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BROKER RATINGS: Goldman Sachs prefers Direct Line over Admiral

Tue, 29th Jun 2021 09:37

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

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FTSE 100

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MORGAN STANLEY CUTS UNITED UTILITIES TO 'UNDERWEIGHT' ('EQUAL WEIGHT') - TARGET 950 PENCE

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MORGAN STANLEY RAISES SEVERN TRENT TO 'OVERWEIGHT' ('EQUAL WEIGHT') - TARGET 2,770 PENCE

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GOLDMAN SACHS INITIATES ADMIRAL GROUP WITH 'SELL' - TARGET 2,870 PENCE

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UBS RAISES GLENCORE PRICE TARGET TO 350 (340) PENCE - 'BUY'

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UBS RAISES ANTOFAGASTA PRICE TARGET TO 1250 (1200) PENCE - 'SELL'

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DEUTSCHE BANK CUTS ANTOFAGASTA PRICE TARGET TO 1,300 (1,350) PENCE - 'SELL'

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GOLDMAN SACHS CUTS RECKITT BENCKISER PRICE TARGET TO 6,350 (6,400) PENCE - 'NEUTRAL'

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DEUTSCHE BANK RAISES RIO TINTO PRICE TARGET TO 6,600 (6,200) PENCE - 'HOLD'

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DEUTSCHE BANK RAISES BHP GROUP PRICE TARGET TO 2,400 (2,200) PENCE - 'HOLD'

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JEFFERIES RAISES ENTAIN PRICE TARGET TO 2,335 (1,850) PENCE - 'BUY'

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JEFFERIES RAISES FLUTTER ENTERTAINMENT PRICE TARGET TO 19,300 (18,700) PENCE - 'BUY'

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GOLDMAN SACHS RAISES BARCLAYS PRICE TARGET TO 260 (250) PENCE - 'BUY'

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JPMORGAN RAISES WPP PRICE TARGET TO 1,200 (1,160) PENCE - 'OVERWEIGHT'

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FTSE 250

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GOLDMAN SACHS INITIATES DIRECT LINE WITH 'BUY' - TARGET 380 PENCE

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LIBERUM CUTS NATIONAL EXPRESS PRICE TARGET TO 340 (385) PENCE - 'BUY'

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MORGAN STANLEY RAISES VICTREX TO 'EQUAL-WEIGHT' ('UNDERWEIGHT') - TARGET 2,230 (2,000) PENCE

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MORGAN STANLEY RAISES PENNON GROUP TARGET TO 1,130 (1,070) PENCE - 'EQUAL-WEIGHT'

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JEFFERIES RAISES GREGGS PRICE TARGET TO 3,350 (3,000) PENCE - 'BUY'

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BARCLAYS RESUMES IG GROUP WITH 'OVERWEIGHT' - TARGET 1,035 PENCE

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JEFFERIES CUTS MEDICLINIC INTERNATIONAL PRICE TARGET TO 345 (350) PENCE - 'BUY'

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JEFFERIES RAISES MEGGITT PRICE TARGET TO 575 (500) PENCE - 'BUY'

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OTHER MAIN MARKET AND AIM

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LIBERUM RAISES SUPERDRY PRICE TARGET TO 600 (400) PENCE - 'BUY'

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MORGAN STANLEY CUTS PETROFAC PRICE TARGET TO 132 (141) PENCE - 'EQUAL-WEIGHT'

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DEUTSCHE BANK CUTS SOUTH32 TO 'HOLD' ('BUY') - TARGET 180 (200) PENCE

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UBS RAISES SOUTH32 PRICE TARGET TO 190 (180) PENCE - 'BUY'

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HSBC RAISES STHREE PRICE TARGET TO 535 (490) PENCE - 'BUY'

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HSBC RAISES ROBERT WALTERS PRICE TARGET TO 820 (760) PENCE - 'BUY'

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Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
19 Oct 2021 07:17

Meggitt sees takeover completing in 2022 despite govt intervention

(Sharecast News) - UK aerospace and engineering firm Meggitt said it still expected its £6.3bn takeover by US rival Parker-Hannifin to complete next year despite a UK government intervention on national security grounds.

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18 Oct 2021 20:54

TOP NEWS: UK government to probe Meggitt takeover by Parker-Hannifin

TOP NEWS: UK government to probe Meggitt takeover by Parker-Hannifin

Read more
18 Oct 2021 17:37

UPDATE 2-UK intervenes in bid by U.S. aviation firm Parker for Meggitt

(Adds business minister and Parker-Hannifin comment)LONDON, Oct 18 (Reuters) - Britain said on Monday it was intervening in a proposed 6.3 billion-pound ($8.65 billion) takeover by U.S. engineering and aerospace firm Parker-Hannifin of its British...

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18 Oct 2021 17:37

UPDATE 1-UK intervenes in bid by U.S. aviation firm Parker for Meggitt

(Adds background)LONDON, Oct 18 (Reuters) - Britain said on Monday it was intervening in a proposed 6.3 billion-pound ($8.65 billion) takeover by U.S. engineering and aerospace firm Parker-Hannifin of its British rival Meggitt, citing national se...

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18 Oct 2021 17:10

UK issues intervention notice in Meggitt-Parker deal

LONDON, Oct 18 (Reuters) - Britain issued an intervention notice on a proposed deal between Meggitt and Parker-Hannifin on Monday, citing national security grounds."On 18 October 2021, acting on official advice, the Secretary of State issued a p...

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21 Sep 2021 19:42

TRADING UPDATES: Meggitt shareholders approve Parker-Hannifin takeover

TRADING UPDATES: Meggitt shareholders approve Parker-Hannifin takeover

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21 Sep 2021 16:02

Meggitt shareholders approve Parker-Hannifin offer

(Sharecast News) - Meggitt shareholders agreed for the company to be taken over by Parker-Hannifin, it was confirmed on Tuesday, after a majority of shareholders voted in favour of the US defence giant's takeover offer.

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20 Sep 2021 08:53

LONDON MARKET OPEN: FTSE 100 drops to two-month low; Prudential sinks

LONDON MARKET OPEN: FTSE 100 drops to two-month low; Prudential sinks

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20 Sep 2021 08:12

LONDON BRIEFING: Prudential to complete Asia pivot with share offer

LONDON BRIEFING: Prudential to complete Asia pivot with share offer

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14 Sep 2021 16:08

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

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8 Sep 2021 09:54

LONDON BROKER RATINGS: Bernstein starts Vodafone at Outperform

LONDON BROKER RATINGS: Bernstein starts Vodafone at Outperform

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7 Sep 2021 17:04

LONDON MARKET CLOSE: Stocks fall as investors eye ECB rate decision

LONDON MARKET CLOSE: Stocks fall as investors eye ECB rate decision

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7 Sep 2021 14:35

TOP NEWS: TransDigm puts brakes on Meggitt tilt, clearing Parker path

TOP NEWS: TransDigm puts brakes on Meggitt tilt, clearing Parker path

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7 Sep 2021 13:27

UPDATE 3-TransDigm ends $8.7 bln bid battle with Parker for UK's Meggitt

(Adds Meggitt statement)By Yadarisa ShabongSept 7 (Reuters) - Aerospace parts maker TransDigm bowed out of an $8.7 billion takeover battle with fellow U.S. bidder Parker-Hannifin for Britain's Meggitt on Tuesday, wiping as much as 14% off British ...

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7 Sep 2021 13:27

UPDATE 2-TransDigm ends $8.7 bln bid battle with Parker for UK's Meggitt

(Updates shares, adds detail and background)By Yadarisa ShabongSept 7 (Reuters) - Aerospace parts maker TransDigm bowed out of an $8.7 billion takeover battle with fellow U.S. bidder Parker-Hannifin for Britain's Meggitt on Tuesday, wiping as much...

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