 1100p from 1300p

* Ferrari RACE.MI: Bernstein raises target price to EUR 365 from EUR 340

* Fraport FRAG.DE: Exane BNP Paribas raises to outperform from neutral

* Fresnillo Plc FRES.L: Morgan Stanley cuts target price to 470p from 480p

* Fuchs Petrolub SE FPE3_p.DE: UBS raises target price to EUR 44 from EUR 37

* Fuchs SE FPE3_p.DE: Berenberg raises target price to EUR 48 from EUR 44

* Geberit AG GEBN.S: Morgan Stanley raises target price to CHF 418 from CHF 412

* Gulf Keystone Petroleum Ltd GKP.L: Peel Hunt raises target price to 196p from 180p

* Hellofresh SE HFGG.DE: JP Morgan cuts target price to EUR 9 from EUR 18

* Hochschild Mining Plc HOCM.L: Berenberg raises target price to 150p from 140p

* Hochschild Mining Plc HOCM.L: UBS raises target price to 140p from 135p

* IDS IDSI.L: BofA Global Research cuts price objective to 300p from 335p

* IHG IHG.L: BofA Global Research raises price objective to 9,000p from 8,200p

* Inditex ITX.MC: Bernstein raises target price to EUR 47 from EUR 42

* Inditex ITX.MC: JP Morgan raises target price to EUR 48 from EUR 42

* Inditex ITX.MC: Telsey Advisory Group raises target price to EUR 45 from EUR 40

* Inpost SA INPST.AS: BofA Global Research raises price objective to EUR 15 from EUR 14

* International Personal Finance Plc IPF.L: Peel Hunt reinstates coverage with buy rating

* International Personal Finance Plc IPF.L: Peel Hunt reinstates coverage with PT 160p

* Ithaca Energy Plc ITH.L: Peel Hunt cuts target price to 192p from 210p

* Kardex Holding AG KARN.S: Jefferies cuts to hold from buy

* Kardex Holding AG KARN.S: Jefferies raises target price to CHF 255 from CHF 245

* Legal & General Group Plc LGEN.L: JP Morgan raises target price to 330p from 305p

* Leonardo SpA LDOF.MI: JP Morgan raises target price to EUR 27.5 from EUR 20

* Logitech International SA LOGN.S: Berenberg initiates coverage with buy rating; PT CHF 98

* Londonmetric LMPL.L: JP Morgan reinstates coverage with overweight rating

* Londonmetric LMPL.L: JP Morgan reinstates coverage with target price 230p

* LVMH Moet Hennessy Louis Vuitton SA LVMH.PA: Morgan Stanley ups PT to EUR 850 from EUR 790

* LVMH Moet Hennessy Louis Vuitton SA LVMH.PA: Stifel raises PT to EUR 925 from EUR 860

* Medacta Group SA MOVE.S: UBS raises target price to CHF 141 from CHF 137

* Metro Bank Holdings Plc MTRO.L: Barclays cuts target price to 35p from 45p

* Nexi SpA NEXII.MI: HSBC cuts target price to EUR 8.5 from EUR 9

* NN Group NV NN.AS: JP Morgan raises target price to EUR 50 from EUR 45

* Orior AG ORON.S: Baader Helvea cuts target price to CHF 59 from CHF 68

* OSB Group OSBO.L: RBC cuts target price to 650p from 700p

* Oxford Nanopore Technologies Plc ONT.L: Berenberg cuts target price to 350p from 381p

* Pagegroup PAGE.L: RBC cuts target price to 545p from 550p

* Persimmon PSN.L: Barclays cuts target price to 1414p from 1454p

* Persimmon PSN.L: Peel Hunt cuts target price to 1180p from 1210p

* Pharming Group PHAR.AS: Portzamparc raises PT to EUR 2.1 from EUR 1.8; rating "buy"

* Poste Italiane PST.MI: Deutsche Bank raises target price to EUR 12.7 from EUR 12

* Poste Italiane PST.MI: Deutsche Bank raises to buy from hold

* Rathbones Group RAT.L: Peel Hunt cuts target price to 2225p from 2360p

* Restore Plc RSTP.L: Peel Hunt raises to buy from hold; raises PT to 265p from 222p

* Revenio Group Oyj REG1V.HE: RBC initiates coverage with outperform rating; PT EUR 32

* Rightmove RMV.L: Citigroup raises target price to 505p from 500p

* Sandoz Group AG SDZ.S: Stifel raises target price to CHF 42 from CHF 40

* Sanofi SASY.PA: Stifel raises target price to EUR 109 from EUR 95

* Scout24 SE G24n.DE: Citigroup raises target price to EUR 81.3 from EUR 77

* Sensirion Holding AG SENSI.S: JP Morgan cuts target price to CHF 78 from CHF 82

* Serica Energy Plc SQZ.L: Peel Hunt raises target price to 347p from 322p

* SES SA SESFd.PA: Berenberg cuts target price to EUR 6.8 from EUR 7.2

* SES SA SESFd.PA: Berenberg cuts to hold from buy

* Swiss Re AG SRENH.S: Citigroup raises target price to CHF 129.2 from CHF 118.3

* Tecan TECN.S: Deutsche Bank raises target price to CHF 418 from CHF 372

* Tecan Group AG TECN.S: Morgan Stanley raises target price to CHF 332 from CHF 311

* Trainline TRNT.L: JP Morgan raises target price to 359p from 350p

* Victoria Plc VCP.L: Berenberg cuts target price to 300p from 600p

* Vienna Insurance Group VIGR.VI: HSBC raises target price to EUR 34 from EUR 31

* Vinci SGEF.PA: Exane BNP Paribas cuts to neutral from outperform

* Vistry Group Plc VTYV.L: HSBC raises target price to 1315p from 1150p

* Vistry Group Plc VTYV.L: Peel Hunt raises target price to 1320p from 1300p

* Yara YAR.OL: Berenberg cuts target price to NOK 356 from NOK 394

* Zalando SE ZALG.DE: Barclays raises target price to EUR 22 from EUR 21


(Compiled by Bengaluru Newsroom)

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.