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UK BROKER RATINGS: UBS Cuts GlaxoSmithKline To Sell From Neutral

Fri, 25th Jul 2014 09:08

LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:
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FTSE 100
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UBS CUTS EASYJET PRICE TARGET TO 1930 (2100) PENCE - 'BUY'
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JPMORGAN CUTS GLAXOSMITHKLINE PRICE TARGET TO 1370 (1700) PENCE - 'NEUTRAL'
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UBS CUTS GLAXOSMITHKLINE TO 'SELL' ('NEUTRAL') - PRICE TARGET 1380 (1500) PENCE
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SOCGEN CUTS KINGFISHER PRICE TARGET TO 320 (353) PENCE - 'HOLD'
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CITIGROUP CUTS KINGFISHER TO 'NEUTRAL' ('BUY') - TARGET 340 (420) PENCE
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DEUTSCHE BANK CUTS KINGFISHER PRICE TARGET TO 430 (460) PENCE - 'BUY'

BERNSTEIN CUTS KINGFISHER PRICE TARGET TO 400 (510) PENCE - 'OUTPERFORM'
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NUMIS RAISES REED ELSEVIER PRICE TARGET TO 1130 (1031) PENCE - 'ADD'
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MORGAN STANLEY RAISES REED ELSEVIER PRICE TARGET TO 1030 (1000) PENCE. - OVERWEIGHT
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BARCLAYS RAISES REED ELSEVIER PRICE TARGET TO 1020 (1005) PENCE. - 'EQUAL WEIGHT'
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SOCGEN CUTS PETROFAC TO 'HOLD' ('BUY') - TARGET 1220 (1480) PENCE
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DEUTSCHE BANK CUTS BARCLAYS PRICE TARGET TO 275 (300) PENCE - 'BUY'
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EXANE BNP RAISES HAMMERSON PRICE TARGET TO 660 (630) PENCE - 'OUTPERFORM'
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GOLDMAN RAISES HAMMERSON PRICE TARGET TO 615 (590) PENCE - 'NEUTRAL'
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FTSE 250
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CREDIT SUISSE CUTS TATE & LYLE PRICE TARGET TO 630 (650) PENCE - 'UNDERPERFORM'
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CANACCORD CUTS TATE & LYLE PRICE TARGET TO 640 (660) PENCE - 'HOLD'
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UBS CUTS TATE & LYLE PRICE TARGET TO 615 (630) PENCE - 'SELL'
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SOCGEN RAISES PROVIDENT FINANCIAL PRICE TARGET TO 2270 (1560) PENCE - 'HOLD'
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BERENBERG RAISES PROVIDENT FINANCIAL PRICE TARGET TO 2200 (2050) PENCE - 'HOLD'
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BERENBERG RAISES BODYCOTE TO 'BUY' ('HOLD') - TARGET 776 (759) PENCE
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CANACCORD CUTS ELECTROCOMPONENTS PRICE TARGET TO 313 (356) PENCE - 'BUY'
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DEUTSCHE BANK CUTS ELECTROCOMPONENTS PRICE TARGET TO 265 (290) PENCE - 'HOLD'
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CANACCORD CUTS LANCASHIRE HLDGS PRICE TARGET TO 670 (690) PENCE - 'HOLD'
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DEUTSCHE BANK CUTS LANCASHIRE HLDGS PRICE TARGET TO 724 (762) PENCE - 'BUY'
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JPMORGAN RAISES HOWDEN JOINERY PRICE TARGET TO 420 (416) PENCE - 'OVERWEIGHT'
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CITIGROUP RAISES HOWDEN JOINERY GROUP PT TO 370 (365) PENCE - 'NEUTRAL'
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Investec Raises AG Barr Price Target To 661p From 645p - ADD
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SOCGEN CUTS DRAX GROUP TO 'SELL' ('HOLD') - TARGET 630 PENCE
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NUMIS CUTS SPECTRIS TO 'HOLD' ('ADD') - TARGET 2300 PENCE
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CREDIT SUISSE CUTS BWIN.PARTY PRICE TARGET TO 88 (99) PENCE - 'UNDERPERFORM'
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NUMIS RAISES DE LA RUE TO 'ADD' ('HOLD') - TARGET 845 PENCE
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MAIN MARKET AND AIM
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BARCLAYS INITIATES TELFORD HOMES WITH 'EQUAL WEIGHT' - TARGET 364.6 PENCE
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2014 Alliance News Limited. All Rights Reserved.



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