LONDON BROKER RATINGS: United Utilities, Pennon, Severn Trent upgraded

(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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Citigroup raises Severn Trent to 'neutral' - price target 2,467 pence

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JPMorgan raises Severn Trent to 'overweight' (neutral) - price target 2,975 (2,700) pence

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Citigroup raises United Utilities to 'buy' - price target 1,137 pence

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JPMorgan cuts United Utilities price target to 1,175 (1,250) pence - 'overweight'

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UBS raises Pearson price target to 1,400 (1,200) pence - 'buy'

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RBC cuts Smith & Nephew price target to 1,400 (1,500) pence - 'outperform'

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Goldman Sachs cuts Lloyds Banking price target to 64 (73) pence - 'neutral'

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DZ Bank raises fair value for Unilever to 5,175 (5,100) pence - 'hold'

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HSBC raises Shell price target to 3,175 (3,015) pence - 'buy'

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FTSE 250

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JPMorgan raises Pennon to 'overweight' (neutral) - price target 700 (600) pence

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Citigroup cuts Pennon price target to 575 (677) pence - 'neutral'

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RBC cuts Close Brothers price target to 425 (435) pence - 'outperform'

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JPMorgan cuts Direct Line Insurance price target to 200 (210) pence - 'neutral'

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Deutsche Bank Research raises Moonpig price target to 290 (220) pence - 'buy'

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SMALL CAP

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Deutsche Bank Research raises Ryanair price target to 17.5 (17) EUR - 'hold'

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Bernstein raises Ryanair price target to 22.50 (22.00) EUR - 'outperform'

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RBC raises Ryanair price target to 21.00 (19.50) EUR - 'outperform'

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Barclays raises Ryanair price target to 21 (20) EUR - 'overweight'

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JPMorgan raises Ryanair price target to 19.00 (18.50) EUR - 'overweight'

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Severn Trent

United Utilities

Pearson

Shell

Smith & Nephew

Lloyds

Unilever

Pennon

Close Bros

Moonpig Gr