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LONDON BROKER RATINGS: Exane raises Spirax, UBS cuts Fermi

ALN

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

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FTSE 100

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Exane BNP raises Spirax to ’outperform’ (neutral) - price target 8,350 (7,500) pence

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Keefe Bruyette & Woods raises Standard Chartered to ’market perform’

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JPMorgan raises Standard Chartered target to 2,220 (2,200) pence - ’overweight’

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Shore Capital raises HSBC to ’hold’ (sell)

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Goldman Sachs raises HSBC price target to 1,700 (1,650) pence - ’buy’

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Jefferies cuts NatWest price target to 730 (750) pence - ’buy’

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Jefferies raises Barclays price target to 590 (570) pence - ’buy’

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Barclays raises Standard Life price target to 690 (660) pence - ’underweight’

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Deutsche Bank Research cuts Whitbread price target to 2,530 (2,815) pence - ’hold’

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Citigroup cuts GSK price target to 2,100 (2,250) pence - ’neutral’

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Bernstein cuts Informa price target to 1,033 (1,060) pence - ’outperform’

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Goldman Sachs raises United Utilities price target to 1,523 (1,346) pence - ’neutral’

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Goldman Sachs raises Pearson price target to 1,350 (1,300) pence - ’buy’

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Goldman Sachs cuts Mondi price target to 800 (910) pence - ’neutral’

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FTSE 250

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Deutsche Bank cuts Telecom Plus to ’hold’ (buy) - price target 1,300 (2,000) pence

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Kepler Cheuvreux starts Primary Health Properties with ’buy’ - price target 120 pence

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Goldman Sachs cuts Dr Martens price target to 71 (76) pence - ’neutral’

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Jefferies cuts Paragon Banking price target to 1,000 (1,060) pence - ’buy’

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Jefferies cuts OSB price target to 700 (780) pence - ’buy’

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SMALL CAP

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UBS cuts Fermi to ’neutral’ (buy) - price target 6 (8) USD

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Berenberg raises Synthomer price target to 100 (60) pence - ’hold’

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Berenberg cuts CLS price target to 58 (80) pence - ’buy’

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