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BROKER RATINGS SUMMARY: JPMorgan, UBS And Barclays Like Ibstock

Wed, 02nd Dec 2015 09:36

LONDON (Alliance News) - The following shares received analyst recommendations Wednesday morning and Tuesday:
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FTSE 100
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JEFFERIES RAISES ROYAL MAIL PRICE TARGET TO 400 (360) PENCE - 'UNDERPERFORM'
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JEFFERIES RAISES INMARSAT PRICE TARGET TO 1245 (1150) PENCE - 'BUY'
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Investec Cuts Dixons Carphone To Add From Buy, Keeps Target At 510p
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NOMURA RAISES INTERNATIONAL AIRLINES GROUP PRICE TARGET TO 800 (750) PENCE - 'BUY'
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JPMORGAN RAISES MERLIN PRICE TARGET TO 450 (430) PENCE - 'NEUTRAL'
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MORGAN STANLEY RAISES GLAXOSMITHKLINE PRICE TARGET TO 1450 (1350) PENCE - 'EQUAL-WEIGHT'
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MORGAN STANLEY RAISES ASTRAZENECA TO 'OVERWEIGHT' ('UNDERWEIGHT') - PRICE TARGET 5300 (4300) PENCE
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GOLDMAN CUTS BHP BILLITON PRICE TARGET TO 925 (950) PENCE - 'NEUTRAL'
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FTSE 250
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N+1 Singer Ups Greene King To Buy From Hold, Target At 900p
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Societe Generale Lifts Croda International Target To 3,300p From 3,050p, Keeps Buy
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JEFFERIES RAISES SSP GROUP PRICE TARGET TO 315 (290) PENCE - 'HOLD'
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BARCLAYS CUTS DRAX GROUP PRICE TARGET TO 320 (380) PENCE - 'OVERWEIGHT'
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GOLDMAN RAISES DRAX GROUP PRICE TARGET TO 245 (200) PENCE - 'SELL'
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MORGAN STANLEY CUTS INDIVIOR PRICE TARGET TO 225 (265) PENCE - 'EQUAL-WEIGHT'
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MORGAN STANLEY CUTS FIRSTGROUP PRICE TARGET TO 125 (135) - 'EQUAL-WEIGHT'
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HSBC INITIATES BODYCOTE WITH 'BUY' - TARGET 675 PENCE
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RBC CAPITAL MARKETS CUTS TELECITY GROUP TO 'SECTOR PERFORM' FROM 'OUTPERFORM'
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MORGAN STANLEY CUTS NATIONAL EXPRESS TO 'EQUAL-WEIGHT' ('OW') - TARGET 350P
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MORGAN STANLEY CUTS STAGECOACH PRICE TARGET TO 440 (450) PENCE - 'OVERWEIGHT'
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MAIN MARKET AND AIM
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JPMORGAN CUTS LAMPRELL PRICE TARGET TO 131 (156) PENCE - 'OVERWEIGHT'
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JPMORGAN INITIATES IBSTOCK WITH 'OVERWEIGHT' - TARGET 240 PENCE
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UBS INITIATES IBSTOCK WITH 'BUY' - TARGET 235 PENCE
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BARCLAYS INITIATES IBSTOCK WITH 'OVERWEIGHT' - TARGET 250 PENCE
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2015 Alliance News Limited. All Rights Reserved

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CORRECTED-UPDATE 2-Pub firm Greene King expects to win market share post-Brexit

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Greene King FY profit up 52%, but warns on Brexit impact

(ShareCast News) - Pub group Greene King reported a surge in full-year profit and revenue, partly thanks to its acquisition of Spirit Pub Company, but cautioned that Brexit was likely to hit consumer confidence in the near term. For the 52 weeks to 1 May, adjusted pre-tax profit rose 52.2% to £256.5

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'Casual dining' restaurants suffer but pubs bubble up, Coffer Peach finds

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Pubs suffer tough April as restaurants enjoy further growth

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Pub and restaurant sales fall flat in February, Peach Tracker finds

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