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LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

Fri, 12th Jan 2024 09:14

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

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FTSE 100

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Goldman Sachs raises Whitbread price target to 4,650 (4,550) pence - 'buy'

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Goldman Sachs raises Tesco price target to 370 (360) pence - 'buy'

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Deutsche Bank raises Marks & Spencer price target to 315 (310) pence - 'buy'

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Barclays raises Mondi price target to 1,200 (1,150) pence - 'underweight'

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Barclays cuts Airtel Africa price target to 170 (180) pence - 'overweight'

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Jefferies raises Admiral Group price target to 2,050 (1,850) pence - 'underperform'

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Goldman Sachs reinitiates Glencore with 'buy' - price target 530 pence

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Barclays cuts Glencore price target to 465 (475) pence - 'equal weight'

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Barclays cuts Fresnillo price target to 590 (610) pence - 'equal weight'

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Barclays raises Antofagasta price target to 1,390 (1,270) pence - 'equal weight'

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Goldman Sachs reinitiates Anglo American with 'neutral' - price target 1,900 pence

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Barclays raises Anglo American price target to 2,630 (2,575) pence - 'overweight'

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Goldman Sachs reinitiates Rio Tinto with 'buy' - price target 7,300 pence

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Barclays cuts Rio Tinto price target to 6,000 (6,300) pence - 'overweight'

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Barclays cuts Vodafone price target to 85 (92) pence - 'equal weight'

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Bank of America reinitiates Imperial Brands with 'neutral' - price target 1,870 pence

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Bank of America reinitiates British American Tobacco with 'buy' - price target 2,900 pence

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Bank of America cuts Reckitt Benckiser price target to 5,700 (6,000) pence - 'neutral'

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Bank of America cuts Burberry price target to 1,400 (1,750) pence - 'underperform'

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Jefferies cuts Burberry price target to 1,460 (1,600) pence - 'hold'

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Bank of America raises InterContinental Hotels Group price target to 7,800 (7,300) pence - 'buy'

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Bank of America raises International Consolidated Airlines price target to 230 (220) pence - 'buy'

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UBS cuts WPP to 'sell' (buy) - price target 700 (1,200) pence

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FTSE 250

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Barclays raises Hochschild Mining price target to 125 (105) pence - 'overw.'

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Barclays raises Greggs price target to 3,080 (3,020) pence - 'overweight'

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Barclays cuts Ferrexpo price target to 120 (190) pence - 'equal weight'

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Jefferies raises Bridgepoint price target to 310 (250) pence - 'buy'

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JPMorgan raises Ashmore Group price target to 183 (176) pence - 'underweight'

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RBC starts GBP Infrastructure Investments with 'outperform' - price target 90 pence

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Bank of America raises easyJet to 'buy' (underperform) - price target 640 (470) pence

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SMALL CAP

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Berenberg cuts Synthomer price target to 320 (400) pence - 'buy'

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Barclays cuts South32 price target to 210 (225) pence - 'overweight'

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Barclays cuts Gem Diamonds price target to 18 (20) pence - 'overweight'

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Barclays cuts BHP Group price target to 2,620 (2,750) pence - 'equal weight'

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Goldman Sachs reinitiates BHP Group with 'neutral' - price target 2,500 pence

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Jefferies raises Sabre Insurance price target to 145 (120) pence - 'hold'

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RBC cuts ITM Power price target to 140 (250) pence - 'outperform'

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RBC cuts Ceres Power to 'underperform' (sector perform) - price target 150 (600) pence

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Bank of America raises Ryanair price target to 27 (25) EUR - 'buy' - 'top pick'

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Copyright 2024 Alliance News Ltd. All Rights Reserved.

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3 Jan 2024 08:10

Ryanair and Wizz Air passenger numbers increase in December

(Alliance News) - Budget airlines Ryanair Holdings PLC and Wizz Air Holdings PLC on Wednesday both said passenger traffic increased in December compared to a year before, despite flight cancellations to Israel amid the ongoing conflict.

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3 Jan 2024 07:54

LONDON BRIEFING: Stocks to open flat pre-Fed minutes, jobs data

(Alliance News) - The FTSE 100 is expected to open flat on Wednesday, as London's flagship index celebrates its 40th anniversary, after mostly downbeat trading in Asia and a tech sell-off in New York.

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20 Dec 2023 11:13

UPDATE: EU court sides with Ryanair over Air France-KLM state aid

(Alliance News) - A top EU court annulled on Wednesday a pandemic state aid programme for Air France KLM SA that had been challenged by Irish rival Ryanair Holdings PLC and Malta Air.

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19 Dec 2023 09:11

LONDON BROKER RATINGS: Peel Hunt raises Flutter to 'buy' from 'hold'

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

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4 Dec 2023 09:07

Ryanair and Wizz Air post higher passenger numbers in November

Alliance News) - Budget airlines Ryanair Holdings PLC and Wizz Air Holdings PLC on Monday both said passenger traffic increased in November compared to a year before, despite flight cancellations to Israel amid the ongoing conflict.

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4 Dec 2023 08:02

Ryanair traffic jumps 4% in November

(Sharecast News) - Budget airline Ryanair reported a 4% jump in November passenger numbers on Monday.

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4 Dec 2023 07:38

LONDON BRIEFING: Wizz Air and Ryanair report November traffic growth

(Alliance News) - London's FTSE 100 is called to open lower on Monday, while Asian equities made an underwhelming start to the week, as investors eagerly anticipate Friday's US nonfarm payrolls data.

Read more
7 Nov 2023 09:28

LONDON BROKER RATINGS: Watches of Switzerland impresses HSBC; Asos cut

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

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6 Nov 2023 16:59

LONDON MARKET CLOSE: Stocks fail to shine despite dovish sentiment

(Alliance News) - Stock prices in London closed mixed on Monday, whilst US markets opened higher, with investors continuing to digest hopes that interest rates have peaked.

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6 Nov 2023 12:04

LONDON MARKET MIDDAY: Tepid start to new week as investors take stock

(Alliance News) - London's FTSE 100 drifted marginally lower heading into Monday afternoon in uncertain trade as investors reassess the near-term outlook for equity markets after a bullish week for stocks last week.

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6 Nov 2023 09:30

UPDATE: Ryanair sets out dividend plans as half-year profit jumps

(Alliance News) - Ryanair Holdings PLC on Monday reported a half-year profit rise and outlined ordinary dividend policy plans, which will kick off with a maiden EUR400 million payout.

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6 Nov 2023 07:49

Ryanair first-half profit jumps over 70% amid strong summer

(Alliance News) - No-frills airline Ryanair Holdings PLC on Monday announced that net profit surged 72% in its first half, thanks to higher fares and record traffic during the peak summer season.

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2 Nov 2023 10:12

Ryanair and Wizz Air post higher passenger numbers in October

(Alliance News) - Budget airlines Ryanair Holdings PLC and Wizz Air Holdings PLC on Thursday both said passenger traffic increased in October compared to a year before, but Ryanair said it saw hundreds of flight cancellations in light of the Israel-Hamas conflict.

Read more
1 Nov 2023 05:58

On The Beach companies win GBP2m High Court damages fight with Ryanair

(Alliance News) - Online travel agents have won a High Court fight with Ryanair Holdings PLC after suing over refunds paid after flights were cancelled or changed.

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31 Oct 2023 19:06

On The Beach wins GBP2 million High Court damages fight with Ryanair

(Alliance News) - Online travel agents have won a High Court fight with Ryanair Holdings PLC after suing over refunds paid after flights were cancelled or changed.

Read more

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