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BROKER RATINGS SUMMARY: Merrill Lynch Upgrades Burberry To Buy

Wed, 29th Jun 2016 08:48

LONDON (Alliance News) - The following shares received analyst recommendations Wednesday morning and Tuesday:
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FTSE 100
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TRADERS: MERRILL LYNCH RAISES BURBERRY GROUP TO 'BUY' ('NEUTRAL')
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Liberum Lifts BP Target To 433p From 382p, Keeps Hold
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Liberum Ups Shell To Buy From Hold, Target To 2,071p From 1,910p
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BARCLAYS CUTS STANDARD LIFE PRICE TARGET TO 318 (486) PENCE - 'EQUAL WEIGHT'
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GOLDMAN CUTS STANDARD LIFE PRICE TARGET TO 350 (425) PENCE - 'NEUTRAL'
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HSBC CUTS STANDARD LIFE PRICE TARGET TO 360 (490) PENCE - 'BUY'
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GOLDMAN CUTS ST JAMES'S PLACE PRICE TARGET TO 950 (1090) PENCE - 'BUY'
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BARCLAYS CUTS ST JAMES'S PLACE TARGET TO 935.50 (1,034) PENCE - 'OVERWEIGHT'
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HSBC CUTS RSA INSURANCE PRICE TARGET TO 520 (525) PENCE - 'HOLD'
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BARCLAYS RAISES RSA INSURANCE PRICE TARGET TO 551 (545) PENCE - 'OVERWEIGHT'
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BARCLAYS RAISES OLD MUTUAL PRICE TARGET TO 230 (220) PENCE - 'OVERWEIGHT'
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BARCLAYS CUTS DIRECT LINE PRICE TARGET TO 364 (369) PENCE - 'EQUAL WEIGHT'
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Deutsche Cuts Direct Line Target To 385p From 450p, Maintains Buy
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HSBC CUTS DIRECT LINE PRICE TARGET TO 328 (350) PENCE - 'REDUCE'
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GOLDMAN CUTS AVIVA PRICE TARGET TO 515 (615) PENCE - 'BUY'
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BARCLAYS CUTS AVIVA PRICE TARGET TO 456 (664) PENCE - 'OVERWEIGHT'
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HSBC CUTS AVIVA PRICE TARGET TO 435 (550) PENCE - 'HOLD'
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Deutsche Cuts Admiral Price Target 1,590p From 1,750p, Maintains Hold
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BARCLAYS CUTS ADMIRAL GROUP TO 'UNDERWEIGHT' ('EQUALWEIGHT') - TARGET 1,788 (1,755)P
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GOLDMAN CUTS ADMIRAL GROUP PRICE TARGET TO 1,600 (1,650) PENCE - 'NEUTRAL'
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HSBC CUTS ADMIRAL GROUP PRICE TARGET TO 1,865 (1,915) PENCE - 'HOLD'
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BARCLAYS CUTS PRUDENTIAL PRICE TARGET TO 1609 (1733) PENCE - 'OVERWEIGHT'
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GOLDMAN CUTS PRUDENTIAL PRICE TARGET TO 1750 (1900) PENCE - 'CONVICTION BUY LIST'
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HSBC CUTS PRUDENTIAL PRICE TARGET TO 1570 (1945) PENCE - 'BUY'
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BARCLAYS CUTS LEGAL & GENERAL TO 'EQUAL WEIGHT' ('OVERWEIGHT') - TARGET 200 (298) PENCE
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GOLDMAN CUTS LEGAL & GENERAL PRICE TARGET TO 220 (265) PENCE - 'NEUTRAL'
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HSBC CUTS LEGAL & GENERAL PRICE TARGET TO 245 (300) PENCE - 'BUY'
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GOLDMAN CUTS RBS PRICE TARGET TO 265 (375) PENCE - 'CONVICTION BUY LIST'
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BERNSTEIN CUTS RBS PRICE TARGET TO 160 (230) PENCE - 'MARKET-PERFORM'
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GOLDMAN CUTS LLOYDS PRICE TARGET TO 57 (83) PENCE - 'NEUTRAL'
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BERNSTEIN CUTS LLOYDS PRICE TARGET TO 40 (55) PENCE - 'UNDERPERFORM'
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GOLDMAN CUTS HSBC PRICE TARGET TO 565 (580) PENCE - 'NEUTRAL'
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BERNSTEIN CUTS HSBC PRICE TARGET TO 350 (380) PENCE - 'UNDERPERFORM'
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GOLDMAN CUTS BARCLAYS TO 'NEUTRAL' (CONVICTION BUY) - PRICE TARGET 175 (265) PENCE
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BERNSTEIN CUTS BARCLAYS PRICE TARGET TO 110.24 (180) PENCE - 'MARKET-PERFORM'
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BERNSTEIN RAISES STANDARD CHARTERED TARGET TO 630 (600) PENCE - 'OUTPERFORM'
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GOLDMAN RAISES STANDARD CHARTERED PRICE TARGET TO 740 (720) PENCE - 'BUY'
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GOLDMAN CUTS PROVIDENT FINANCIAL PRICE TARGET TO 2480 (3210) PENCE - 'NEUTRAL'
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GOLDMAN RAISES SMITH & NEPHEW PRICE TARGET TO 1410 (1360) PENCE - 'BUY'
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GOLDMAN RAISES SAGE GROUP TO 'BUY' ('NEUTRAL') - TARGET 650 (670) PENCE
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GOLDMAN CUTS ARM HOLDINGS TO BUY (CONVICTION BUY LIST) - TARGET 1275 (1400) P
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KEPLER CHEUVREUX RAISES ARM HOLDINGS PRICE TARGET TO 1230 (1150) PENCE - 'BUY
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JPMORGAN CUTS WHITBREAD TO 'NEUTRAL' ('OVERWEIGHT') - TARGET 3,682 (4,400)P
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JPMORGAN RAISES MERLIN ENTERTAINMENTS TO 'NEUTRAL' ('UNDER WEIGHT') - TARGET 464 (440)P
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JPMORGAN RAISES IMPERIAL BRANDS PRICE TARGET TO 3940 (3700) PENCE - 'NEUTRAL'
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JPMORGAN RAISES BAT PRICE TARGET TO 5040 (4650) PENCE - 'OVERWEIGHT'
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Deutsche Cuts IHG Price Target To 2,660p From 2,770p, Reiterates Hold
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Deutsche Cuts Legal & General To Hold From Buy, Target 215p From 298p
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JPMORGAN RAISES ROLLS ROYCE GROUP PRICE TARGET TO 730 (690) PENCE - 'NEUTRAL'
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JPMORGAN RAISES COMPASS GROUP PRICE TARGET TO 1,390 (1,305) PENCE - 'NEUTRAL'
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DEUTSCHE BANK CUTS MONDI PRICE TARGET TO 1,700 (1,750) PENCE - 'BUY'
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DEUTSCHE BANK RAISES FRESNILLO PRICE TARGET TO 970 (790) PENCE - 'SELL'
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DEUTSCHE BANK RAISES RANDGOLD RESOURCES TARGET TO 6,700 (5,560) PENCE - 'HOLD'
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CITIGROUP CUTS EASYJET PRICE TARGET TO 1,600 (1,800) PENCE - 'BUY'
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DEUTSCHE BANK CUTS BAE SYSTEMS PRICE TARGET TO 518 (520) PENCE - 'BUY'
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CITIGROUP RAISES MEDICLINIC TO 'BUY' ('NEUTRAL') - TARGET 1,150 (990) PENCE
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CITIGROUP CUTS KINGFISHER TO 'SELL'
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CITIGROUP CUTS NEXT TO 'NEUTRAL' ('BUY')
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BERENBERG RAISES PEARSON PRICE TARGET TO 790 (730) PENCE - 'SELL'
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FTSE 250
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JPMORGAN CUTS SENIOR PRICE TARGET TO 220 (240) PENCE - 'NEUTRAL'
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JPMORGAN CUTS QINETIQ PRICE TARGET TO 245 (265) PENCE - 'NEUTRAL'
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JPMORGAN RAISES THOMAS COOK PRICE TARGET TO 101 (90) PENCE - 'NEUTRAL'
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JPMORGAN RAISES SSP GROUP PRICE TARGET TO 357 (355) PENCE - 'OVERWEIGHT'
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JPMORGAN RAISES AGGREKO PRICE TARGET TO 1,179 (1,150) PENCE - 'NEUTRAL'
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JPMORGAN CUTS PARAGON GROUP TO 'UNDERWEIGHT' ('NEUTRAL') - TARGET 230 (360)P
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JPMORGAN CUTS ASHMORE GROUP PRICE TARGET TO 220 (230) PENCE - 'UNDERWEIGHT'
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Deutsche Cuts esure Target To 267p From 290p, Maintains Hold
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JPMORGAN CUTS ALDERMORE PRICE TARGET TO 165 (275) PENCE - 'NEUTRAL'
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JPMORGAN CUTS ALDERMORE TO 'NEUTRAL' ('OVERWEIGHT') - TARGET 165 (275) PENCE
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JPMORGAN CUTS ABERDEEN ASSET MANAG PRICE TARGET TO 235 (275) PENCE - 'NEUTRAL'
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JPMORGAN CUTS HENDERSON TO 'NEUTRAL' ('OVERWEIGHT') - TARGET 225 (320) PENCE
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JPMORGAN CUTS MAN GROUP PRICE TARGET TO 125 (170) PENCE - 'NEUTRAL'
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JPMORGAN CUTS JUPITER FUND PRICE TARGET TO 380 (435) PENCE - 'NEUTRAL'
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JPMORGAN CUTS INTERMEDIATE CAPITAL TARGET TO 630 (700) PENCE - 'OVERWEIGHT'
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JPMORGAN CUTS HENDERSON GROUP PRICE TARGET TO 225 (320) PENCE - 'NEUTRAL'
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Numis Ups Sophos To Add From Hold, Keeps Target At 213p
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Numis Lifts OneSavings Bank To Buy From Hold, Keeps Target At 252p
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LIBERUM RAISES CAIRN ENERGY PRICE TARGET TO 209 (175) PENCE - 'HOLD'
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LIBERUM CUTS TULLOW OIL TO 'SELL' ('HOLD') - TARGET 178 (170) PENCE
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HSBC CUTS PHOENIX GROUP PRICE TARGET TO 884 (966) PENCE - 'HOLD'
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HSBC RAISES LANCASHIRE HLDGS PRICE TARGET TO 730 (680) PENCE - 'BUY'
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HSBC RAISES JLT GROUP PRICE TARGET TO 1,050 (1,020) PENCE - 'BUY'
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HSBC CUTS HASTINGS GROUP PRICE TARGET TO 185 (190) PENCE - 'HOLD'
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HSBC CUTS ESURE GROUP PRICE TARGET TO 300 (307) PENCE - 'BUY'
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GOLDMAN RAISES WEIR GROUP TARGET TO 1,450 (1,400) PENCE - 'CONVICTION BUY LIST'
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EXANE BNP CUTS OCADO PRICE TARGET TO 215 (250) PENCE - 'NEUTRAL'
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JEFFERIES RAISES PETROFAC TO 'BUY' ('HOLD') - TARGET 835 (855) PENCE
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JEFFERIES RAISES INDIVIOR PRICE TARGET TO 285 (245) PENCE - 'BUY'
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JEFFERIES RAISES BTG PRICE TARGET TO 860 (840) PENCE - 'BUY'
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JPMORGAN CUTS MEGGITT PRICE TARGET TO 385 (405) PENCE - 'UNDERWEIGHT'
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JPMORGAN CUTS CLOSE BROTHERS PRICE TARGET TO 1,400 (1,600) PENCE - 'OVERWEIGHT'
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TRADERS: CREDIT SUISSE CUTS ELECTROCOMPONENTS TO 'UNDERPERFORM' ('NEUTRAL')
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GOLDMAN CUTS METRO BANK PRICE TARGET TO 1570 (2070) PENCE- 'NEUTRAL'
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BARCLAYS RAISES LANCASHIRE HLDGS TARGET TO 529 (419) PENCE - 'UNDERWEIGHT'
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BARCLAYS RAISES HISCOX PRICE TARGET TO 714 (684) PENCE - 'UNDERWEIGHT'
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BARCLAYS RAISES HASTINGS GROUP PRICE TARGET TO 231 (224) PENCE - 'OVERWEIGHT'
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BARCLAYS RAISES ESURE GROUP PRICE TARGET TO 334 (315) PENCE - 'OVERWEIGHT'
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TRADERS: GOLDMAN RAISES DERWENT LONDON TO 'BUY' ('NEUTRAL')
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TRADERS: GOLDMAN RAISES GREAT PORTLAND TO 'NEUTRAL' ('SELL')
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GOLDMAN CUTS SHAWBROOK TO 'NEUTRAL' ('BUY') - TARGET 230 (390) PENCE
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GOLDMAN CUTS VIRGIN MONEY PRICE TARGET TO 270 (450) PENCE - 'NEUTRAL'
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RBC CAPITAL CUTS CYBG TO 'UNDERPERFORM' (OUTPERFORM) - TARGET 200 (340) PENCE
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GOLDMAN CUTS SAGA PRICE TARGET TO 240 (245) PENCE - 'BUY'
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GOLDMAN RAISES HASTINGS GROUP PRICE TARGET TO 214 (204) PENCE - 'BUY'
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DEUTSCHE BANK RAISES POLYMETAL PRICE TARGET TO 780 (610) PENCE - 'HOLD'
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DEUTSCHE BANK RAISES ACACIA MINING PRICE TARGET TO 470 (340) PENCE - 'BUY'
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DEUTSCHE BANK CUTS ULTRA ELECTRONICS TARGET TO 1,732 (1,835) PENCE - 'HOLD'
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DEUTSCHE BANK CUTS MEGGITT PRICE TARGET TO 376 (380) PENCE - 'HOLD'
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DEUTSCHE BANK RAISES COBHAM PRICE TARGET TO 154 (152) PENCE - 'HOLD'
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CITIGROUP CUTS HALFORDS TO 'SELL'
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CITIGROUP CUTS DEBENHAMS TO 'NEUTRAL' ('BUY')
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CITIGROUP RAISES INCHCAPE TO 'BUY'
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MAIN MARKET AND AIM
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JPMORGAN CUTS ARROW GLOBAL PRICE TARGET TO 300 (320) PENCE - 'OVERWEIGHT'
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LIBERUM RAISES XCITE ENERGY PRICE TARGET TO 46 (43) PENCE - 'BUY'
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LIBERUM RAISES ROCKHOPPER EXPLORATION PRICE TARGET TO 123 (115) PENCE - 'BUY'
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LIBERUM RAISES PREMIER OIL PRICE TARGET TO 136 (77) PENCE - 'BUY'
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LIBERUM RAISES FAROE PETROLEUM PRICE TARGET TO 70 (58) PENCE - 'HOLD'
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LIBERUM RAISES OPHIR ENERGY TO 'HOLD' ('SELL') - TARGET 72 (67) PENCE
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LIBERUM RAISES GENEL ENERGY TO 'BUY' ('HOLD') - TARGET 179 (100) PENCE
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LIBERUM CUTS RPS GROUP PRICE TARGET TO 190 (200) PENCE - 'BUY'
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GOLDMAN CUTS SECURE INCOME TO 'NEUTRAL' ('BUY') - TRADERS
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.

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