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LONDON BROKER RATINGS: Berenberg likes Glencore; UBS raises Segro

ALN

The following London-listed shares received analyst recommendations Tuesday morning and on Monday:

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FTSE 100

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Deutsche Bank raises Reckitt Benckiser price target to 5,400 (5,000) pence - ’hold’

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Jefferies raises Reckitt Benckiser price target to 5,100 (4,400) pence - ’hold’

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Oddo raises London Stock Exchange to ’outperform’ (neutral) - price target 13,000 (11,000) pence

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Goldman Sachs raises British American Tobacco price target to 3,250 (3,200) pence - ’neutral’

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Goldman Sachs raises Imperial Brands price target to 3,350 (2,800) pence - ’buy’

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UBS raises ConvaTec price target to 375 (360) pence - ’buy’

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Berenberg starts Glencore with ’buy’ - price target 380 pence

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Goldman Sachs raises United Utilities price target to 1,178 (1,176) pence - ’neutral’

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Goldman Sachs raises United Utilities price target to 1,178 (1,176) pence - ’neutral’

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Goldman Sachs cuts Bunzl price target to 2,980 (3,175) pence - ’sell’

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Barclays raises IMI price target to 2,320 (2,160) pence - ’overweight’

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Goldman Sachs raises Admiral price target to 3,000 (2,810) pence - ’sell’

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UBS raises Schroders price target to 465 (355) pence - ’buy’

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UBS raises Segro to ’buy’ (neutral) - price target 875 (985) pence

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FTSE 250

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RBC raises Grafton price target to 1,220 (1,170) pence - ’outperform’

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UBS cuts Pennon price target to 625 (630) pence - ’buy’

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Berenberg cuts Spectris price target to 3,000 (3,180) pence - ’buy’

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Berenberg cuts Clarkson price target to 4,800 (5,075) pence - ’buy’

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Deutsche Bank cuts Clarkson price target to 5,100 (5,150) pence - ’buy’

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Deutsche Bank raises Vesuvius price target to 415 (400) pence - ’hold’

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Deutsche Bank cuts Just Group price target to 180 (185) pence - ’buy’

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SMALL CAP

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Berenberg cuts Sabre Insurance price target to 210 (213) pence - ’buy’

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Berenberg raises Nichols price target to 1,760 (1,630) pence - ’buy’

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