Global Blue-Chip Stocks Receive Analyst Recommendations

Strategic Insights -

Stock analysts around the world have been weighing in with their expectations for leading global companies, ranging from consumer goods to healthcare and finance. Thursday morning and Wednesday afternoon saw a flurry of analyst recommendations, with some firms increasing their price targets for specific stocks.

Air Liquide received upgraded price targets from several analysts, with Bernstein lowering its target to 168 euros, citing 'outperform', while Citigroup and LBBW increased their targets to 158 and 146 euros, respectively. ArcelorMittal's price target was raised by Commerzbank to 22 euros.

RBC and Jefferies also made significant changes to their price targets for EssilorLuxottica, which was raised to 128 euros and 146 euros, respectively. Nokia received a price target increase from Credit Suisse to 3.40 euros, and Deutsche Bank initiated coverage with a 'buy' rating and a price target of 108 euros for Airbus.

In the healthcare sector, Goldman Sachs raised its price targets for Roche, Novo Nordisk, and Smith & Nephew, while UBS raised its price target for Novo Nordisk.

Key Takeaways:

  • Bernstein cut its price target for Air Liquide to 168 EUR with an 'outperform' rating.
  • Citigroup raised its price target for Air Liquide to 158 EUR with a 'buy' rating.
  • LBBW raised its price target for Air Liquide to 146 EUR with a 'hold' rating.
  • Commerzbank raised its price target for ArcelorMittal to 22 EUR with a 'hold' rating.
  • RBC raised its price target for EssilorLuxottica to 128 EUR with a 'hold' rating.
  • Jefferies raised its price target for EssilorLuxottica to 146 EUR with an 'outperform' rating.
  • Goldman Sachs bought Roche, raising its price target to 441 CHF.
  • Goldman Sachs bought Novo Nordisk, raising its price target to 517 DKK.
  • Goldman Sachs bought Smith & Nephew, raising its price target to 1535 pence.
  • UBS raised its price target for Novo Nordisk to 425 DKK with a 'neutral' rating.
  • Credit Suisse increased its price target for Nokia to 3.40 EUR.
  • Deutsche Bank initiated coverage of Airbus with a 'buy' rating and a price target of 108 EUR.

Statistics:

  • Bernstein's price target for Air Liquide was lowered to 168 EUR with an 'outperform' rating.
  • Citigroup raised its price target for Air Liquide to 158 EUR with a 'buy' rating.
  • LBBW raised its price target for Air Liquide to 146 EUR with a 'hold' rating.
  • Commerzbank raised its price target for ArcelorMittal to 22 EUR with a 'hold' rating.
  • RBC raised its price target for EssilorLuxottica to 128 EUR with a 'hold' rating.
  • Jefferies raised its price target for EssilorLuxottica to 146 EUR with an 'outperform' rating.
  • Goldman Sachs bought Roche, raising its price target to 441 CHF.
  • Goldman Sachs bought Novo Nordisk, raising its price target to 517 DKK.
  • Goldman Sachs bought Smith & Nephew, raising its price target to 1535 pence.
  • UBS raised its price target for Novo Nordisk to 425 DKK with a 'neutral' rating.
  • Credit Suisse increased its price target for Nokia to 3.40 EUR.
  • Deutsche Bank initiated coverage of Airbus with a 'buy' rating and a price target of 108 EUR.

Sources:

  • Bernstein
  • Citigroup
  • LBBW
  • Commerzbank
  • RBC
  • Jefferies
  • Goldman Sachs
  • UBS
  • Credit Suisse
  • Deutsche Bank
  • Alliance News Limited