LONDON BROKER RATINGS: Berenberg raises Babcock but cuts Chemring, BAE

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

The following London-listed shares received analyst recommendations Monday morning and on Friday:

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FTSE 100

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Citigroup cuts Glencore price target to 450 (460) pence - ’buy’

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Goldman Sachs raises Schroders price target to 345 (310) pence - ’sell’

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UBS raises Admiral price target to 3,700 (3,400) pence - ’buy’

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RBC raises Admiral price target to 3,800 (3,550) pence - ’outperform’

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Berenberg cuts BAE Systems to ’hold’ (buy) - price target 1,700 (1,440) pence

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Barclays raises Melrose Industries target to 730 (650) pence - ’overweight’

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Barclays cuts BT to ’underweight’ (equal weight) - price target 150 (190) pence

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RBC raises IAG price target to 440 (350) pence - ’outperform’

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DZ Bank raises Reckitt price target to 5,950 (5,800) pence - ’buy’

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Jefferies cuts InterContinental Hotels target to 9,300 (9,500) pence - ’hold’

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FTSE 250

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Citigroup raises Pennon to ’buy’ (neutral) - price target 497 pence

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Berenberg raises Quilter price target to 160 (145) pence - ’hold’

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Barclays raises Quilter price target to 145 (135) pence - ’underweight’

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Barclays raises aberdeen price target to 165 (135) pence - ’underweight’

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Goldman Sachs cuts Lancashire price target to 725 (780) pence - ’buy’

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JPMorgan cuts Spire Healthcare price target to 309 (321) pence - ’overweight’

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Barclays cuts Spire Healthcare price target to 270 (290) pence - ’overweight’

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Barclays cuts Travis Perkins price target to 870 (950) pence - ’overweight’

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Berenberg raises Qinetiq price target to 610 (500) pence - ’buy’

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Berenberg cuts Chemring to ’hold’ (buy) - price target 470 (460) pence

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Berenberg raises Babcock to ’buy’ (hold) - price target 885 (575) pence

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RBC cuts Ocado price target to 230 (280) pence - ’underperform’

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SMALL CAP AND OTHER MAIN MARKET

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RBC raises Alliance Pharma target to 64.75 (62.50) pence - ’sector perform’

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RBC cuts SIG price target to 16 (22) pence - ’sector perform’

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Goldman Sachs cuts Flutter price target to 25,200 (25,750) pence - ’buy’

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