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LONDON BROKER RATINGS: Stifel raises PHP; Panmure Liberum lifts Greggs

ALN

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

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FTSE 100

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Morgan Stanley raises InterContinental Hotels to ’equal-weight’ (underweight) - price target 9,000 (8,800) pence

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JPMorgan places Croda International on ’positive catalyst watch’

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BofA raises 3i Group price target to 4,650 (4,300) pence - ’buy’

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Goldman Sachs raises GSK price target to 1,580 (1,550) pence - ’neutral’

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FTSE 250

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Stifel raises Primary Health Properties to ’buy’ (hold) - price target 105 (92) pence

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Panmure Liberum raises Greggs to ’hold’ (sell) - price target 1,560 pence

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Jefferies raises Travis Perkins price target to 605 (600) pence - ’hold’

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Deutsche Bank Research cuts Aston Martin Lagonda price target to 90 (95) pence - ’hold’

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SMALL CAP

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JPMorgan places AIB on ’positive catalyst watch’

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Jefferies cuts Ceres Power price target to 205 (265) pence - ’buy’

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Jefferies raises ITM Power price target to 115 (60) pence - ’buy’

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Jefferies raises DFS Furniture price target to 200 (190) pence - ’buy’

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Goldman Sachs cuts Asos price target to 275 (305) pence - ’sell’

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