LONDON BROKER RATINGS: Berenberg likes Inchcape, cuts Devolver Digital

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

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FTSE 100

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RBC cuts Intertek price target to 3,900 (4,650) pence - 'underperform'

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JPMorgan raises Relx price target to 2,840 (2,800) pence - 'overweight'

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JPMorgan raises WPP price target to 1,290 (1,250) pence - 'overweight'

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JPMorgan raises Pearson price target to 1,080 (1,010) pence - 'overweight'

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JPMorgan raises Informa price target to 640 (620) pence - 'neutral'

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Deutsche Bank raises Kingfisher price target to 280 (270) pence - 'buy'

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Davy raises IAG to 'outperform' (neutral)

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FTSE 250

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Berenberg starts Inchcape with 'buy' - price target 1,035 pence

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JPMorgan cuts SSP price target to 320 (340) pence - 'overweight'

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Jefferies cuts 888 Holdings price target to 280 (370) pence - 'buy'

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UBS cuts Royal Mail price target to 205 (280) pence - 'neutral'

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Jefferies raises Ibstock price target to 187 (182) pence - 'hold'

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Jefferies cuts Qinetiq price target to 400 (411) pence - 'buy'

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Berenberg cuts Johnson Matthey price target to 2,200 (2,550) pence - 'buy'

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Berenberg cuts Tritax EuroBox price target to 100 (115) pence - 'buy'

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SMALL CAP

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Berenberg cuts Devolver Digital to 'hold' (buy) - price target 80 pence

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Jefferies raises Forterra price target to 261 (256) pence - 'hold'

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