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CORRECT: LONDON BROKER RATINGS: Morgan Stanley cuts Lloyds

Mon, 17th Oct 2022 12:39

(Correcting to clarify that Morgan Stanley did not lift its Standard Chartered recommendation, only its price target for the stock.)

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

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FTSE 100

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Morgan Stanley cuts Lloyds Banking to 'equal-weight' (overweight) - price target 58 (63) pence

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Morgan Stanley raises Standard Chartered target to 797 (645) pence - 'equal-weight'

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Barclays cuts St James's Place target to 1,673 (1,800) pence - 'equal weight'

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Citigroup cuts Auto Trader price target to 530 (620) pence - 'neutral'

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Deutsche Bank cuts WPP price target to 1,100 (1,370) pence - 'buy'

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UBS cuts Reckitt Benckiser price target to 7,800 (8,700) pence - 'buy'

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UBS cuts Unilever price target to 3,170 (3,670) pence - 'sell'

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UBS cuts Whitbread price target to 3,550 (3,900) pence - 'buy'

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Bank of America cuts IAG price target to 135 (150) pence - 'neutral'

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Stifel cuts Rolls-Royce price target to 75 (90) pence - 'hold'

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Jefferies cuts Intertek price target to 4,200 (4,700) pence - 'hold'

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Credit Suisse cuts United Utilities target to 980 (1,170) pence - 'neutral'

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FTSE 250

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Barclays cuts International Distributions Services to 'equal weight' (overweight) - price target 250 (320) pence

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RBC cuts Pets At Home price target to 255 (290) pence - 'underperform'

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RBC cuts Marks & Spencer price target to 105 (110) pence - 'sector perform'

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SMALL CAP

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Stifel cuts Senior to 'hold' ('buy') - target 130 (200) pence

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RBC cuts Superdry price target to 155 (280) pence - 'outperform'

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Berenberg cuts Sabre Insurance price target to 119 (123) pence - 'hold'

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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