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JPM sees slacking short-term gains for European hotels; Whitbread top pick

BUZZ-JPM sees slacking short-term gains for European hotels; Whitbread top pick ** J.P.Morgan says it finds the short-term risk/reward in the hotel sector less attractive as demand returns to normal levels ** Whitbread WTB.L ("overweight") is JPM's top pick in the long term, as its resilient RevPAR, sustained margin and return profile along with fu
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MS picks European travel and leisure stocks for Q4, ups Edenred

BUZZ-MS picks European travel and leisure stocks for Q4, ups Edenred ** Morgan Stanley says there are reasons to be "cheerful" on demand as it names its top picks for Q4 among European travel and leisure stocks ** It notes strong summer hotel data in Europe, normalising hotel data in the U.S. and roboust corporate demand ** "If anything, the consum
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Air Liquide, Novo Nordisk, Syensqo

EUROPE RESEARCH ROUNDUP- Air Liquide, Novo Nordisk, Syensqo Sept 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Air Liquide, Novo Nordisk and Syensqo, on Thursday. HIGHLIGHTS * Air Liquide AIRP.PA : Morgan Stanley cuts to underweight from equal-weight * Lanxess AG LXSG.DE : Morgan Stanley raises to overweight from underweight * Novo Nordisk NOVOb.CO : JP Morgan raises target price to DKK 1050 from DKK 950 * Swiss Life Holding AG
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Accor: EUR 352.3 Mln Bonds Tendered To Offer

BRIEF-Accor: EUR 352.3 Mln Bonds Tendered To Offer Sept 5 (Reuters) - Accor SA ACCP.PA : COMPLETES THE PARTIAL REFINANCING OF ITS HYBRID CAPITAL COMPLETES TENDER OFFER WITH €352.3 MILLION OF BONDS TENDERED (70.46%) Source text: https://tinyurl.com/5ch85dr5 Further company coverage: ACCP.PA (Gdansk Newsroom)
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Accor Announces EUR 500 MLN Hybrid Bond Refinancing Transaction

BRIEF-Accor Announces EUR 500 MLN Hybrid Bond Refinancing Transaction Aug 28 (Reuters) - Accor SA ACCP.PA : ANNOUNCES A HYBRID BOND REFINANCING TRANSACTION RATE BONDS FOR AN EXPECTED AMOUNT OF EUR 500 MILLION NEW HYBRID BONDS ARE SCHEDULED TO BE ADMITTED TO TRADING ON EURONEXT PARIS TENDER OFFER WILL COMMENCE ON AUG 28 AND EXPIRE AT 5:00 P.M., PARI
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Admiral Group, IAG, Keller Group

EUROPE RESEARCH ROUNDUP- Admiral Group, IAG, Keller Group Aug 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral Group, IAG and Keller Group, on Wednesday. HIGHLIGHTS * Admiral Group Plc ADML.L : HSBC raises target price to 2700p from 2625p * IAG ICAG.L : Citigroup raises target price to 245p from 225p * Keller Group Plc KLR.L : Deutsche Bank raises target price to 1800p from 1550p * OCI NV OCI.AS : JP Morgan raises to overw
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Paris hotel operators cut prices in last-ditch attempt to lure Olympics travelers

UPDATE 1-Paris hotel operators cut prices in last-ditch attempt to lure Olympics travelers Adds traveler quote in paragraph 4 and data from KAYAK in 5 By Doyinsola Oladipo NEW YORK, July 30 (Reuters) - With the Olympics underway in Paris, hotel operators made a final push to lure last-minute travelers, lowering prices and dropping minimum stay requirements after some people balked at what they saw as price-gouging prior to the games.
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Paris hotel operators cut prices in last-ditch attempt to lure Olympics travelers

REFILE-Paris hotel operators cut prices in last-ditch attempt to lure Olympics travelers Corrects dateline to July 30 By Doyinsola Oladipo NEW YORK, July 30 (Reuters) - With the Olympics underway in Paris, hotel operators made a final push to lure last-minute travelers, lowering prices and dropping minimum stay requirements after some people balked at what they saw as price-gouging prior to the games.
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Euronext, Pearson, Saint-Gobain

EUROPE RESEARCH ROUNDUP- Euronext, Pearson, Saint-Gobain July 30 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Euronext, Pearson and Saint-Gobain on Tuesday. HIGHLIGHTS * Adyen NV ADYEN.AS : HSBC cuts target price to EUR 1600 from EUR 1900 * Deutsche Boerse AG DB1Gn.DE : JP Morgan raises target price to EUR 198 from EUR 194 * Euronext NV ENX.PA : JP Morgan cuts target price to EUR 107 from EUR 108 * Pearson PSON.L : JP Morgan cut
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Blaze in Canadian tourist town still out of control but rain helping firefighters

UPDATE 3-Blaze in Canadian tourist town still out of control but rain helping firefighters Adds comments from mayor in paragraph 7, business owner in 9 and 10, details on tourism impact in 11 By David Ljunggren and Anna Mehler Paperny July 26 (Reuters) - A massive wildfire that destroyed about a third of the western Canadian tourist town of Jasper is still out of control but rain and cooler conditions are helping firefighters, authorities said on Friday.
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Rain may help firefighters battling blaze in Canadian tourist town

Rain may help firefighters battling blaze in Canadian tourist town By David Ljunggren OTTAWA, July 26 (Reuters) - Steady rain is likely to help firefighters working to contain a massive wildfire that has devastated parts of the western Canadian tourist town of Jasper, authorities said on Friday. Jasper is in the middle of mountainous Jasper National Park in the province of Alberta.
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Greencore, UCB, Unilever

EUROPE RESEARCH ROUNDUP-Greencore, UCB, Unilever July 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Greencore, UCB, and Unilever, on Friday. HIGHLIGHTS * Greencore GNC.L : HSBC raises target price to 190p from 160p * Lonza Group AG LONN.S : JP Morgan raises target price to CHF 645 from CHF 600 * Sartorius Stedim Biotech STDM.PA : HSBC cuts target price to EUR 310 from EUR 360 * UCB SA UCB.BR : TD Cowen raises target price to E
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Devastating wildfire burns down part of western Canadian tourist town

UPDATE 4-Devastating wildfire burns down part of western Canadian tourist town Adds Trudeau convening an emergency meeting in paragraphs 17-18 By David Ljunggren and Nia Williams July 25 (Reuters) - A raging wildfire has devastated the western Canadian tourist town of Jasper, potentially destroying up to 50% of structures, and firefighters were trying Thursday to save as many buildings as possible, authorities said.
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Accor says positive travel trends to drive 4-5% room revenue growth in 2024

UPDATE 2-Accor says positive travel trends to drive 4-5% room revenue growth in 2024 Sees 4-5% growth in 2024 RevPAR Expects FY core profit to grow 9-12% H1 EBITDA up 13% y/y to 504 mln euros Adds CFO quotes in paragraphs 5-6,9, sector trends in paragraphs 2,8 By Mateusz Rabiega and Charlotte Eugenie Yvette Bawol July 25 (Reuters) - Europe's biggest hotel group Accor ACCP.PA said on Thursday it expects its revenue per available room (RevPAR) to grow faster than its medium-term target this year,
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Accor Eyes 2024 RevPAR Growth Of Between 4% And 5%

BRIEF-Accor Eyes 2024 RevPAR Growth Of Between 4% And 5% July 25 (Reuters) - Accor SA ACCP.PA : H1 REVPAR +6% VERSUS +6.1% IN COMPANY CONSENSUS H1 EBITDA UP 13% TO EUR 504 MILLION VERSUS EUR 492 MILLION IN COMPANY CONSENSUS H1 REVENUE UP 11% TO EUR 2.68 BILLION OUTLOOK FY 2024: EBITDA OF BETWEEN EUR 1,095 MILLION AND EUR 1,125 MILLION OUTLOOK FY 20
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Accor sees annual RevPAR growth of 4-5%, above mid-term target

Accor sees annual RevPAR growth of 4-5%, above mid-term target July 25 (Reuters) - Europe's biggest hotel group Accor ACCP.PA forecast annual revenue per available room (RevPAR) growth ahead of its mid-term target on Thursday, after it posted a 13% rise in core profit for the first half of the year. The operator of brands such as Ibis and Novotel expects its RevPAR, a key industry gauge of performance for the hotel industry, to grow by 4-5% this year, compared with its medium term target for ann
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Kylian Mbappe teams up with Accor for youth accommodation support

Kylian Mbappe teams up with Accor for youth accommodation support July 22 (Reuters) - French soccer star Kylian Mbappe and Europe's biggest hotel group Accor have entered into a partnership to offer accommodation support for young people, they said on Monday. The collaboration will provide accommodation and logistical assistance for the youths supported by Mbappe's charity "Inspired by KM" via Accor's distribution platform All.com.
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France corporate earnings week ahead

DIARY-France corporate earnings week ahead July 19 (Reuters) - Diary of France (.FCHI) corporate earnings for the week ahead FRANCE EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 23-Jul-2024 AMC LVMH.PA LVMH Moet Hennessy Louis Vuitton SE Half Year 2024 LVMH Moet Hennessy Louis Vuitton SE Earnings Release 23-Jul-2024 BMO EDEN.PA Edenred SE Half Year 2024 Edenred SE Earnings Release 23-Jul-2024 05:00 TCFP.PA Thales SA Half Year 2024 Thales SA Earnings Release 24-Jul-2024 AMC CAR
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Diageo, Publicis, Wolters Kluwer NV

EUROPE RESEARCH ROUNDUP-Diageo, Publicis, Wolters Kluwer NV July 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Diageo, Publicis and Wolters Kluwer NV, on Thursday. HIGHLIGHTS * Diageo DGE.L : HSBC cuts target price to 3,300p from 3,500p * Mfe-Mediaforeurope NV MFEB.MI : JP Morgan raises to overweight from neutral * Prosiebensat 1 Media SE PSMGn.DE : JP Morgan raises to overweight from neutral * Publicis PUBP.PA : JP Morgan cuts
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Adyen, AstraZeneca, Auto Trader

EUROPE RESEARCH ROUNDUP-Adyen, AstraZeneca, Auto Trader July 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adyen, AstraZeneca and Auto Trader, on Tuesday. HIGHLIGHTS * Adyen NV ADYEN.AS : Jefferies cuts target price to EUR 1,695 from EUR 1,821 * AstraZeneca AZN.L : Jefferies raises target price to 11,700p from 11,300p * Auto Trader AUTOA.L : Jefferies raises target price to 935p from 830p * Halma HLMA.L : HSBC raises target pri
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