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LONDON BROKER RATINGS: BofA cuts Anglo American; LBBW cuts BT Group

ALN

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

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FTSE 100

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JPMorgan raises Croda International price target to 4,000 (3,600) pence - ’overweight’

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Goldman Sachs raises Croda International price target to 2,800 (2,300) pence - ’sell’

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Citigroup reinitiates Rio Tinto with ’neutral’ - price target 7,000 pence

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UBS raises Rio Tinto price target to 6,900 (5,800) pence - ’neutral

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BofA cuts Anglo American to ’neutral’ (buy) - price target 3,600 (3,500) pence

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Citigroup raises Antofagasta price target to 4,000 (3,900) pence - ’buy’

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Citigroup reinitiates Glencore with ’buy’ - price target 600 pence

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Goldman Sachs starts LondonMetric Property with ’neutral’ - price target 210 pence

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Berenberg raises Legal & General price target to 308 (289) pence - ’buy’

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Goldman Sachs cuts Standard Chartered price target to 2025 (2120) pence - ’buy’

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LBBW cuts BT Group to ’hold’ (buy) - price target 218 pence

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BofA cuts Rolls-Royce price target to 1,600 (1,615) pence - ’buy’

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FTSE 250

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Barclays cuts Safestore to ’equal weight’ (overweight) - price target 870 (740) pence

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Kepler Cheuvreux cuts Safestore to ’reduce’ (hold)

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Deutsche Bank raises Mitchells & Butlers to ’buy’ (hold) - price target 325 (300) pence

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Goldman Sachs starts Drax Group with ’neutral’ - price target 947 pence

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RBC raises Serco Group price target to 370 (290) pence - ’outperform

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Barclays reinitiates Big Yellow Group with ’overweight’ - price target 1,200 pence

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JPMorgan raises Oxford Instruments target to 3,000 (2,600) pence - ’overweight’

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SMALL CAP

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Peel Hunt cuts S&U to ’add’ (buy) - price target 2,460 (2,000) pence

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Citigroup raises BHP Group price target to 2,600 (2,400) pence - ’neutral’

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