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LONDON BROKER RATINGS: RBC raises Admiral; UBS ups Rentokil Initial

ALN

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

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FTSE 100

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JPMorgan cuts Informa price target to 1,300 (1,330) pence - ’overweight’

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Bernstein cuts Informa price target to 1,060 (1,140) pence - ’outperform’

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Barclays cuts Informa price target to 1,040 (1,120) pence - ’overweight’

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Berenberg cuts Informa price target to 965 (1,030) pence - ’buy’

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Citigroup cuts easyJet price target to 540 (600) pence - ’buy’

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Goldman Sachs raises Hiscox price target to 1,745 (1,681) pence - ’buy’

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Barclays raises Centrica price target to 250 (218) pence - ’overweight’

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RBC raises Admiral to ’outperform’ (sector perform) - price target 3,560 (3,100) pence

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Goldman Sachs raises Admiral price target to 3,150 (2,920) pence - ’sell’

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JPMorgan raises Legal & General price target to 285 (275) pence - ’neutral’

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JPMorgan raises Halma price target to 4,150 (4,000) pence - ’neutral’

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UBS raises Rentokil Initial to ’buy’ - price target 540 pence

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BofA raises United Utilities price target to 1,500 (1,300) pence - ’buy’

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BofA raises Severn Trent price target to 3,500 (3,100) pence - ’buy’

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FTSE 250

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Deutsche Bank Research raises Bridgepoint price target to 360 (345) pence - ’buy’

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Citigroup cuts Wizz Air price target to 750 (810) pence - ’sell’

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Berenberg cuts Greggs price target to 2,090 (2,170) pence - ’buy’

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Berenberg cuts Trainline price target to 350 (500) pence - ’buy’

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JPMorgan raises Trainline price target to 235 (215) pence - ’underweight’

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Barclays cuts Trainline price target to 220 (265) pence - ’equal weight’

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Berenberg cuts Vistry price target to 500 (650) pence - ’hold’

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Citigroup raises Serco price target to 369 (324) pence - ’buy’

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Goldman Sachs cuts Pennon price target to 553 (555) pence - ’neutral’

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SMALL CAP

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Deutsche Bank Research cuts Capita to ’hold’ (buy) - price target 300 (405) pence

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Berenberg starts Serica Energy with ’buy’ - price target 300 pence

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Jefferies raises Sabre Insurance to ’hold’ (underperform) - price target 152 (110) pence

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