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LONDON BROKER RATINGS: Exane BNP initiates coverage; UBS cuts SSP

ALN

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

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FTSE 100

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Deutsche Bank Research cuts Reckitt Benckiser price target to 5,430 (5,460) pence - ’hold’

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Exane BNP starts Diploma with ’outperform’ - price target 8,100 pence

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UBS cuts Mondi price target to 970 (1,050) pence - ’buy’

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Citigroup cuts Mondi price target to 940 (1,000) pence - ’buy’

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Barclays cuts Whitbread price target to 2,500 (2,600) pence - ’equal weight’

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Jefferies raises Tesco price target to 460 (430) pence - ’hold’

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Citigroup raises National Grid price target to 1,253 (1,149) pence - ’neutral’

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FTSE 250

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UBS raises Watches Of Switzerland price target to 565 (540) pence - ’neutral’

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UBS cuts Man Group price target to 290 (295) pence - ’buy’

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RBC cuts Travis Perkins price target to 825 (850) pence - ’outperform’

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Exane BNP starts Balfour Beatty with ’neutral’ - price target 900 pence

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Exane BNP starts Bytes Technology with ’underperform’

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Exane BNP starts Cranswick with ’neutral’ - price target 5,640 pence

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Exane BNP starts Computacenter with ’outperform’

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Exane BNP starts Genus with ’neutral’ - price target 2,750 pence

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Exane BNP starts Johnson Service with ’outperform’

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Exane BNP starts Greggs with ’underperform’ - price target 1,430 pence

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Exane BNP starts International Workplace Group with ’outperform’

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Exane BNP starts Morgan Sindall with ’neutral’ - price target 5,350 pence

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Exane BNP starts Kier Group with ’neutral’ - price target 240 pence

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Exane BNP starts Savills with ’outperform’ - price target 1,240 pence

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Exane BNP starts Mitie Group with ’neutral’ - price target 200 pence

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Exane BNP starts Pets At Home with ’neutral’ - price target 205 pence

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Exane BNP starts Mony Group with ’outperform’ - price target 270 pence

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UBS cuts SSP Group to ’neutral’ - price target 180 pence

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UBS raises AJ Bell price target to 630 (520) pence - ’buy’

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SMALL CAP

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Berenberg raises Filtronic price target to 360 (213) pence - ’buy’

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JPMorgan cuts Marston’s price target to 81 (85) pence - ’overweight’

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