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LONDON BROKER RATINGS: Goldman likes Relx; Jefferies likes Aviva

Wed, 04th Oct 2023 09:52

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

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FTSE 100

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Citigroup raises Auto Trader Group price target to 625 (615) pence - 'neutral'

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RBC raises Compass Group to 'sector perform' (underperform) - price target 1,925 (1,675) pence

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Goldman Sachs raises Relx to 'buy' - price target 3,405 pence

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UBS raises Admiral Group price target to 2,750 (2,300) pence - 'buy'

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Jefferies raises Aviva to 'buy' (hold) - price target 480 (445) pence

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JPMorgan cuts Phoenix Group price target to 430 (500) pence - 'underweight'

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numis raised BT Group to 'hold' - target 105 pence

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JPMorgan raises Severn Trent to 'neutral' (underweight) - price target 2,400 (2,425) pence

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Jefferies raises BP price target to 530 (510) pence - 'hold'

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Jefferies cuts M&G price target to 225 (235) pence - 'buy'

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Jefferies cuts Legal & General to 'hold' (buy) - price target 230 (335) pence

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Jefferies cuts Coca-Cola HBC price target to 2,600 (2,700) pence - 'buy'

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JPMorgan raises IAG price target to 2.90 (2.50) EUR - 'neutral'

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UBS cuts Halma price target to 2,175 (2,600) pence - 'neutral'

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FTSE 250

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Citigroup cuts Britvic price target to 1,025 (1,060) pence - 'buy'

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UBS cuts Vistry to 'sell' (neutral) - price target 780 (750) pence

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Jefferies cuts Just Group price target to 115 (140) pence - 'buy'

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Berenberg cuts 888 Holdings price target to 160 (190) pence - 'buy'

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Berenberg raises Greggs price target to 3,550 (3,440) pence - 'buy'

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Jefferies cuts Spirent Communications price target to 195 (340) pence - 'buy'

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UBS cuts WAG Payment Solutions price target to 150 (175) pence - 'buy'

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UBS raises Direct Line Insurance price target to 194 (180) pence - 'buy'

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SMALL CAP

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Citigroup raises Restaurant Group price target to 56 (52) pence - 'buy'

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Deutsche Bank cuts boohoo price target to 25 (43) pence - 'hold'

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Barclays cuts boohoo price target to 26 (30) pence - 'underweight'

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Goldman Sachs cuts boohoo price target to 37 (43) pence - 'neutral'

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SocGen cuts boohoo price target to 32 (41) pence - 'hold'

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UBS raises Asos to 'buy' (neutral) - price target 550 (660) pence

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Goldman Sachs raises Deliveroo price target to 162 (161) pence - 'buy'

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
12 Oct 2023 16:54

LONDON MARKET CLOSE: FTSE 100 withstands selling pressure after US CPI

(Alliance News) - Stock prices in Europe closed mixed on Thursday, ending off session highs as equities in New York came under pressure following a more robust than expected US inflation reading.

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12 Oct 2023 16:02

London close: Stocks mixed as US inflation comes in slightly hot

(Sharecast News) - London markets ended with a mixed outcome on Thursday, as investors digested a fresh inflation reading out of the US, as well as a slight uptick in the UK economy.

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12 Oct 2023 12:07

LONDON MARKET MIDDAY: Stocks rise ahead of US inflation reading

(Alliance News) - Stock prices in London were on the up heading into Thursday afternoon, as rising Crude prices supported oil majors, and developments in China lifted miners, while the pound gave back some progress against the dollar ahead of a key US inflation.

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12 Oct 2023 10:10

Restaurant Group's £700m takeover bid "too low", says Shore Capital

(Sharecast News) - Shore Capital has said that the value of Apollo Group's takeover bid of Restaurant Group is "too low", despite the hospitality company recommending the offer to shareholders.

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12 Oct 2023 09:42

SMALL-CAP WINNERS & LOSERS: Restaurant Group surges on takeover deal

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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12 Oct 2023 08:58

LONDON MARKET OPEN: Stocks rise as UK economy ekes out growth

(Alliance News) - Stock prices in London opened higher on Thursday, as data showed the UK economy returned to growth, and investors increasingly price in the prospect that US interest rates have peaked.

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12 Oct 2023 08:35

TOP NEWS: Wagamama-owner Restaurant Group agrees Apollo takeover offer

(Alliance News) - Restaurant Group PLC on Thursday said it has agreed to be acquired by funds managed by private equity firm Apollo Global Management Inc, soon after itself having sold off an underperforming business.

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12 Oct 2023 07:48

Restaurant Group to be taken over by PE firm Apollo in £701m deal

(Sharecast News) - Wagamama owner The Restaurant Group said on Thursday that it has agreed to be taken over by private equity firm Apollo in a £701m deal.

Read more
11 Sep 2023 17:03

LONDON MARKET CLOSE: FTSE 100 ends higher thanks to mining stock rally

(Alliance News) - The FTSE 100 ended in the green on Monday, lifted by a rally among mining stocks after data over the weekend provided some positive news for China's troubled economy.

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11 Sep 2023 09:56

SMALL-CAP WINNERS & LOSERS: Restaurant Group sells "challenged" chains

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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11 Sep 2023 09:15

CORRECT: LONDON MARKET OPEN: FTSE 100 higher thanks to miners

(Correcting the day of the week in the opening sentence, and the closing percentages for US equities.)

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11 Sep 2023 09:10

LONDON MARKET OPEN: FTSE 100 higher thanks to miners

(Alliance News) - The FTSE 100 in London opened higher on Friday, thanks to miners rising on the back of some hopeful data that China's economy is improving.

Read more
11 Sep 2023 08:45

TOP NEWS: Restaurant Group sells Frankie & Benny's and Chiquito chains

(Alliance News) - Restaurant Group PLC on Monday confirmed it has agreed to sell its "challenged" Frankie & Benny's and Chiquito chains to the owner of Bella Italia, Las Iguanas and Banana Tree, saying this will reduce its debt and improve its profit margin.

Read more
11 Sep 2023 07:54

LONDON BRIEFING: Restaurant Group sells Frankie & Benny's and Chiquito

(Alliance News) - Stocks in London are called higher on Monday, ahead of a busy week of interest rate decisions and economic data.

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