LONDON BROKER RATINGS: Deutsche Bank cuts Rentokil; BofA lifts Mony

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

----------

FTSE 100

----------

Barclays cuts Rio Tinto to 'equal weight' - price target 6,600 (6,885) pence

----------

Jefferies raises Glencore price target to 590 (560) pence - 'buy'

----------

Barclays raises Glencore price target to 550 (525) pence - 'overweight'

----------

Berenberg raises Shell price target to 3,300 (3,250) pence - 'buy'

----------

Berenberg raises National Grid price target to 1,300 (1,070) pence - 'hold'

----------

Deutsche Bank Research cuts Rentokil Initial to 'hold' (buy) - price target 465 (505) pence

----------

Goldman Sachs raises Standard Chartered price target to 2,135 (2,025) pence - 'buy'

----------

Jefferies cuts Admiral Group price target to 3,580 (4,100) pence - 'buy'

----------

Jefferies raises Unilever price target to 4,300 (4,100) pence - 'underperform'

----------

FTSE 250

----------

Bank of America raises Mony Group to 'neutral' (underperform) - price target 175 (173) pence

----------

Barclays cuts Mony Group price target to 215 (255) pence - 'overweight'

----------

Barclays raises IG Group price target to 1,755 (1,350) pence - 'overweight'

----------

Jefferies raises Ashmore Group to 'buy' (hold) - price target 285 (170) pence

----------

Peel Hunt starts Qinetiq with 'hold' - price target 500 pence

----------

Peel Hunt starts Chemring with 'buy' - price target 600 pence

----------

JPMorgan cuts Johnson Matthey to 'neutral' - price target 2,000 (2,250) pence

----------

Deutsche Bank Research cuts Johnson Matthey price target to 2,120 (2,400) pence - 'buy'

----------

SMALL CAP, AIM AND OTHER MAIN MARKET

----------

RBC raises Fevertree Drinks price target to 1,030 (900) pence - 'sector perform'

----------

Peel Hunt starts Cohort with 'buy' - price target 1,430 pence

----------

Barclays cuts Tullow Oil price target to 35 (50) pence - 'overweight'

----------

Citigroup raises BHP Group price target to 2,800 (2,600) pence - 'neutral'

----------

Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.

BHP Group

Tullow Oil

Cohort

Fevertree

Johnson Matthey

Chemring

Qinetiq

Ashmore Group

IG

Moneysupermarket.Com

Unilever

Admiral

Standard Chartered

Rentokil Initial

National Grid

Shell

Glencore

Rio Tinto