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BROKER RATINGS: HSBC cuts Burberry; Deutsche raises Travis Perkins

Wed, 23rd Jun 2021 09:31

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

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FTSE 100

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JPMORGAN RAISES DS SMITH PRICE TARGET TO 557 (509) PENCE - 'OVERWEIGHT'

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UBS RAISES DS SMITH PRICE TARGET TO 414 (410) PENCE - 'NEUTRAL'

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MORGAN STANLEY CUTS GLENCORE TO 'EQUAL-WEIGHT' ('OVERWEIGHT') - TARGET 334 (307) PENCE

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MORGAN STANLEY RAISES ANGLO AMERICAN TARGET TO 3,670 (3,500) PENCE - 'OVERWEIGHT'

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MORGAN STANLEY CUTS FRESNILLO TARGET TO 890 (1,040) PENCE - 'EQUAL-WEIGHT'

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MORGAN STANLEY RAISES RIO TINTO TARGET TO 6,600 (5,770) PENCE - 'EQUAL-WEIGHT'

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MORGAN STANLEY RAISES BHP GROUP TO 'OVERWEIGHT' (EQUAL-WEIGHT)

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SOCGEN RAISES ROYAL DUTCH SHELL A TO 'BUY' (HOLD) - PRICE TARGET 19.90 (19) EUR

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MORGAN STANLEY RAISES NATIONAL GRID PRICE TARGET TO 1,050 (1,000) PENCE - 'OVERWEIGHT'

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JPMORGAN RAISES MELROSE PRICE TARGET TO 235 (230) PENCE - 'OVERWEIGHT'

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JEFFERIES RAISES SMITH & NEPHEW PRICE TARGET TO 1,800 (1,700) PENCE - 'BUY'

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JPMORGAN RAISES RELX PRICE TARGET TO 2,050 (2,026) PENCE - 'OVERWEIGHT'

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CREDIT SUISSE RAISES LLOYDS PRICE TARGET TO 60 (58) PENCE - 'OUTPERFORM'

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CREDIT SUISSE RAISES NATWEST TARGET TO 260 (247) PENCE - 'OUTPERFORM'

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BARCLAYS RAISES BT GROUP PRICE TARGET TO 260 (220) PENCE - 'OVERWEIGHT'

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UBS RAISES BURBERRY PRICE TARGET TO 1,861 (1,525) PENCE - 'SELL'

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HSBC CUTS BURBERRY TO 'HOLD' ('BUY')

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FTSE 250

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DEUTSCHE BANK RAISES TRAVIS PERKINS TO 'BUY' (HOLD) - TARGET 2,056 (1,707) PENCE

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LIBERUM RAISES TRAVIS PERKINS PRICE TARGET TO 1,900 (1,809) PENCE - 'BUY'

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JEFFERIES RAISES TRAVIS PERKINS PRICE TARGET TO 2,150 (1,906) PENCE - 'BUY'

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CITIGROUP RAISES TRAVIS PERKINS PRICE TARGET TO 1,900 (1,760) PENCE - 'BUY'

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RBC RAISES TRAVIS PERKINS PRICE TARGET TO 2,100 (1,950) PENCE - 'OUTPERFORM'

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BERENBERG INITIATES SPIRENT WITH 'BUY' - TARGET 310 PENCE

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HSBC RAISES IMI TO 'BUY' ('HOLD')

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JPMORGAN CUTS WOOD GROUP PRICE TARGET TO 350 (390) PENCE - 'OVERWEIGHT'

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JEFFERIES RAISES INCHCAPE PRICE TARGET TO 910 (890) PENCE - 'BUY'

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GOLDMAN CUTS ASTON MARTIN PRICE TARGET TO 1,966 (1,982) PENCE - 'NEUTRAL'

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OTHER MAIN MARKET AND AIM

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BERENBERG INITIATES VP WITH 'BUY' - TARGET 1,310 PENCE

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BERENBERG RAISES ABCAM PRICE TARGET TO 1,350 (1,300) PENCE - 'HOLD'

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JPMORGAN RAISES HUNTING TO 'OVERWEIGHT' ('NEUTRAL') - TARGET 290 (250) PENCE

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Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
31 Jul 2018 15:42

Berenberg changes mind on Abcam, reinstating 'buy' rating

(Sharecast News) - Analysts at Berenberg on Tuesday upgraded their rating for shares of Abcam from 'Hold' to 'Buy' after having downgraded shares of the antibodies supplier just three months ago.

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31 Jul 2018 13:26

Tuesday broker round-up

(Sharecast News) - Abcam: Berenberg upgrades to buy with a target price of 1,640p.

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18 Jun 2018 16:22

Abcam Appoints Former Celltech CFO As Non-Executive Chairman

LONDON (Alliance News) - Life sciences company Abcam PLC said Monday it has appointed the former chief financial officer of Celtech Group PLC as a non-executive chairman.Peter Allen is a at

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9 May 2018 16:16

UPDATE: Horizon Discovery Outlook Strong In Face Of Abcam Pull-Out

LONDON (Alliance News) - Horizon Discovery Group PLC on Wednesday noted Abcam PLC's statement earlier in the day it will not be making an offer for Horizon.The gene modulation company a

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9 May 2018 12:33

Abcam Decides Not To Make An Offer For Horizon Discovery Group

LONDON (Alliance News) - Abcam PLC on Wednesday said it has ended plans to make an offer for Horizon Discovery Group PLC following the latter's release of its annual results and a management a

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2 May 2018 18:25

Horizon Discovery Confirms Rejected "Unsolicited" Abcam Proposal

LONDON (Alliance News) - Genomics firm Horizon Discovery Group PLC on Wednesday confirmed it had rejected an unsolicited and "highly conditional" proposal from Abcam PLC.The life

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2 May 2018 16:41

Horizon Discovery Rejects GBP270.0 Million Proposal From Abcam

LONDON (Alliance News) - Abcam PLC on Wednesday said gene editing company Horizon Discovery Group PLC has rejected its acquisition proposal.The life science e-commerce company said it a for

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15 Mar 2018 09:53

BROKER RATINGS SUMMARY: Barclays Reviews Banks, Goldman Property Firms

LONDON (Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:----------FTSE WITH

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7 Mar 2018 15:23

FDA head Gottlieb criticizes industry for "Kabuki drug-pricing"

WASHINGTON, March 7 (Reuters) - U.S. Food and Drug Administrator Scott Gottlieb on Wednesday criticized drugmakers, pharmacy benefit managers and health a

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11 Jan 2017 09:36

BROKER RATINGS SUMMARY: Morgan Stanley Upgrades BT To Overweight

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10 Jan 2017 10:30

Abcam's revenue to be ahead of expectations

(ShareCast News) - Cambridge-based life science company Abcam said it anticipates revenue will continue to grow in the second half of the year, ahead of expectations. The AIM-listed company company expects revenue to grow 10% on a constant currency basis and 30% on a reported basis as it is on track

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24 Oct 2016 10:28

Abcam commits to massive new Cambridge headquarters

(ShareCast News) - Life science research tools supplier Abcam announced on Monday that it has committed to the lease of a new facility for its global headquarters at the Biomedical Campus in Cambridge, subject to the grant of full planning approval. The AIM-traded firm said the purpose-built facilit

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28 Sep 2016 11:29

DIRECTOR DEALINGS: Abcam COO Donates 62,000 Shares to Charity

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12 Sep 2016 10:40

Abcam earnings dip slightly in year of investment

(ShareCast News) - Life science research tool supplier Abcam announced its preliminary results for the year to 30 June on Monday, with catalogue revenue increasing by 17.4% on a reported basis to £159.0m. The AIM-traded firm said at constant exchange rates the increase was 14.4%. Total revenue incr

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2 Sep 2016 10:21

Abcam to place shares on AIM to pay vendors following acquisition

(ShareCast News) - Life science company Abcam is to pay the first performance-based payment of $5.2m for its acquisition of AmioMx through a share placing on AIM, the London Stock Exchange's junior market. The Cambridge-based company bought AmioMx in November 2015 which included an agreement to make

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