LONDON BROKER RATINGS: Berenberg likes Glencore; UBS raises Segro

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

----------

FTSE 100

----------

Deutsche Bank raises Reckitt Benckiser price target to 5,400 (5,000) pence - 'hold'

----------

Jefferies raises Reckitt Benckiser price target to 5,100 (4,400) pence - 'hold'

----------

Oddo raises London Stock Exchange to 'outperform' (neutral) - price target 13,000 (11,000) pence

----------

Goldman Sachs raises British American Tobacco price target to 3,250 (3,200) pence - 'neutral'

----------

Goldman Sachs raises Imperial Brands price target to 3,350 (2,800) pence - 'buy'

----------

UBS raises ConvaTec price target to 375 (360) pence - 'buy'

----------

Berenberg starts Glencore with 'buy' - price target 380 pence

----------

Goldman Sachs raises United Utilities price target to 1,178 (1,176) pence - 'neutral'

----------

Goldman Sachs raises United Utilities price target to 1,178 (1,176) pence - 'neutral'

----------

Goldman Sachs cuts Bunzl price target to 2,980 (3,175) pence - 'sell'

----------

Barclays raises IMI price target to 2,320 (2,160) pence - 'overweight'

----------

Goldman Sachs raises Admiral price target to 3,000 (2,810) pence - 'sell'

----------

UBS raises Schroders price target to 465 (355) pence - 'buy'

----------

UBS raises Segro to 'buy' (neutral) - price target 875 (985) pence

----------

FTSE 250

----------

RBC raises Grafton price target to 1,220 (1,170) pence - 'outperform'

----------

UBS cuts Pennon price target to 625 (630) pence - 'buy'

----------

Berenberg cuts Spectris price target to 3,000 (3,180) pence - 'buy'

----------

Berenberg cuts Clarkson price target to 4,800 (5,075) pence - 'buy'

----------

Deutsche Bank cuts Clarkson price target to 5,100 (5,150) pence - 'buy'

----------

Deutsche Bank raises Vesuvius price target to 415 (400) pence - 'hold'

----------

Deutsche Bank cuts Just Group price target to 180 (185) pence - 'buy'

----------

SMALL CAP

----------

Berenberg cuts Sabre Insurance price target to 210 (213) pence - 'buy'

----------

Berenberg raises Nichols price target to 1,760 (1,630) pence - 'buy'

----------

Comments and questions to newsroom@alliancenews.com

Copyright 2025 Alliance News Ltd. All Rights Reserved.

Nichols plc

Sabre Insurance Group

Vesuvius

Clarkson

Pennon

Grafton Group

Segro

Schroders

Admiral

IMI

Bunzl

United Utilities

Glencore

ConvaTec

Imperial Brands

British American Tobacco

London Stock Exchange

Reckitt