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LONDON BROKER RATINGS: Deutsche Bank cuts Rentokil; BofA lifts Mony

ALN

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

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FTSE 100

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Barclays cuts Rio Tinto to ’equal weight’ - price target 6,600 (6,885) pence

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Jefferies raises Glencore price target to 590 (560) pence - ’buy’

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Barclays raises Glencore price target to 550 (525) pence - ’overweight’

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Berenberg raises Shell price target to 3,300 (3,250) pence - ’buy’

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Berenberg raises National Grid price target to 1,300 (1,070) pence - ’hold’

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Deutsche Bank Research cuts Rentokil Initial to ’hold’ (buy) - price target 465 (505) pence

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Goldman Sachs raises Standard Chartered price target to 2,135 (2,025) pence - ’buy’

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Jefferies cuts Admiral Group price target to 3,580 (4,100) pence - ’buy’

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Jefferies raises Unilever price target to 4,300 (4,100) pence - ’underperform’

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FTSE 250

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Bank of America raises Mony Group to ’neutral’ (underperform) - price target 175 (173) pence

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Barclays cuts Mony Group price target to 215 (255) pence - ’overweight’

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Barclays raises IG Group price target to 1,755 (1,350) pence - ’overweight’

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Jefferies raises Ashmore Group to ’buy’ (hold) - price target 285 (170) pence

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Peel Hunt starts Qinetiq with ’hold’ - price target 500 pence

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Peel Hunt starts Chemring with ’buy’ - price target 600 pence

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JPMorgan cuts Johnson Matthey to ’neutral’ - price target 2,000 (2,250) pence

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Deutsche Bank Research cuts Johnson Matthey price target to 2,120 (2,400) pence - ’buy’

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SMALL CAP, AIM AND OTHER MAIN MARKET

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RBC raises Fevertree Drinks price target to 1,030 (900) pence - ’sector perform’

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Peel Hunt starts Cohort with ’buy’ - price target 1,430 pence

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Barclays cuts Tullow Oil price target to 35 (50) pence - ’overweight’

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Citigroup raises BHP Group price target to 2,800 (2,600) pence - ’neutral’

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