LONDON BROKER RATINGS: Exane BNP cuts Shell; JPMorgan cuts WPP

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

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FTSE 100

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Exane BNP cuts Shell to 'neutral' (outperform)

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Goldman Sachs cuts Shell price target to 40 (41) EUR - 'buy'

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Goldman Sachs cuts BP price target to 620 (640) pence - 'buy'

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JPMorgan raises Informa price target to 840 (780) pence - 'neutral'

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JPMorgan cuts Pearson price target to 1,160 (1,210) pence - 'overweight'

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JPMorgan raises Relx price target to 3,770 (3,220) pence - 'overweight'

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HSBC cuts Anglo American to 'hold' - price target 1,800 pence

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JPMorgan cuts Burberry price target to 1,650 (1,800) pence - 'neutral'

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Barclays raises Sainsbury price target to 340 (310) pence - 'overweight'

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JPMorgan cuts WPP to 'neutral' (overweight) - price target 850 (1,170) pence

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Barclays raises Tesco price target to 350 (335) pence - 'overweight'

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JPMorgan raises JD Sports Fashion target to 211 (210) pence - 'overweight'

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FTSE 250

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HSBC cuts Aston Martin price target to 255 (380) pence - 'hold'

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UBS cuts Victrex price target to 1,300 (1,330) pence - 'sell'

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RBC raises Paragon Banking to 'outperform' (sector perform) - price target 850 (700) pence

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JPMorgan cuts ITV price target to 106 (130) pence - 'overweight'

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SMALL CAP

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Barclays cuts RWS price target to 320 (465) pence - 'overweight'

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SocGen raises Ferguson price target to 14,764 (12,834) pence - 'hold'

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