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LONDON BROKER RATINGS: Upgrades for Royal Dutch Shell, BT and Petrofac

Tue, 09th Nov 2021 09:34

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

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FTSE 100

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HSBC RAISES ROYAL DUTCH SHELL TO 'BUY' ('HOLD')

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JPMORGAN CUTS DCC PRICE TARGET TO 7,640 (7,783) PENCE - 'OVERWEIGHT'

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DEUTSCHE BANK CUTS INTERNATIONAL CONSOLIDATED AIRLINES PRICE TARGET TO 230 (260) PENCE - 'BUY'

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DEUTSCHE BANK RAISES INTERCONTINENTAL HOTELS TARGET TO 5,700 (5,650) PENCE - 'BUY'

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GOLDMAN SACHS RAISES JD SPORTS FASHION PRICE TARGET TO 1,530 (1,420) PENCE - 'BUY'

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BERENBERG RAISES BT GROUP TO 'BUY' (HOLD) - PRICE TARGET 200 (175) PENCE

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CITIGROUP REINITIATES PRUDENTIAL WITH 'BUY' - PRICE TARGET 1,879 PENCE

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CREDIT SUISSE RAISES J SAINSBURY PRICE TARGET TO 290 (284) PENCE - 'NEUTRAL'

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JPMORGAN RAISES WPP PRICE TARGET TO 1,360 (1,330) PENCE - 'OVERWEIGHT'

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JPMORGAN RAISES POLYMETAL INTERNATIONAL PRICE TARGET TO 1,600 (1,450) PENCE - 'OVERWEIGHT'

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GOLDMAN SACHS CUTS POLYMETAL PRICE TARGET TO 1,690 (1,780) PENCE - 'BUY'

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FTSE 250

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UBS RAISES AIRTEL AFRICA PRICE TARGET TO 141 (127) PENCE - 'BUY'

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UBS CUTS FIRSTGROUP TO 'NEUTRAL' ('BUY') - TARGET 106 (100) PENCE

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RBC RAISES 3I INFRASTRUCTURE PRICE TARGET TO 360 (350) PENCE - 'OUTPERFORM'

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DEUTSCHE BANK RAISES VIRGIN MONEY PRICE TARGET TO 260 (255) PENCE - 'BUY'

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JPMORGAN CUTS CLARKSON TO 'NEUTRAL' ('OVERWEIGHT') - TARGET 4,302 (4,295) PENCE

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BERENBERG RAISES BIFFA PRICE TARGET TO 465 (370) PENCE - 'BUY'

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JEFFERIES RAISES ELECTROCOMPONENTS PRICE TARGET TO 1,500 (1,250) PENCE - 'BUY'

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OTHER MAIN MARKET AND AIM

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HSBC INITIATES CERES POWER WITH 'REDUCE' - TARGET 1,000 PENCE

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JEFFERIES STARTS CERES POWER WITH 'HOLD' - PRICE TARGET 1,150 PENCE

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JEFFERIES INITIATES ITM POWER WITH 'BUY' - TARGET 800 PENCE

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UBS RAISES BANK OF IRELAND PRICE TARGET TO 6.20 (6.10) EUR - 'BUY'

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DEUTSCHE BANK RAISES KINGSPAN GROUP PRICE TARGET TO 110 (94) EUR - 'HOLD'

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JPMORGAN RAISES KINGSPAN GROUP PRICE TARGET TO 91 (83) EUR - 'NEUTRAL'

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BERENBERG RAISES DALATA HOTEL PRICE TARGET TO 430 (410) PENCE - 'BUY'

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GOLDMAN SACHS RAISES RYANAIR PRICE TARGET TO 21 (19.20) EUR - 'BUY'

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BARCLAYS CUTS OLD MUTUAL PRICE TARGET TO 79 (87) PENCE - 'OVERWEIGHT'

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JEFFERIES RAISES PETROFAC TO 'BUY' ('HOLD') - TARGET 180 (200) PENCE

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Copyright 2021 Alliance News Limited. All Rights Reserved.

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29 Mar 2022 10:07

IN BRIEF: Polymetal looks to restructure following sanctions

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29 Mar 2022 07:20

Polymetal mulls split-off of Russian assets

(Sharecast News) - Polymetal International said it was considering changes to its corporate structure including "distinct ownership in various jurisdictions" where the company operates.

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23 Mar 2022 06:33

IN BRIEF: Polymetal hires investment banker Riccardo Orcel as chair

Polymetal International PLC - Jersey-registered precious metals miner in Russia and Khazakhstan - Hires Riccardo Orcel as independent non-executive chair, starting immediately. Orcel was managing director & vice chair and head of Global Banking at VTB Capital, a Russian investment bank. Prior to VTB, Orcel worked at Bank of America Merrill Lynch. Orcel's hire follows the resignation of six directors, including chair Ian Cockerill, following the imposition of Western sanctions against Russia. Polymetal previously had replaced four of the non-executive directors. Its board now consists of eight members, including six who are independent. Polymetal, a former FTSE 100 constituent, was removed from all FTSE Russell indices on Monday, due to insufficient trading liquidity.

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22 Mar 2022 12:38

Polymetal appoints Riccardo Orcel as chair

(Sharecast News) - Anglo-Russian precious metals miner Polymetal has appointed Riccardo Orcel, former head of global banking at VTC Capital, as its new chair.

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18 Mar 2022 14:15

EXECUTIVE CHANGES: Polymetal adds 4 directors to replace 6 departures

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