LONDON BROKER RATINGS: Barclays cuts United Utilities and Severn Trent

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

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FTSE 100

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Stifel cuts Burberry price target to 2,400 (2,500) pence - 'buy'

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Kepler Cheuvreux cuts Burberry price target to 2,100 (2,200) pence - 'hold'

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Deutsche Bank research cuts Croda price target to 5,200 (5,600) pence - 'hold'

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Goldman Sachs cuts Entain price target to 1,450 (1,680) pence - 'buy'

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Goldman Sachs raises Informa price target to 1,004 (986) pence - 'buy'

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Barclays cuts United Utilities to 'equal weight' (overweight) - price target 1,290 (1,310) pence

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Barclays raises Severn Trent to 'overweight' (equal weight) - price target 3,360 (3,400) pence

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Barclays reinitiates National Grid with 'overweight' - price target 1,300 pence

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Bank of America cuts Smiths Group price target to 2,020 (2,060) pence - 'buy'

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FTSE 250

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Berenberg cuts Ceres Power price target to 1,025 (1,140) pence - 'buy'

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Barclays cuts Pennon price target to 1,090 (1,200) pence - 'overweight'

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JPMorgan cuts Drax price target to 740 (830) pence - 'overweight'

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Jefferies cuts Volution price target to 450 (490) pence - 'buy'

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Jefferies raises Essentra price target to 265 (255) pence - 'buy'

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SMALL CAP

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Berenberg cuts Kistos price target to 475 (480) pence - 'buy'

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Berenberg starts Macfarlane group with 'buy' - price target 145 pence

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Citigroup cuts Asos price target to 570 (600) pence - 'buy'

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Berenberg cuts Alliance Pharma price target to 90 (100) pence - 'buy'

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JPMorgan cuts Kerry Group price target to 100 (118) EUR - 'overweight'

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