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LONDON BROKER RATINGS: Davy raises IAG, cuts Jet2; RBC cuts Reckitt

ALN

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

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FTSE 100

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Davy raises IAG to ’outperform’ - price target 525 pence

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Barclays raises easyJet price target to 700 (675) pence - ’overweight’

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Goldman Sachs raises Whitbread price target to 3,000 (2,850) pence - ’neutral’

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Citigroup reinitiates Reckitt Benckiser with ’buy’ - price target 7,000 pence

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RBC cuts Reckitt Benckiser to ’sector perform’ (outperform) - price target 6,200 (6,400) pence

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Citigroup raises Fresnillo price target to 4,600 (4,000) pence - ’buy’

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Berenberg raises Diploma price target to 6,600 (6,350) pence - ’buy’

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Jefferies raises InterContinental Hotels Group target to 16,000 (11,400) pence - ’buy’

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Citigroup raises Persimmon price target to 1,615 (1,613) pence - ’buy’

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Kepler Cheuvreux raises Barclays price target to 540 (460) pence - ’buy’

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BofA cuts Intertek price target to 5,630 (5,990) pence - ’buy’

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FTSE 250

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Jefferies cuts Bytes Technology to ’hold’ (buy) - price target 400 (447) pence

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Deutsche Bank Research raises Trustpilot target to 354 (343) pence - ’buy’

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Jefferies cuts Raspberry Pi price target to 420 (610) pence - ’buy’

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Goldman Sachs raises Ithaca Energy to ’neutral’ - price target 170 pence

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Goldman Sachs cuts Ithaca Energy price target to 170 (180) pence - ’neutral’

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Goldman Sachs cuts Harbour Energy price target to 220 (240) pence - ’neutral’

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Barclays raises Wizz Air price target to 1,600 (1,500) pence - ’overweight’

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Citigroup cuts Grafton Group price target to 1,150 (1,170) pence - ’buy’

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Berenberg raises Clarkson price target to 4,750 (4,250) pence - ’buy’

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Jefferies raises Softcat to ’hold’ (underperform) - price target 1,500 (1,450) pence

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Jefferies raises GB Group price target to 320 (315) pence - ’buy’

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Jefferies raises Computacenter price target to 3800 (3300) pence - ’buy’

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Jefferies cuts Spire Healthcare price target to 230 (298) pence - ’buy’

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SMALL CAP

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Davy cuts Jet2 to ’neutral’

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Barclays cuts Jet2 price target to 2050 (2125) pence - ’overweight’

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Barclays raises Ryanair price target to 31.50 (30) EUR - ’overweight’

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BofA raises Fevertree Drinks to ’neutral’

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Deutsche Bank Research raises Gym Group target to 210 (200) pence - ’buy’

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Berenberg cuts Liontrust Asset Management target to 260 (320) pence - ’hold’

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Berenberg raises Renew Holdings price target to 1,320 (1,200) pence - ’buy’

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Wells Fargo cuts CRH to ’equal weight’ (overweight) - price target 138 USD

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