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LONDON BROKER RATINGS: Barclays starts Rolls-Royce with 'overweight'

Wed, 30th Nov 2022 09:55

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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Bank of America raises Rolls-Royce price target to 90 (78) pence - 'underperform'

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Barclays starts Rolls-Royce with 'overweight' - price target 110 pence

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Bank of America raises Melrose Industries price target to 140 (138) pence - 'neutral'

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Exane BNP raises Melrose Industries to 'outperform' (neutral)

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Bank of America raises BAE Systems to 'buy' (neutral) - price target 900 (920) pence

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Exane BNP cuts Smiths Group to 'neutral' (outperform)

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Jefferies adds Rio Tinto to 'franchise picks list'

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Jefferies raises Rio Tinto price target to 6,700 (6,600) pence - 'buy'

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Jefferies raises Antofagasta price target to 1,650 (1,450) pence - 'buy'

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Jefferies raises Anglo American price target to 4,000 (3,700) pence - 'buy'

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Jefferies raises Glencore price target to 700 (625) pence - 'buy'

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UBS cuts Vodafone price target to 120 (129) pence - 'buy'

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Credit Suisse raises United Utilities target to 990 (980) pence - 'neutral'

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JPMorgan raises Flutter Entertainment price target to 16,100 (14,800) pence - 'overweight'

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JPMorgan raises Entain price target to 2,270 (2,050) pence - 'overweight'

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FTSE 250

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Credit Suisse cuts Asos to 'neutral' (outperform) - price target 660 (1,250) pence

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UBS cuts Asos price target to 660 (1,250) pence - 'neutral'

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UBS cuts Petershill Partners price target to 280 (310) pence - 'buy'

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Bank of America raises abrdn price target to 175 (155) pence - 'underperform'

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Berenberg cuts John Wood Group price target to 165 (180) pence - 'buy'

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HSBC raises easyJet price target to 440 (380) pence - 'hold'

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Bernstein cuts easyJet price target to 700 (750) pence - 'outperform'

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Barclays cuts Hammerson price target to 25 (26) pence - 'underweight'

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Barclays cuts Grainger price target to 250 (272) pence - 'equal weight'

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JPMorgan cuts 888 Holdings price target to 140 (195) pence - 'neutral'

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Jefferies raises Mitie price target to 110 (99) pence - 'buy'

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SMALL CAP

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Credit Suisse raises Wise price target to 500 (470) pence - 'neutral'

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Bank of America raises Senior price target to 120 (114) pence - 'underperform'

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HSBC cuts Greencore price target to 75 (80) pence - 'hold'

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Berenberg raises Treatt price target to 780 (680) pence - 'buy'

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Jefferies raises BHP price target to 3,100 (3,000) pence - 'buy'

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Barclays raises NewRiver REIT to 'overweight' (equal weight) - price target 90 (85) pence

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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Canaccord Genuity lowers target price on 888 Holdings

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on bookmaker 888 Holdings from 430.0p to 355.0p on Tuesday following the group's third-quarter trading update.

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18 Oct 2022 09:42

888 quarterly revenue hit by stricter UK gambling laws

(Alliance News) - 888 Holdings PLC on Tuesday reported a fall in revenue amid enhanced UK gambling laws and the closure of its Dutch business.

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(Alliance News) - Stocks in Europe made a confident start to Tuesday, while sentiment in London continued to be supported by a reversal of a number of mini-budget measures, as well as reports of a delay to a planned Bank of England bond-buying programme.

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888 Holdings Q3 revenues slip 7% YOY

(Sharecast News) - Bookmaker 888 Holdings said on Tuesday that group revenues had slipped 7% year-on-year to £449.0m in the three months ended 30 September, primarily due to enhanced UK online player safety measures and the shuttering of its Dutch operations.

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(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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