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BROKER RATINGS SUMMARY: Merrill Lynch Downgrades Burberry To Neutral

Tue, 18th Oct 2016 08:23

LONDON (Alliance News) - The following shares received analyst recommendations Tuesday morning and Monday:
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FTSE 100
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TRADERS: MERRILL LYNCH CUTS BURBERRY GROUP TO 'NEUTRAL' ('BUY')
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S&P GLOBAL RAISES BURBERRY GROUP PRICE TARGET TO 1480 (1260) PENCE - 'HOLD'
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BARCLAYS CUTS PEARSON PRICE TARGET TO 740 (750) PENCE - 'EQUAL WEIGHT'
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MACQUARIE CUTS PEARSON PRICE TARGET TO 925 (1025) PENCE - 'OUTPERFORM'
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Berenberg Cuts Pearson Target To 690p From 790p, Keeps Sell
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GOLDMAN CUTS PEARSON PRICE TARGET TO 708 (825) PENCE - 'SELL'
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UBS RAISES SMITHS GROUP PRICE TARGET TO 1510 (1130) PENCE - 'NEUTRAL'
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UBS RAISES STANDARD CHARTERED PRICE TARGET TO 630 (600) PENCE - 'SELL'
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UBS RAISES HSBC PRICE TARGET TO 585 (540) PENCE - 'NEUTRAL'
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MORGAN STANLEY RAISES BP PRICE TARGET TO 535 (495) PENCE - 'OVERWEIGHT'
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FTSE 250
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Numis Starts Moneysupermarket.com Group With Add, Target At 325p
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BARCLAYS RAISES WEIR GROUP PRICE TARGET TO 1650 (1400) PENCE - 'EQUAL WEIGHT'
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HSBC RAISES WEIR GROUP PRICE TARGET TO 1900 (1750) PENCE - 'BUY'
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GOLDMAN RAISES SSP GROUP PRICE TARGET TO 335 (320) PENCE - 'NEUTRAL'
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HSBC CUTS DEBENHAMS PRICE TARGET TO 50 (55) PENCE - 'REDUCE'
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BERENBERG RAISES JOHN LAING PRICE TARGET TO 300 (280) PENCE - 'BUY'
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MAIN MARKET AND AIM
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MACQUARIE INITIATES ZEGONA COMMUNICATIONS WITH 'OUTPERFORM' - PRICE TARGET 150 PENCE
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Cantor Ups ASOS Target To 5,400p From 4,000p, Keeps Hold
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Liberum Ups ASOS Target To 5,900p From 4,800p, Keeps Buy
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LIBERUM CUTS UTILITYWISE PRICE TARGET TO 244 (254) PENCE - 'BUY'
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PANMURE CUTS UTILITYWISE PRICE TARGET TO 140 (174) PENCE - 'HOLD'
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PANMURE RAISES GEAR4MUSIC PRICE TARGET TO 400 (200) PENCE - 'BUY'
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PANMURE RAISES BP MARSH & PARTNERS PRICE TARGET TO 221 (208) PENCE - 'BUY'
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.

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