LONDON BROKER RATINGS: RBC cuts National Grid; Citigroup cuts South32

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 Wednesday morning and on Tuesday:

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FTSE 100

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Goldman Sachs raises AstraZeneca price target to 14,524 (14,482) pence - ’buy’

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Berenberg cuts InterContinental Hotels target to 9,200 (9,700) pence - ’hold’

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BofA raises Relx price target to 4,900 (4,800) pence - ’buy’

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Goldman Sachs raises Hiscox price target to 1,282 (1,180) pence - ’neutral’

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RBC raises Severn Trent price target to 2,850 (2,750) pence - ’sector perform’

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RBC cuts National Grid to ’sector perform’ (outperform)

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UBS raises easyJet price target to 775 (770) pence - ’buy’

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FTSE 250

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BofA cuts Tate & Lyle price target to 760 (790) pence - ’buy’

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Jefferies raises Pets At Home price target to 340 (325) pence - ’buy’

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UBS raises Investec price target to 710 (670) pence - ’buy’

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RBC cuts Close Brothers price target to 385 (400) pence - ’outperform’

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JPMorgan cuts Petershill Partners price target to 298 (310) pence - ’overweight’

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Jefferies raises Chemring Group price target to 530 (500) pence - ’buy’

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Berenberg raises Serco Group price target to 220 (200) pence - ’buy’

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Jefferies raises Elementis price target to 180 (175) pence - ’buy’

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SMALL CAP

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Citigroup cuts South32 to ’neutral’ (buy) - price target 160 (185) pence

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Berenberg cuts Angle price target to 30 (40) pence - ’buy’

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