BROKER RATINGS SUMMARY: Liberum Initiates Royal Mail With Sell Rating

LONDON (Alliance News) - The following shares received analyst recommendations Thursday morning:
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FTSE 100
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LIBERUM INITIATES ROYAL MAIL WITH 'SELL' - TARGET 360 PENCE
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UBS RAISES SAGE GROUP PRICE TARGET TO 510 (490) PENCE - 'SELL'
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HSBC RAISES RECKITT BENCKISER TO 'BUY' (HOLD) - PRICE TARGET 7000 (6300) PENCE
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EXANE BNP RAISES SMITH & NEPHEW PRICE TARGET TO 1375 (1350) P - 'OUTPERFORM'
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DEUTSCHE BANK RAISES HAMMERSON PRICE TARGET TO 775 (750) PENCE - 'BUY'
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HSBC CUTS WOLSELEY PRICE TARGET TO 4450 (4550) PENCE - 'BUY'
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GOLDMAN RAISES SEVERN TRENT PRICE TARGET TO 2325 (2290) PENCE - 'NEUTRAL'
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GOLDMAN CUTS NEXT PRICE TARGET TO 7900 (8700) PENCE - 'BUY'
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GOLDMAN RAISES ASTRAZENECA PRICE TARGET TO 4400 (4300) PENCE - 'NEUTRAL'
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SOCGEN CUTS BURBERRY PRICE TARGET TO 1250 (1300) PENCE - 'HOLD'
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FTSE 250
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BARCLAYS CUTS IMI PRICE TARGET TO 895 (1380) PENCE - 'EQUAL WEIGHT'
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BARCLAYS CUTS LAIRD PRICE TARGET TO 350 (370) PENCE - 'EQUAL WEIGHT'
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BARCLAYS CUTS ROTORK PRICE TARGET TO 170 (287) PENCE - 'EQUAL WEIGHT'
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BARCLAYS RAISES HALMA PRICE TARGET TO 850 (715) PENCE - 'EQUAL WEIGHT'
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JEFFERIES RAISES JUST EAT PRICE TARGET TO 550 (515) PENCE - 'BUY'
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UBS RAISES MICRO FOCUS PRICE TARGET TO 1700 (1655) PENCE - 'BUY'
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UBS CUTS FIDESSA GROUP TO 'NEUTRAL' ('BUY') - TARGET 2030 PENCE
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UBS RAISES AVEVA GROUP PRICE TARGET TO 1800 (1750) PENCE - 'BUY'
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BARCLAYS CUTS SPECTRIS PRICE TARGET TO 1960 (2535) PENCE - 'OVERWEIGHT'
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BARCLAYS CUTS QINETIQ TO 'EQUAL WEIGHT' ('OVERWEIGHT') - TARGET 270 (220) PENCE
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BARCLAYS CUTS RENISHAW TO 'EQUAL WEIGHT' ('OW') - TARGET 1960 (2825) PENCE
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CITIGROUP RAISES HOME RETAIL PRICE TARGET TO 135 PENCE - 'NEUTRAL'
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SOCGEN RAISES TATE & LYLE PRICE TARGET TO 700 (640) PENCE - 'BUY'
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GOLDMAN CUTS PENNON GROUP PRICE TARGET TO 760 (775) PENCE - 'SELL'
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BARCLAYS CUTS MORGAN ADVANCED MATERIALS PT TO 240 (350) PENCE - 'EQUAL WEIGHT'
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BARCLAYS RAISES ULTRA ELECTRONICS PT TO 1910 (1790) PENCE - 'EQUAL WEIGHT'
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MAIN MARKET AND AIM
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BARCLAYS CUTS CHEMRING GROUP PRICE TARGET TO 155 (205) PENCE - 'UNDERWEIGHT'
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LIBERUM RAISES SPIRENT TO 'BUY' ('HOLD') - TARGET 90 PENCE
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PANMURE RAISES PENNA CONSULTING PRICE TARGET TO 340 (310) PENCE - 'BUY'
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UBS CUTS WANDISCO PRICE TARGET TO 210 (310) PENCE - 'BUY'
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BARCLAYS RAISES OXFORD INSTRUMENTS PT TO 840 (750) PENCE - 'OVERWEIGHT'
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

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