LONDON BROKER RATINGS: HSBC cuts NCC; Exane BNP cuts Man Group

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

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FTSE 100

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Jefferies cuts BP price target to 540 (550) pence - 'hold'

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Jefferies cuts Johnson Matthey price target to 2,300 (2,400) pence - 'buy'

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Bernstein cuts J Sainsbury price target to 200 (210) pence - 'market-perform'

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Berenberg cuts Admiral price target to 2,543 (2,688) pence - 'buy'

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RBC cuts Next price target to 7,200 (7,500) pence - 'outperform'

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Credit Suisse raises Next price target to 6,150 (6,100) pence - 'underperform'

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Barclays raises Anglo American to 'overweight' (equal weight) - price target 3,250 (2,900) pence

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Barclays cuts Hiscox price target to 1,102 (1,140) pence - 'equal weight'

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Barclays raises Reckitt Benckiser price target to 7,800 (7,500) pence - 'overweight'

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Deutsche Bank cuts Reckitt price target to 6,250 (6,500) pence - 'hold'

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Goldman Sachs cuts Rentokil Initial price target to 600 (615) pence - 'neutral'

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Goldman Sachs raises Ashtead Group price target to 6,850 (6,400) pence - 'buy'

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FTSE 250

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Exane BNP cuts Man Group to 'underperform' (neutral) - price target 210 (232) pence

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Deutsche Bank raises Ascential price target to 240 (230) pence - 'hold'

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Shore Capital starts Dunelm with 'hold'

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Barclays raises Marks & Spencer price target to 200 (165) pence - 'overweight'

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Barclays cuts IWG price target to 150 (170) pence - 'equal weight'

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HSBC cuts NCC to 'hold' (buy) - price target 117 (245) pence

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Jefferies cuts NCC price target to 131 (245) pence - 'buy'

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JPMorgan cuts Drax price target to 875 (900) pence - 'overweight'

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Jefferies cuts Vistry price target to 933 (987) pence - 'buy'

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Jefferies raises Bellway price target to 2,780 (2,661) pence - 'buy'

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Jefferies raises Travis Perkins price target to 1,060 (1,048) pence - 'hold'

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SMALL CAP

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RBC raises Fevertree Drinks price target to 1,000 (800) pence - 'underperform'

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