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LONDON BROKER RATINGS: JPMorgan downgrades Admiral and Direct Line

Fri, 15th Jul 2022 09:49

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

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FTSE 100

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JPMorgan cuts Admiral Group to 'underweight' (neutral) - price target 1,750 (3,000) p

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Deutsche Bank cuts Admiral Group target to 2,560 (2,630) pence - 'hold'

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JPMorgan places British American Tobacco on 'positive catalyst watch'; raises price target to 4,500 (4,000) p - 'overweight'

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JPMorgan cuts IAG price target to 1.25 (1.95) EUR - 'neutral'

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JPMorgan raises Shell price target to 3,000 (2,850) pence - 'overweight'

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JPMorgan places BP on 'negative catalyst watch' into results; raises price target to 530 (500) pence - 'overweight'

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JPMorgan raises BAE Systems price target to 870 (850) pence - 'neutral'

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Barclays cuts Entain price target to 1,950 (2,100) pence - 'overweight'

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Barclays cuts Hargreaves Lansdown target to 1,175 (1,430) pence - 'overweight'

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Morgan Stanley raises Prudential price target to 1,687 (1,605) pence - 'overweight'

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Credit Suisse raises GSK price target to 1,600 (1,400) pence - 'underperform'

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UBS cuts Ocado price target to 950 (2,100) pence - 'neutral'

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FTSE 250

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JPMorgan cuts Direct Line to 'neutral' (overweight) - price target 240 (315) pence

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Berenberg raises Direct Line to 'buy' (hold) - price target 277 pence

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Deutsche Bank cuts Direct Line target to 290 (300) pence - 'hold'

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JPMorgan cuts easyJet to 'underweight' (neutral) - price target 310 (625) pence

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Barclays cuts Chemring Group to 'underweight' (equal weight) - price target 336 (360) p

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HSBC cuts Wizz Air to 'reduce' (hold)

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JPMorgan cuts Wizz Air price target to 4,000 (4,500) pence - 'overweight'

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Peel Hunt cuts Ultra Electronics to 'hold'

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JPMorgan cuts Ashmore Group price target to 190 (204) pence - 'underweight'

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Barclays cuts AJ Bell price target to 280 (320) pence - 'underweight'

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Barclays cuts IntegraFin price target to 380 (470) pence - 'overweight'

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Barclays cuts Network International price target to 290 (355) pence - 'overweight'

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Barclays cuts Quilter price target to 100 (120) pence - 'underweight'

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HSBC cuts SSP Group price target to 350 (365) pence - 'buy'

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Morgan Stanley cuts JD Wetherspoon target to 790 (980) pence - 'equal-weight'

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Credit Suisse raises Beazley price target to 540 (480) pence - 'neutral'

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SMALL CAP

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Barclays raises Senior to 'overweight' (underweight) - price target 183 (137) pence

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Barclays cuts EnQuest energy price target to 21 (23) pence - 'underweight'

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Berenberg raises Kenmare Resources price target to 790 (750) pence - 'buy'

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Berenberg cuts Pan African resources price target to 30 (31) pence - 'buy'

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Berenberg cuts Atalaya Mining price target to 400 (430) pence - 'buy'

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Berenberg cuts Sabre Insurance price target to 123 (229) pence - 'hold'

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Liberum cuts Fevertree Drinks price target to 1,100 (2,300) pence - 'buy'

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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Ultra Electronics 'minded' to recommend £2.58bn Cobham offer

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23 Jul 2021 07:22

UPDATE 4-UK's Ultra may recommend Cobham's $3.6 bln takeover bid to investors

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23 Jul 2021 07:22

UPDATE 3-Defence firm Cobham makes $3.6 bln bid for UK rival Ultra Electronics

(Adds shares, background, quotes; recasts)By Yadarisa ShabongJuly 23 (Reuters) - Defence group Cobham Ltd has made a $3.6 billion offer to buy UK-based Ultra Electronics, in a bid that could draw scrutiny in Britain due to Cobham's U.S. ownership....

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23 Jul 2021 07:22

UPDATE 2-Cobham makes $3.6 billion bid to buy defence rival Ultra Electronics

(Adds detail, background)July 23 (Reuters) - British aerospace and defence group Cobham has made a takeover offer for Ultra Electronics in a deal valuing the defence engineering supplier at about 2.58 billion pounds ($3.55 billion), Ultra said on ...

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22 Jul 2021 09:39

BROKER RATINGS: Antofagasta, Flutter and Royal Mail get upgrades

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21 Jul 2021 11:56

Wednesday broker round-up

(Sharecast News) - Morgan Advanced Materials: Liberum starts at 'buy' with 470.0p target price.

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21 Jul 2021 09:45

BROKER RATINGS: Compass gets upgrade while Avast cut to Neutral

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19 Jul 2021 13:40

Monday broker round-up

(Sharecast News) - BP: Morgan Stanley stays at 'underweight' and revises target price from 285.0p to 305.0p.

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19 Jul 2021 09:49

BROKER RATINGS: RBC upgrades Fresnillo; JPMorgan raises Travis Perkins

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19 Jul 2021 09:32

Ultra Electronics profit and record order book boosts confidence

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LONDON MARKET PRE-OPEN: Synthomer lifts outlook on strong momentum

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Strong defence demand boosts Ultra Electronics first half

(Sharecast News) - Strong demand from defence markets helped Ultra Electronics deliver better-than-expected first-half profits on Monday as it lifted its dividend by 5%.

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