LONDON BROKER RATINGS: Bernstein raises Unilever and cuts Reckitt

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

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FTSE 100

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JPMorgan cuts Lloyds price target to 56 (63) pence - 'overweight'

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JPMorgan cuts Barclays price target to 220 (270) pence - 'overweight'

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JPMorgan cuts Natwest price target to 230 (270) pence - 'neutral'

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JPMorgan cuts Standard Chartered price target to 610 (660) pence - 'neutral'

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JPMorgan cuts HSBC price target to 510 (570) pence - 'neutral'

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Morgan Stanley cuts WPP price target to 1,030 (1,090) pence - 'equal-weight'

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Bernstein raises Unilever to 'market-perform' (underperform) - price target 3,300 (3,500) p

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Goldman Sachs cuts Unilever price target to 4,000 (4,200) pence - 'neutral'

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Bernstein cuts Reckitt to 'underperform' (market-perform) - price target 5,300 (5,500) p

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Goldman Sachs raises M&G price target to 220 (215) pence - 'neutral'

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Goldman Sachs cuts Legal & General price target to 340 (350) pence - 'buy'

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Jefferies cuts DS Smith price target to 430 (480) pence - 'buy'

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Jefferies cuts CRH price target to 53.10 (61.80) EUR - 'buy'

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Goldman Sachs raises Ashtead price target to 6,640 (6,600) pence - 'buy'

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FTSE 250

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Liberum cuts National Express price target to 290 (365) pence - 'buy'

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Berenberg cuts Hill & Smith price target to 1,825 (1,995) pence - 'buy'

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SMALL CAP

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Morgan Stanley raises Deliveroo price target to 208 (190) pence - 'equal weight'

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Berenberg cuts Craneware price target to 2,725 (3,100) pence - 'buy'

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Berenberg cuts Breedon price target to 120 (130) pence - 'buy'

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