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LONDON BROKER RATINGS: Redburn likes Flutter; RBC cuts Smiths

Wed, 12th Oct 2022 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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Bank of America cuts Ocado price target to 1,150 (1,600) pence - 'buy'

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Bank of America raises Sage price target to 630 (620) pence - 'underperform'

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JPMorgan cuts Experian price target to 3,200 (3,250) pence - 'overweight'

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Goldman Sachs cuts British Land price target to 320 (410) pence - 'neutral'

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Goldman Sachs cuts Segro price target to 920 (1,070) pence - 'buy'

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Goldman Sachs cuts Land Securities price target to 460 (500) pence - 'sell'

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Jefferies raises Harbour Energy price target to 670 (600) pence - 'buy'

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Deutsche Bank cuts SSE price target to 1,900 (2,000) pence - 'buy'

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Deutsche Bank cuts United Utilities target to 1,000 (1,080) pence - 'hold'

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Deutsche Bank cuts Severn Trent target to 3,000 (3,300) pence - 'buy'

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Deutsche Bank cuts National Grid price target to 1,020 (1,220) pence - 'hold'

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RBC cuts Melrose Industries price target to 165 (220) pence - 'outperform'

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RBC cuts Smiths Group to 'underperform' (sector perform) - price target 1,600 (1,500) pence

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Redburn begins coverage of Flutter Entertainment at 'buy'

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Redburn begins coverage of Entain at 'neutral'

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Deutsche Bank cuts Entain price target to 1,800 (1,871) pence - 'buy'

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Credit Suisse cuts Barratt Developments target to 637 (775) pence - 'outperform'

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Bernstein raises Diageo price target to 3,950 (3,780) pence - 'market-perform'

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FTSE 250

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Jefferies cuts Darktrace price target to 530 (615) pence - 'buy'

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Deutsche Bank cuts 888 Holdings target to 160 (230) pence - 'buy'

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Deutsche Bank cuts Pennon target to 880 (1,100) pence - 'hold'

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Deutsche Bank cuts Playtech price target to 601 (607) pence - 'buy'

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Deutsche Bank starts Diploma with 'hold' - price target 2,450 pence

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RBC cuts RHI Magnesita price target to 2,000 (2,400) pence - 'sector perform'

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RBC raises Morgan Advanced Materials to 'outperform'(sector perform) - price target 330 pence

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RBC cuts Bodycote price target to 560 (600) pence - 'sector perform'

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Jefferies reinitiates Diversified Energy with 'buy' - price target 165 pence

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Jefferies raises Capricorn Energy price target to 290 (265) pence - 'buy'

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Jefferies raises Energean price target to 1,650 (1,300) pence - 'buy'

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Jefferies cuts Tullow Oil to 'hold' (buy) - price target 48 (77) pence

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Berenberg cuts Mitchells & Butlers price target to 115 (180) pence - 'hold'

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RBC cuts FirstGroup price target to 160 (165) pence - 'outperform'

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Goldman Sachs cuts Big Yellow price target to 1,000 (1,130) pence - 'neutral'

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Goldman Sachs cuts Great Portland price target to 420 (460) pence - 'neutral'

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Goldman Sachs cuts Derwent London price target to 2,360 (2,570) pence - 'buy'

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Goldman Sachs cuts Supermarket Income REIT target to 100 (113) pence - 'neutral'

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Goldman Sachs starts Tritax Big Box with 'neutral' - price target 140 pence

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Bank of America cuts Lancashire price target to 550 (560) pence - 'neutral'

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Bank of America raises Hiscox price target to 1200 (1180) pence - 'buy'

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Bank of America raises Beazley price target to 745 (700) pence - 'buy'

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SMALL CAP

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Kepler Cheuvreux cuts Renewi to 'hold' (buy)

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RBC cuts TT Electronics price target to 275 (325) pence - 'outperform'

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Jefferies cuts Jadestone Energy price target to 120 (145) pence - 'buy'

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Jefferies raises Serica Energy price target to 480 (465) pence - 'buy'

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Jefferies raises EnQuest price target to 40 (33) pence - 'buy'

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Jefferies raises Kosmos Energy price target to 790 (710) pence - 'buy'

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Berenberg cuts AG Barr price target to 610 (650) pence - 'buy'

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Berenberg cuts Restaurant Group to 'hold' (buy) - price target 35 (65) pence

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Bernstein cuts Just Eat Takeaway target to 1,550 (1,600) pence - 'market-perform'

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Goldman Sachs cuts Just Eat Takeaway price target to 20 (26) EUR - 'buy'

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Panmure cuts Fuller Smith & Turner to 'sell' (hold) - price target 360 (640) pence

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JPMorgan cuts Marston's price target to 54 (59) pence - 'neutral'

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Liberum cuts Ryanair to 'hold' (buy) - price target 11 (16.50) eur

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Barclays cuts Reach price target to 80 (90) pence - 'equal weight'

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Berenberg cuts Watkin Jones price target to 175 (260) pence - 'buy'

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Bank of America raises Wise price target to 882 (692) pence - 'buy'

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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