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LONDON BROKER RATINGS: UBS and Evercore ISI both like Fermi

Tue, 28th Oct 2025 10:04

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

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FTSE 100

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UBS raises Spirax to 'buy' (neutral) - price target 10,500 (7,500) pence

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DZ Bank raises fair value for Unilever to 5,150 (5,100) pence - 'buy'

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LBBW raises Unilever price target to 4,700 (4,600) pence - 'hold'

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Jefferies raises Reckitt Benckiser price target to 5,500 (5,200) pence - 'hold'

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JPMorgan raises St James's Place target to 1,620 (1,600) pence - 'overweight'

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RBC raises Lloyds Banking price target to 110 (100) pence - 'outperform'

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RBC raises NatWest price target to 725 (650) pence - 'sector perform'

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Citigroup raises NatWest price target to 690 (640) pence - 'buy'

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JPMorgan cuts Antofagasta price target to 3,400 (3,500) pence - 'overweight'

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FTSE 250

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Jefferies cuts Big Yellow to 'hold' - price target 1,191 pence

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Barclays reinitiates Tritax Big Box REIT with 'overweight' - price target 175 pence

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JPMorgan raises Dunelm price target to 1,240 (1,225) pence - 'neutral'

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JPMorgan cuts Bodycote price target to 600 (610) pence - 'neutral'

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UBS cuts Trustpilot price target to 370 (400) pence - 'buy'

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SMALL CAP AND OTHER

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UBS starts Fermi with 'buy' - price target 30 USD

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Evercore ISI starts Fermi with 'outperform' - price target 37 USD

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Berenberg cuts RWS price target to 210 (240) pence - 'buy'

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Spirax-Sarco Unilever Reckitt St James's Place Lloyds Natwest Antofagasta Big Yellow Tritax Big Box Dunelm Bodycote Trustpilot Fermi Inc RWS Holdings

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