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LONDON BROKER RATINGS: RBC cuts Ashtead, Barclays cuts Hammerson

ALN

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

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FTSE 100

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UBS cuts United Utilities to ’neutral’ (buy) - price target 1,150 (1,195) pence

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UBS cuts National Grid to ’neutral’ (buy) - price target 1,150 (1,160) pence

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RBC cuts Ashtead Group to ’sector perform’ (outperform)

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Goldman Sachs cuts Ashtead Group price target to 5,290 (5,690) pence - ’neutral’

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Citigroup cuts Croda International target to 3,300 (3,550) pence - ’neutral’

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Goldman Sachs cuts Relx price target to 4,610 (4,689) pence - ’buy’

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JPMorgan cuts WPP price target to 730 (750) pence - ’neutral’

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Bank of America cuts WPP price target to 560 (610) pence - ’underperform’

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Bank of America raises St James’s Place price target to 1,150 (1,100) pence - ’neutral’

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Bank of America raises Phoenix Group price target to 650 (620) pence - ’buy’

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Bank of America raises M&G price target to 242 (230) pence - ’buy’

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Bank of America cuts Beazley price target to 1,075 (1,100) pence - ’buy’

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Bank of America cuts Legal & General price target to 277 (280) pence - ’buy’

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Bank of America raises Aviva price target to 645 (620) pence - ’buy’

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Bank of America raises Admiral price target to 3,350 (3,250) pence - ’buy’

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Citigroup cuts Standard Chartered price target to 1,115 (1250) pence - ’neutral’

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Citigroup raises NatWest price target to 635 (615) pence - ’buy’

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Citigroup raises Antofagasta price target to 2,000 (1,750) pence - ’buy’

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FTSE 250

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Morgan Stanley cuts Deliveroo to ’equal-weight’ - price target 180 pence

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Barclays cuts Hammerson to ’underweight’ (equal weight) - price target 245 (295) pence

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Citigroup cuts Inchcape price target to 1,163 (1,194) pence - ’buy’

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Goldman Sachs cuts Burberry price target to 1,055 (1,160) pence - ’neutral’

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JPMorgan cuts Ninety One price target to 132 (149) pence - ’underweight’

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Bank of America raises Quilter price target to 162 (160) pence - ’neutral’

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Citigroup raises AJ Bell price target to 335 (325) pence - ’sell’

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SMALL CAP

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Shore Capital cuts RWS Holdings to ’hold’ (buy)

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Bank of America cuts Old Mutual price target to 46.1 (57.2) pence - ’underperform’

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Citigroup cuts Flutter Entertainment price target to 25,000 (26,000) pence - ’buy’

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