LONDON BROKER RATINGS: JPMorgan downgrades Deliveroo to underweight

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

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FTSE 100

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Bernstein raises National Grid target to 1,150 (1,100) pence - 'market-perform'

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JPMorgan raises Glencore price target to 650 (630) pence - 'overweight'

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Goldman Sachs cuts Tesco price target to 310 (315) pence - 'buy'

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JPMorgan raises Halma price target to 2,435 (2,415) pence - 'underweight'

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Jefferies cuts United Utilities price target to 950 (1,000) pence - 'hold'

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FTSE 250

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Jefferies raises Petrofac price target to 160 (130) pence - 'buy'

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Credit Suisse cuts Asos price target to 1,450 (2,850) pence - 'outperform'

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Barclays cuts Asos price target to 1,075 (1,615) pence - 'equal weight'

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Jefferies cuts Pennon price target to 840 (900) pence - 'underperform'

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SMALL CAP

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Berenberg cuts ITM Power price target to 185 (225) pence - 'sell'

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JPMorgan cuts Just Eat Takeaway.com price target to 1,446 (1,758) pence - 'neutral'

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JPMorgan cuts Deliveroo to 'underweight' (neutral) - price target 81 (94) pence

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