LONDON BROKER RATINGS: JPMorgan cuts BAT; raises Bunzl

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

----------

FTSE 100

----------

JPMorgan cuts British American Tobacco to 'neutral' (overweight)

----------

JPMorgan cuts British American Tobacco price target to 3,100 (3,600) pence

----------

Jefferies raises Flutter Entertainment price target to 18,000 (15,000) pence - 'buy'

----------

Jefferies raises Burberry price target to 2,400 (2,100) pence - 'hold'

----------

JPMorgan raises Bunzl to 'overweight' (neutral) - price target 3,375 (3,250) pence

----------

JPMorgan cuts Rio Tinto price target to 5,300 (5,500) pence - 'underweight'

----------

JPMorgan cuts Glencore price target to 620 (630) pence - 'overweight'

----------

UBS raises Informa price target to 700 (690) pence - 'neutral'

----------

UBS raises Taylor Wimpey price target to 128 (123) pence - 'buy'

----------

FTSE 250

----------

Jefferies raises Hikma Pharmaceuticals price target to 2,080 (1,930) pence - 'buy'

----------

Jefferies raises Premier Foods price target to 140 (130) pence - 'buy'

----------

Jefferies cuts Network International price target to 360 (388) pence - 'buy'

----------

Berenberg raises Coats price target to 100 (90) pence - 'buy'

----------

Morgan Stanley cuts Drax price target to 800 (850) pence - 'overweight'

----------

SMALL CAP

----------

Bernstein raises Deliveroo to 'outperform' - price target 170 pence

----------

JPMorgan raises BHP price target to 2,550 (2,510) pence - 'neutral'

----------

Jefferies raises Ferguson price target to 11,870 (10,852) pence - 'hold'

----------

Copyright 2023 Alliance News Ltd. All Rights Reserved.