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LONDON BROKER RATINGS: Bank of America cuts British Land and LandSec

Wed, 29th Jun 2022 09:47

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

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FTSE 100

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UBS cuts Pearson to 'sell' (neutral) - price target 620 pence

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Bank of America cuts Land Securities to 'neutral' (buy) - price target 720 (870) pence

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Bank of America cuts British Land to 'underperform' (neutral) - price target 440 (560) pence

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Deutsche Bank cuts Antofagasta target to 1,320 (1,500) pence - 'hold'

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Deutsche Bank cuts Glencore price target to 560 (580) pence - 'buy'

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Deutsche Bank cuts Rio Tinto price target to 5,800 (6,000) pence - 'hold'

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Deutsche Bank cuts Anglo American to 'hold' (buy) - price target 3,500 (3,900) p

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Deutsche Bank cuts Diageo to 'sell' (hold) - price target 3,230 (4,050) pence

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JPMorgan cuts RS price target to 1,200 (1,350) pence - 'overweight'

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Goldman Sachs cuts Halma price target to 2,300 (2,970) pence - 'neutral'

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Goldman Sachs raises HSBC price target to 800 (710) pence - 'buy'

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Goldman Sachs raises Standard Chartered price target to 1,030 (945) pence - 'buy'

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JPMorgan raises BT price target to 290 (270) pence - 'overweight'

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JPMorgan cuts Vodafone to 'neutral' (overweight) - price target 168 (175) pence

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JPMorgan cuts Howden Joinery price target to 730 (960) pence - 'neutral'

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Jefferies cuts Entain price target to 2,250 (2,335) pence - 'buy'

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FTSE 250

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Bank of America cuts Great Portland to 'neutral' (buy) - price target 640 (760) pence

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Bank of America cuts Derwent London price target to 3,100 (3,800) pence - 'buy'

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Bank of America cuts Workspace to 'underperform' (neutral) - price target 450 (690) pence

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Barclays cuts Royal Mail price target to 320 (400) pence - 'overweight'

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JPMorgan cuts Diploma price target to 2,100 (2,450) pence - 'underweight'

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JPMorgan cuts Travis Perkins to 'neutral' (overweight) - price target 1,200 (2,000) pence

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SMALL CAP

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Deutsche Bank cuts Kingspan target to 70 (110) EUR - 'hold'

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Deutsche Bank cuts South32 price target to 250 (300) pence - 'hold'

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Deutsche Bank cuts BHP price target to 2,200 (2,250) pence - 'hold'

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Berenberg starts Just Eat Takeaway with 'sell' - price target 16.30 eur

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Goldman Sachs cuts Fevertree Drinks price target to 1,700 (1,920) pence - 'neutral'

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Goldman Sachs cuts Ferguson price target to 13,500 (15,000) pence - 'buy'

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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Royal Mail calls for further talks with CWU as deadlock continues

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Royal Mail looking to take union talks to arbitration

(Sharecast News) - Royal Mail said on Thursday that it wants to take talks with the Communication Workers Union to arbitration, having failed to make any progress over pay rises after five months, and that it will "review" agreements aimed at protecting jobs and conditions that were signed nine years ago when the company was privatised.

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