LONDON BROKER RATINGS: Berenberg cuts Fresnillo; Citi cuts Babcock

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 Thursday morning and on Friday:

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FTSE 100

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Jefferies raises Rentokil Initial price target to 540 (475) pence - ’buy’

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Jefferies cuts Beazley to ’hold’ (buy) - price target 1,310 (982) pence

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Berenberg raises Phoenix Group price target to 918 (852) pence - ’buy’

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Goldman Sachs raises Phoenix Group price target to 761 (752) pence - ’neutral’

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JPMorgan raises Phoenix Group price target to 620 (605) pence - ’underweight’

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JPMorgan raises HSBC price target to 1,190 (1,060) pence - ’neutral’

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JPMorgan raises Standard Chartered target to 2,170 (1,880) pence - ’overweight’

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Barclays raises Coca-Cola HBC price target to 4,900 (4,700) pence - ’overweight’

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Barclays raises Airtel Africa price target to 350 (330) pence - ’overweight’

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Berenberg cuts Fresnillo to ’hold’ (buy) - price target 3,800 (3,400) pence

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Bernstein raises National Grid price target to 1,420 (1,300) pence - ’outperform’

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Citigroup cuts Babcock International to ’neutral’ (buy) - price target 1,554 (1,338) pence

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Goldman Sachs raises GSK price target to 1,830 (1,740) pence - ’neutral’

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FTSE 250

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Citigroup raises B&M European Value Retail price target to 180 (165) pence - ’neutral’

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Barclays raises Watches of Switzerland target to 645 (640) pence - ’overweight’

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Goldman Sachs raises Watches of Switzerland price target to 590 (575) pence - ’buy’

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UBS cuts Watches of Switzerland price target to 540 (555) pence - ’neutral’

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SMALL CAP

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Berenberg cuts Kerry Group price target to 99 (107) EUR - ’buy’

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Deutsche Bank Research cuts YouGov price target to 370 (438) pence - ’buy’

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