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LONDON BROKER RATINGS: RBC cuts Legal & General to 'sector perform'

Wed, 17th Jul 2024 09:40

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

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FTSE 100

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Barclays cuts Burberry price target to 820 (1,000) pence - 'equal weight'

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Barclays cuts B&M European Value Retail price target to 600 (615) pence - 'overweight'

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Goldman Sachs cuts B&M European Value Retail price target to 570 (590) pence - 'buy'

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UBS cuts Intermediate Capital Group price target to 2,550 (2,700) pence - 'buy'

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Royal Bank of Canada cuts Legal & General to 'sector perform' (outperform) - price target 245 (295) pence

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Berenberg cuts Rio Tinto price target to 5,700 (5,800) pence - 'hold'

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JPMorgan cuts Rio Tinto price target to 6,500 (6,650) pence - 'overweight'

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DZ Bank cuts fair value for Rio Tinto to 5,300 (5,500) pence - 'hold'

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FTSE 250

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Barclays cuts Ocado price target to 355 (400) pence - 'underweight'

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Berenberg raises IntegraFin price target to 400 (390) pence - 'buy'

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Jefferies raises IntegraFin price target to 355 (350) pence - 'hold'

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JPMorgan cuts abrdn price target to 160 (161) pence - 'neutral'

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Jefferies raises Balfour Beatty price target to 452 (445) pence - 'buy'

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Jefferies raises JD Wetherspoon price target to 1,000 (925) pence - 'buy'

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SMALL CAP

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UBS raises Wise price target to 1,020 (1,000) pence - 'buy'

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Jefferies raises Wise price target to 986 (872) pence - 'buy'

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Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

Burberry B&M Icg Plc Legal & General Rio Tinto Ocado Wise Group Abrdn Balfour Beatty IntegraFin Holdings Wetherspoon (J.D)

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