Europe research roundup: ABN Amro Bank, Kingfisher, Vodafone
VOD•Analysts raised ABN Amro Bank’s target to 47 euros from 45.8 euros, Kingfisher’s to 370 pence from 350 pence and Vodafone’s to 140 pence from 123 pence; UBS upgraded Fortum to neutral from sell, and Kepler Cheuvreux upgraded Hensoldt to buy from hold.
1. Analyst actions
Analysts revised ratings and price targets on several European companies. JP Morgan raised its target for ABN Amro Bank to 47 euros from 45.8 euros; Peel Hunt raised Kingfisher’s target to 370 pence from 350 pence; and Berenberg raised Vodafone’s target to 140 pence from 123 pence. UBS upgraded Fortum to neutral from sell, while Kepler Cheuvreux upgraded Hensoldt to buy from hold.
