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LONDON BROKER RATINGS: Berenberg raises Chemring, RBC cuts Wizz Air

ALN

The following London-listed shares received analyst recommendations Friday morning and on Thursday:

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FTSE 100

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Deutsche Bank raises Phoenix Group to ’buy’ (hold) - price target 720 (575) pence

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Deutsche Bank raises Prudential to ’buy’ (hold) - price target 1,000 (900) pence

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Deutsche Bank cuts Legal & General to ’hold’ (buy) - price target 270 (275) pence

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Deutsche Bank raises Aviva price target to 675 (570) pence - ’buy’

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Deutsche Bank raises M&G price target to 240 (225) pence - ’hold’

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Deutsche Bank raises BAE Systems price target to 2,170 (1,900) pence - ’buy’

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Goldman Sachs cuts Pearson price target to 1,492 (1,528) pence - ’buy’

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UBS raises Fresnillo price target to 1,500 (1,100) pence - ’buy’

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UBS raises Tesco price target to 435 (363) pence - ’buy’

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FTSE 250

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Peel Hunt raises Dr Martens to ’add’ (hold), price target 80p (70p)

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Berenberg raises Dr Martens price target to 114 (102) pence - ’buy’

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Berenberg raises Chemring to ’buy’ (hold) - price target 670 (470) pence

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RBC cuts Wizz Air to ’sector perform’ (outperform) - price target 1,500 (2,400) pence

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Deutsche Bank cuts CMC Markets target to 238 (246) pence - ’hold’

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Deutsche Bank raises Mitie target to 165 (150) pence - ’buy’

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JPMorgan starts Baltic Classifieds with ’overweight’ - price target 432 pence

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Jefferies cuts Workspace price target to 530 (575) pence - ’buy’

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Jefferies raises discoverIE price target to 760 (710) pence - ’hold’

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SMALL CAP

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Deutsche Bank starts Zegona with ’buy’ - price target 1,030 pence

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Bernstein starts Flutter Entertainment with ’market-perform’ - price target 275 USD

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Goldman Sachs raises Wise price target to 1,420 (1,320) pence - ’buy’

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JPMorgan raises Wise price target to 1,410 (1,375) pence - ’overweight’

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UBS raises Wise price target to 1,340 (1,300) pence - ’buy’

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