LONDON BROKER RATINGS: Shell, Glencore, Smurfit and abrdn ratings cut

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

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FTSE 100

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Bank of America raises Barratt Developments price target to 510 (470) pence - 'buy'

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Berenberg cuts Unilever price target to 5,120 (5,190) pence - 'buy'

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UBS cuts Unilever price target to 3,020 (3,050) pence - 'sell'

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RBC cuts Unilever price target to 3,800 (3,900) pence - 'sector perform'

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JPMorgan cuts Smurfit Kappa to 'neutral' (overweight) - price target 3,400 (3,430) pence

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Stifel cuts InterContinental Hotels to 'hold' - price target 6000 pence

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JPMorgan raises Centrica price target to 130 (120) pence - 'overweight'

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Morgan Stanley cuts Shell to 'underweight' (equal-weight) - price target 2,625 (2,767) pence

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HSBC cuts abrdn to 'reduce' - price target 185 pence

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Berenberg raises GSK price target to 1,730 (1,580) pence - 'buy'

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RBC raises Melrose Industries price target to 175 (165) pence - 'outperform'

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UBS cuts Glencore to 'neutral' (buy) - price target 560 pence

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FTSE 250

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Kepler Cheuvreux raises Hays price target to 125.00 (116.76) pence - 'hold'

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Goldman Sachs cuts Watches of Switzerland target to 995 (1,020) pence - 'neutral'

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Credit Suisse raises Watches of Switzerland target to 1,225 (1,085) pence 'outperform'

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Jefferies cuts 888 Holdings price target to 145 (280) pence - 'buy'

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JPMorgan raises Redrow price target to 400 (380) pence - 'underweight'

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Berenberg raises Capital & Counties price target to 170 (160) pence - 'buy'

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Berenberg raises Shaftesbury price target to 571 (537) pence - 'buy'

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Deutsche Bank raises Direct Line price target to 180 (170) pence - 'hold'

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Barclays raises OSB Group price target to 800 (770) pence - 'overweight'

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Deutsche Bank cuts PZ Cussons price target to 260 (270) pence - 'buy'

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SMALL CAP

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Berenberg cuts Oxford Nanopore price target to 529 (671) pence - 'buy'

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Barclays raises Bank of Ireland price target to 12.50 (11) EUR - 'overweight'

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Barclays raises AIB Group target to 4.30 (3.80) EUR - 'equal weight'

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