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LONDON BROKER RATINGS: Berenberg ups miners; UBS ups Phoenix, cuts M&G

Wed, 17th Dec 2025 09:19

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

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FTSE 100

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UBS cuts Admiral to 'neutral' - price target 3,300 pence

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Keefe Bruyette & Woods raises HSBC to 'outperform' - price target 1,240 pence

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Berenberg raises Rio Tinto price target to 5,300 (5,200) pence - 'hold'

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Berenberg raises Glencore to 'buy' (hold) - price target 480 (350) pence

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Berenberg raises Fresnillo price target to 3,400 (2,600) pence - 'buy'

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Berenberg raises Endeavour Mining price target to 4,600 (4,300) pence - 'buy'

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Berenberg raises Antofagasta price target to 3,300 (2,900) pence - 'buy'

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Berenberg raises Anglo American price target to 3,400 (3,100) pence - 'buy'

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UBS raises Phoenix Group to 'buy' (neutral) - price target 770 (670) pence

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UBS cuts M&G to 'neutral' (buy) - price target 290 (275) pence

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UBS cuts Legal & General price target to 260 (275) pence - 'neutral'

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Bernstein reinitiates Smith & Nephew with 'market-perform' - price target 1355 P

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BofA raises Intercontinental Hotels price target to 11,700 (10,200) pence - 'buy'

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FTSE 250

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Barclays raises IntegraFin price target to 440 (430) pence - 'overweight'

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Deutsche Bank Research raises IG Group price target to 1,375 (1,300) pence - 'buy'

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RBC raises Serco price target to 290 (280) pence - 'outperform'

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Barclays cuts Grainger price target to 210 (225) pence - 'equal Weight'

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Bernstein raises ITV price target to 76 (74) pence - 'market-perform'

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Berenberg raises Hochschild Mining price target to 430 (400) pence - 'hold'

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Berenberg raises Atalaya Mining price target to 930 (760) pence - 'buy'

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Berenberg raises SSP price target to 230 (190) pence - 'buy'

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Jefferies cuts Hunting to 'hold' (buy) - price target 400 pence

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SMALL CAP

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Berenberg cuts Victoria price target to 100 (170) pence - 'buy'

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Berenberg raises Yellow Cake price target to 704 (668) pence - 'buy'

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Berenberg raises Wheaton Precious Metals target to 11,200 (9,700) pence - 'buy'

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Berenberg raises Valterra Platinum price target to 4,600 (3,200) pence - 'sell'

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Berenberg raises Sylvania Platinum price target to 127 (109) pence - 'buy'

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Berenberg raises Resolute Mining price target to 74 (64) pence - 'buy'

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Berenberg raises Rainbow Rare Earths price target to 34 (33) pence - 'buy'

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Berenberg raises Pan African Resource price target to 125 (112) pence - 'buy'

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Berenberg cuts Kenmare Resources price target to 290 (300) pence - 'hold'

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Berenberg raises Griffin Mining price target to 250 (240) pence - 'buy'

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Berenberg raises Ecora Resources price target to 150 (120) pence - 'buy'

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Berenberg raises BHP price target to 2,000 (1,900) pence - 'sell'

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Berenberg cuts Andrada Mining price target to 8 (10) pence - 'buy'

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Berenberg reinitiates ACG Metals with 'buy' - price target 2,100 pence

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Copyright 2025 Alliance News Ltd. All Rights Reserved.

Admiral HSBC Holdings Rio Tinto Glencore Fresnillo Endeavour Mining Antofagasta Anglo American Legal & General M&G InterContinental Hotels IntegraFin Holdings IG Serco Grainger plc ITV Hochschild Atalaya Mining SSP Group Hunting Victoria Wheaton Precious Metals Corp. Valterra Platinum Sylvania Platinum Resolute Mining Rainbow Rare Earths Pan African Resources Kenmare Resources Griffin Mining Ecora Royalties PLC BHP Group Andrada Mining Acg Metals

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