LONDON BROKER RATINGS: Downgrades for AB Foods, BT and Royal Mail

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

----------

FTSE 100

----------

SocGen cuts AB Foods to 'hold' ('buy') - target 2,100 (2,500) pence

----------

Credit Suisse cuts BT to 'neutral' ('outperform') - target 200 pence

----------

Liberum cuts Royal Mail to 'sell' ('hold') - target 355 (470) pence

----------

JPMorgan cuts Pearson price target to 900 (930) pence - 'overweight'

----------

JPMorgan cuts Flutter Entertainment price target to 15,990 (17,010) pence - 'overweight'

----------

JPMorgan raises Smith & Nephew price target to 1,442 (1,376) pence - 'neutral'

----------

JPMorgan cuts Hikma Pharmaceuticals target to 2,900 (3,000) pence - 'overweight'

----------

RBC raises NatWest price target to 300 (280) pence - 'outperform'

----------

FTSE 250

----------

Berenberg cuts XP Power price target to 5,600 (6,225) pence - 'buy'

----------

Liberum cuts Travis Perkins price target to 2,020 (2,065) pence - 'buy'

----------

Deutsche Bank cuts Travis Perkins price target to 1,961 (2,105) pence - 'buy'

----------

Peel Hunt raises Travis Perkins to 'buy' ('add') - target 1,850 pence

----------

SMALL CAP

----------

Berenberg cuts Senior price target to 150 (180) pence - 'hold'

----------

Copyright 2022 Alliance News Limited. All Rights Reserved.