LONDON BROKER RATINGS: JPMorgan downgrades Admiral and Direct Line

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

----------

FTSE 100

----------

JPMorgan cuts Admiral Group to 'underweight' (neutral) - price target 1,750 (3,000) p

----------

Deutsche Bank cuts Admiral Group target to 2,560 (2,630) pence - 'hold'

----------

JPMorgan places British American Tobacco on 'positive catalyst watch'; raises price target to 4,500 (4,000) p - 'overweight'

----------

JPMorgan cuts IAG price target to 1.25 (1.95) EUR - 'neutral'

----------

JPMorgan raises Shell price target to 3,000 (2,850) pence - 'overweight'

----------

JPMorgan places BP on 'negative catalyst watch' into results; raises price target to 530 (500) pence - 'overweight'

----------

JPMorgan raises BAE Systems price target to 870 (850) pence - 'neutral'

----------

Barclays cuts Entain price target to 1,950 (2,100) pence - 'overweight'

----------

Barclays cuts Hargreaves Lansdown target to 1,175 (1,430) pence - 'overweight'

----------

Morgan Stanley raises Prudential price target to 1,687 (1,605) pence - 'overweight'

----------

Credit Suisse raises GSK price target to 1,600 (1,400) pence - 'underperform'

----------

UBS cuts Ocado price target to 950 (2,100) pence - 'neutral'

----------

FTSE 250

----------

JPMorgan cuts Direct Line to 'neutral' (overweight) - price target 240 (315) pence

----------

Berenberg raises Direct Line to 'buy' (hold) - price target 277 pence

----------

Deutsche Bank cuts Direct Line target to 290 (300) pence - 'hold'

----------

JPMorgan cuts easyJet to 'underweight' (neutral) - price target 310 (625) pence

----------

Barclays cuts Chemring Group to 'underweight' (equal weight) - price target 336 (360) p

----------

HSBC cuts Wizz Air to 'reduce' (hold)

----------

JPMorgan cuts Wizz Air price target to 4,000 (4,500) pence - 'overweight'

----------

Peel Hunt cuts Ultra Electronics to 'hold'

----------

JPMorgan cuts Ashmore Group price target to 190 (204) pence - 'underweight'

----------

Barclays cuts AJ Bell price target to 280 (320) pence - 'underweight'

----------

Barclays cuts IntegraFin price target to 380 (470) pence - 'overweight'

----------

Barclays cuts Network International price target to 290 (355) pence - 'overweight'

----------

Barclays cuts Quilter price target to 100 (120) pence - 'underweight'

----------

HSBC cuts SSP Group price target to 350 (365) pence - 'buy'

----------

Morgan Stanley cuts JD Wetherspoon target to 790 (980) pence - 'equal-weight'

----------

Credit Suisse raises Beazley price target to 540 (480) pence - 'neutral'

----------

SMALL CAP

----------

Barclays raises Senior to 'overweight' (underweight) - price target 183 (137) pence

----------

Barclays cuts EnQuest energy price target to 21 (23) pence - 'underweight'

----------

Berenberg raises Kenmare Resources price target to 790 (750) pence - 'buy'

----------

Berenberg cuts Pan African resources price target to 30 (31) pence - 'buy'

----------

Berenberg cuts Atalaya Mining price target to 400 (430) pence - 'buy'

----------

Berenberg cuts Sabre Insurance price target to 123 (229) pence - 'hold'

----------

Liberum cuts Fevertree Drinks price target to 1,100 (2,300) pence - 'buy'

----------

Copyright 2022 Alliance News Limited. All Rights Reserved.

Admiral

British American Tobacco

International Airlines

Shell

BP

BAE Systems

Entain

Prudential

Glaxosmithkline

Ocado

easyJet

Chemring

Wizz Air

Ashmore Group

AJ Bell

IntegraFin Holdings

Quilter

SSP Group

Wetherspoon (J.D)

Beazley

Senior

Enquest

Kenmare Resources

Pan African Resources

Atalaya Mining

Sabre Insurance Group

Fevertree