LONDON BROKER RATINGS: Berenberg raises Energean, lowers Shell target

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

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FTSE 100

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Berenberg cuts Shell price target to 3,150 (3,300) pence - 'buy'

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Berenberg cuts BP price target to 395 (450) pence - 'hold'

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UBS cuts Mondi price target to 1,280 (1,440) pence - 'buy'

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Deutsche Bank Research raises Prudential price target to 900 (870) pence - 'hold'

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Morgan Stanley cuts Melrose Industries target to 470 (590) pence - 'equal-weight'

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Deutsche Bank Research cuts Rentokil Initial price target to 425 (465) pence - 'buy'

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JPMorgan raises J Sainsbury price target to 330 (305) pence - 'overweight'

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RBC cuts J Sainsbury price target to 280 (300) pence - 'outperform'

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FTSE 250

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RBC cuts WH Smith price target to 1,200 (1,300) pence - 'outperform'

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Deutsche Bank raises Dunelm Group price target to 1,280 (1,270) pence - 'buy'

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RBC raises B&M European Value Retail price target to 360 (350) pence - 'outperform'

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Barclays raises Tate & Lyle to 'overweight' (equal weight) - price target 740 (750) pence

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JPMorgan cuts ITV price target to 112 (115) pence - 'overweight'

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Deutsche Bank Research cuts Man Group price target to 225 (275) pence - 'buy'

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Morgan Stanley cuts Man Group price target to 164 (179) pence - 'equal-weight'

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Deutsche Bank raises Ninety One price target to 145 (140) pence - 'hold'

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Berenberg raises Energean to 'buy' (hold) - price target 1,000 (940) pence

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Berenberg cuts Harbour Energy price target to 200 (205) pence - 'hold'

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SMALL CAP

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Barclays raises Jet2 price target to 2,100 (1,900) pence - 'overweight'

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UBS raises Wise price target to 1,300 (1,240) pence - 'buy'

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RBC raises Halfords price target to 150 (145) pence - 'sector perform'

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Berenberg cuts Griffin Mining price target to 200 (210) pence - 'buy'

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