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LONDON BROKER RATINGS: JPMorgan cuts Severn Trent, neutral on abrdn

Tue, 28th Jun 2022 09:36

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

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FTSE 100

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HSBC cuts Tesco price target to 315 (350) pence - 'buy'

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HSBC cuts J Sainsbury price target to 220 (240) pence - 'hold'

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Morgan Stanley cuts Unilever price target to 3,550 (3,800) pence - 'equal-weight'

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Morgan Stanley cuts Diageo price target to 4,100 (4,500) pence - 'overweight'

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JPMorgan cuts Severn Trent to 'underweight' (neutral) - price target 2,700 (2,675) pence

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JPMorgan starts abrdn with 'neutral' - price target 187 pence

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Jefferies cuts Whitbread price target to 3,500 (3,550) pence - 'buy'

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FTSE 250

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Berenberg cuts Carnival price target to 800 (1,600) pence - 'hold'

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Berenberg cuts Quilter price target to 125 (162) pence - 'hold'

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JPMorgan cuts Pennon price target to 1,070 (1,200) pence - 'neutral'

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RBC cuts Virgin Money price target to 180 (200) pence - 'sector perform'

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SMALL CAP

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JPMorgan cuts Trustpilot price target to 135 (168) pence - 'neutral'

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