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LONDON BROKER RATINGS: Berenberg cuts Whitbread; Citi ups Severn Trent

Tue, 20th Jan 2026 09:31

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

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FTSE 100

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JPMorgan raises Barclays price target to 570 pence - 'overweight'

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JPMorgan raises Lloyds Banking price target to 117 pence - 'neutral'

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UBS raises Lloyds Banking price target to 103 (90) pence - 'neutral'

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JPMorgan raises NatWest price target to 750 pence - 'overweight'

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Berenberg cuts Whitbread to 'hold' (buy) - price target 2,900 pence

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UBS raises Whitbread price target to 3,605 (3,485) pence - 'buy

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Deutsche Bank Research cuts Sage Group price target to 1,200 (1,250) pence - 'hold'

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Citigroup raises Severn Trent to 'buy' (neutral) - price target 3,211 (2,849) pence

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FTSE 250

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RBC cuts Greggs price target to 1,970 (2,190) pence - 'outperform'

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RBC cuts Marshalls price target to 195 (240) pence - 'sector perform'

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RBC raises Dowlais price target to 94 (85) pence - 'sector perform'

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JPMorgan raises Aberdeen Group price target to 251 (249) pence - 'overweight'

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Citigroup raises Aberdeen Group price target to 225 (220) pence - 'neutral'

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Jefferies raises Man Group price target to 280 (240) pence - 'buy'

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Citigroup raises Man Group price target to 275 (190) pence - 'neutral'

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Berenberg cuts WH Smith price target to 657 (700) pence - 'hold'

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RBC raises Hunting price target to 500 (440) pence - 'outperform'

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Morgan Stanley cuts Hays price target to 44 (50) pence - 'Underweight'

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Morgan Stanley cuts PageGroup price target to 195 (215) pence - 'Underweight'

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Deutsche Bank Research starts Greencore with 'buy' - price target 325 pence

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Citigroup raises Pennon to 'buy' (neutral) - price target 628 (542) pence

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SMALL CAP

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Berenberg raises Flutter Entertainment price target to 21,300 (18,100) pence - 'buy'

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Berenberg raises Gym Group price target to 230 (200) pence - 'buy'

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Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Barclays Lloyds Natwest Whitbread Sage Group Severn Trent Greggs Marshalls Abrdn Man Wh Smith Hunting Hays PageGroup Greencore Pennon Flutter Entertainment Gym Grp

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