LONDON BROKER RATINGS: Berenberg cuts Fresnillo; Citi cuts Babcock

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

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FTSE 100

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Jefferies raises Rentokil Initial price target to 540 (475) pence - 'buy'

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Jefferies cuts Beazley to 'hold' (buy) - price target 1,310 (982) pence

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Berenberg raises Phoenix Group price target to 918 (852) pence - 'buy'

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Goldman Sachs raises Phoenix Group price target to 761 (752) pence - 'neutral'

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JPMorgan raises Phoenix Group price target to 620 (605) pence - 'underweight'

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JPMorgan raises HSBC price target to 1,190 (1,060) pence - 'neutral'

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JPMorgan raises Standard Chartered target to 2,170 (1,880) pence - 'overweight'

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Barclays raises Coca-Cola HBC price target to 4,900 (4,700) pence - 'overweight'

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Barclays raises Airtel Africa price target to 350 (330) pence - 'overweight'

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Berenberg cuts Fresnillo to 'hold' (buy) - price target 3,800 (3,400) pence

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Bernstein raises National Grid price target to 1,420 (1,300) pence - 'outperform'

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Citigroup cuts Babcock International to 'neutral' (buy) - price target 1,554 (1,338) pence

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Goldman Sachs raises GSK price target to 1,830 (1,740) pence - 'neutral'

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FTSE 250

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Citigroup raises B&M European Value Retail price target to 180 (165) pence - 'neutral'

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Barclays raises Watches of Switzerland target to 645 (640) pence - 'overweight'

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Goldman Sachs raises Watches of Switzerland price target to 590 (575) pence - 'buy'

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UBS cuts Watches of Switzerland price target to 540 (555) pence - 'neutral'

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SMALL CAP

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Berenberg cuts Kerry Group price target to 99 (107) EUR - 'buy'

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Deutsche Bank Research cuts YouGov price target to 370 (438) pence - 'buy'

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Rentokil Initial

Beazley

HSBC Holdings

Standard Chartered

Coca-Cola HBC

Airtel Africa

Fresnillo

National Grid

Babcock

Glaxosmithkline

B&M

Watches Switz

YouGov