LONDON BROKER RATINGS: Morgan Stanley cuts Mondi; BofA cuts Ashtead

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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Morgan Stanley raises Auto Trader to ’equal-weight’ (underweight) - price target 650 (710) pence

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Berenberg cuts Auto Trader price target to 665 (830) pence - ’hold’

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Morgan Stanley cuts Rightmove to ’underweight’ (equal weight) - price target 510 (815) pence

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Morgan Stanley cuts Beazley price target to 930 (960) pence - ’overweight’

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Morgan Stanley cuts M&G to ’equal-weight’ (overweight) - price target 285 (254) pence

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Exane BNP cuts Prudential to ’neutral’ (outperform)

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Morgan Stanley raises Prudential target to 1,270 (1,150) pence - ’overweight’

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Jefferies raises Anglo American price target to 3,700 (3,500) pence - ’buy’

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Jefferies raises Glencore price target to 550 (475) pence - ’buy’

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Jefferies raises Antofagasta price target to 3,600 (3,000) pence - ’hold’

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Citigroup starts Pearson with ’buy’ - price target 1,300 pence

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Citigroup starts Informa with ’neutral’ - price target 975 pence

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Citigroup starts Relx with ’neutral’ - price target 3325 pence

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UBS raises Sage Group to ’buy’ - price target 1,425 pence

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Morgan Stanley cuts Mondi to ’underweight’ - price target 800 pence

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Deutsche Bank Research cuts Haleon to ’sell’ - price target 340 pence

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Berenberg raises Babcock International target to 1,670 (1,440) pence - ’buy’

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JPMorgan raises BAE Systems price target to 2,400 (2,200) pence - ’overweight’

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Berenberg raises BAE Systems price target to 2,000 (1,850) pence - ’hold’

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Bernstein raises Next to ’outperform’ (market-perform) - price target 16,000 (11,500) pence

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Bernstein cuts AB Foods to ’market-perform’ (outperform) - price target 1,800 (3,100) pence

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RBC cuts AB Foods price target to 2,050 (2,400) pence - ’sector perform’

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Bernstein cuts JD Sports Fashion price target to 100 (160) pence - ’outperform’

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Bernstein raises Tesco price target to 490 (480) pence - ’outperform’

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RBC cuts Tesco price target to 440 (445) pence - ’sector perform’

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RBC cuts Sainsbury price target to 375 (380) pence - ’outperform’

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Citigroup cuts Sainsbury price target to 360 (366) pence - ’buy’

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Barclays raises Coca-Cola HBC price target to 4,700 (4,500) pence - ’overweight’

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Deutsche Bank Research cuts 3i Group price target to 4,200 (4,300) pence - ’buy’

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Deutsche Bank Research raises Weir Group price target to 3,280 (3,140) pence - ’buy’

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BofA cuts Ashtead Group to ’underperform’ (neutral) - price target 4,700 (4,900) pence

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FTSE 250

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Jefferies cuts Travis Perkins price target to 531 (535) pence - ’underperform’

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Citigroup starts WPP with ’neutral’ - price target 365 pence

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Berenberg cuts Chemring Group price target to 590 (630) pence - ’buy’

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JPMorgan raises Qinetiq price target to 565 (540) pence - ’overweight’

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SMALL CAP

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Berenberg raises Kistos price target to 285 (280) pence - ’buy’

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