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LONDON BROKER RATINGS: Stifel cuts Weir Group; BofA raises Pennon

ALN

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

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FTSE 100

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Barclays cuts Unilever price target to 5,350 (5,450) pence - ’overweight’

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Goldman Sachs cuts GSK price target to 1,560 (1,580) pence - ’neutral’

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Barclays cuts Haleon price target to 430 (450) pence - ’overweight’

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Deutsche Bank Research raises British American Tobacco price target to 4,200 (3,800) pence - ’buy’

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Stifel cuts Weir Group to ’hold’ (buy) - price target 2,700 (2,600) pence

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Deutsche Bank Research raises Rentokil Initial price target to 435 (425) pence - ’buy’

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RBC raises Auto Trader Group price target to 830 (730) pence - ’sector perform’

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UBS cuts easyJet price target to 750 (775) pence - ’buy’

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RBC cuts easyJet price target to 620 (650) pence - ’outperform’

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JPMorgan raises Phoenix Group price target to 595 (565) pence - ’underweight’

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FTSE 250

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Goldman Sachs raises Burberry price target to 1,180 (1,135) pence - ’neutral’

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UBS raises Burberry price target to 1,575 (1,400) pence - ’buy’

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Jefferies raises Volution Group price target to 720 (700) pence - ’buy’

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BofA raises Pennon Group to ’buy’ (neutral) - price target 560 (460) pence

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SMALL CAP

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Deutsche Bank Research cuts CRH price target to 8,601 (8,993) EUR - ’buy’

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Berenberg cuts Valterra Platinum price target to 2,500 (2,600) pence - ’sell’

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JPMorgan cuts BHP Group price target to 2,130 (2,260) pence - ’neutral’

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RBC cuts Ashtead Technology price target to 560 (780) pence - ’outperform’

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