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LONDON BROKER RATINGS: Jefferies cuts HSBC; Berenberg likes Xaar

ALN

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

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FTSE 100

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Jefferies cuts HSBC to ’hold’ (buy) - price target 1,120 (960) pence

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JPMorgan cuts London Stock Exchange Group price target to 12,800 (12,900) pence - ’overweight’

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JPMorgan raises Antofagasta price target to 3,500 (2,500) pence - ’overweight’

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Deutsche Bank Research raises Schroders price target to 440 (420) pence - ’hold’

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FTSE 250

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Goldman Sachs reinitiates Dr Martens with ’neutral’ - price target 75 pence

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RBC starts Keller with ’sector perform’ - price target 1,540 pence

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Berenberg cuts B&M European Value Retail price target to 450 (590) pence - ’buy’

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Jefferies raises Volution price target to 820 (780) pence - ’buy’

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Deutsche Bank Research raises Johnson Matthey price target to 2,300 (2,100) pence - ’buy’

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Berenberg raises Johnson Matthey price target to 2,100 (1,950) pence - ’hold’

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SMALL CAP

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Berenberg starts Xaar with ’buy’ - price target 160 pence

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Deutsche Bank Research raises Polar Capital price target to 625 (600) pence - ’buy’

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JPMorgan cuts Synthomer price target to 112 (200) pence - ’neutral’

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