UK BROKER RATINGS: Liberum Downgrades GlaxoSmithKline To Sell

LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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SOCGEN CUTS NEXT PRICE TARGET TO 6737 (6820) PENCE - 'HOLD'
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TRADERS: NOMURA RAISES AB FOODS PRICE TARGET TO 2480 (2400) PENCE - 'REDUCE'
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BERENBERG RAISES REED ELSEVIER PRICE TARGET TO 960 (930) PENCE - 'HOLD'
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MORGAN STANLEY CUTS SAINSBURY TO 'EQUAL-WEIGHT' ('OVERWEIGHT')
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SOCGEN RAISES BP PRICE TARGET TO 550 (540) PENCE - 'BUY'
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DEUTSCHE BANK CUTS ROYAL MAIL PRICE TARGET TO 400 (486) PENCE - 'HOLD'
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LIBERUM CUTS GLAXOSMITHKLINE TO 'SELL' ('HOLD') - TARGET 1350 (1500) PENCE
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HSBC CUTS NEXT TO 'NEUTRAL' ('OVERWEIGHT') - TARGET 7350 PENCE
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UBS RAISES RECKITT BENCKISER PRICE TARGET TO 4550 (4450) PENCE - 'SELL'
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JPMORGAN RAISES GKN PRICE TARGET TO 460 (430) PENCE - 'OVERWEIGHT'
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DEUTSCHE BANK CUTS ST JAMES'S PLACE PRICE TARGET TO 925 (950) PENCE - 'BUY'
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JPMORGAN RAISES ST JAMES'S PLACE PRICE TARGET TO 924 (909) PENCE - 'OVERWEIGHT'
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CREDIT SUISSE RAISES SMITH & NEPHEW PRICE TARGET TO 890 (865) PENCE - 'NEUTRAL'
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NUMIS RAISES STANDARD CHARTERED TO 'ADD' ('HOLD') - TARGET 1400 (1340) PENCE
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CANACCORD RAISES BRITISH AMERICAN TOBACCO PRICE TARGET TO 2925 (2900) PENCE - 'SELL'
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FTSE 250
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HSBC INITIATES PHOENIX GROUP WITH 'OVERWEIGHT' - TARGET 825 PENCE
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BERENBERG CUTS THOMAS COOK PRICE TARGET TO 170 (200) PENCE - 'BUY'
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TRADERS: NOMURA CUTS BETFAIR TO 'REDUCE' ('NEUTRAL')
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LIBERUM CUTS PACE PLC PRICE TARGET TO 390 (420) PENCE - 'HOLD'
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JEFFERIES CUTS PACE PLC PRICE TARGET TO 425 (467) PENCE - 'BUY'
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BARCLAYS RAISES ELEMENTIS PRICE TARGET TO 246 (243) PENCE - 'UNDERWEIGHT'
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SOCGEN CUTS TULLETT PREBON PRICE TARGET TO 245 (305) PENCE - 'HOLD'
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HSBC RAISES TULLETT PREBON TO 'OVERWEIGHT' ('NEUTRAL') - TARGET 311 PENCE
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BARCLAYS CUTS TULLETT PREBON PRICE TARGET TO 265 (335) PENCE - 'EQUAL WEIGHT'
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UBS REMOVES TULLETT PREBON FROM 'LEAST PREFERRED LIST' DIVERSIFIED FINANCIAL
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UBS RAISES TULLETT PREBON TO 'NEUTRAL' ('SELL') - TARGET 250 (230) PENCE
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DEUTSCHE BANK RAISES RENTOKIL INITIAL PRICE TARGET TO 114 (109) PENCE - 'HOLD'
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NUMIS CUTS INFORMA PRICE TARGET TO 620 (645) PENCE - 'BUY'
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UBS CUTS INFORMA PRICE TARGET TO 500 (520) PENCE - 'NEUTRAL'
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BERENBERG CUTS INFORMA PRICE TARGET TO 520 (530) PENCE - 'HOLD'
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HSBC RAISES GREAT PORTLAND PRICE TARGET TO 737 (715) PENCE - 'OVERWEIGHT'
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JPMORGAN RAISES DIRECT LINE PRICE TARGET TO 270 (228) PENCE - 'NEUTRAL'
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JEFFERIES CUTS TATE & LYLE PRICE TARGET TO 685 (715) PENCE - 'HOLD'
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NUMIS CUTS HISCOX TO 'HOLD' ('ADD') - TARGET 710 (785) PENCE
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NUMIS RAISES RIGHTMOVE PRICE TARGET TO 3397 (3360) PENCE - 'BUY'
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CANACCORD CUTS JLT GROUP TO 'HOLD' ('BUY') - TARGET 1070 (1165) PENCE
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MAIN MARKET AND AIM
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JPMORGAN RAISES GEM DIAMONDS PRICE TARGET TO 235 (200) PENCE - 'OVERWEIGHT'
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

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