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LONDON BROKER RATINGS: RBC raises Cranswick; Oddo BHF cuts Intertek

ALN

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

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FTSE 100

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BofA cuts Rio Tinto to ’neutral’ (buy) - price target 9,300 pence

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Bernstein cuts Autotrader price target to 545 (595) pence - ’market-perform’

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Oddo BHF cuts Intertek to ’neutral’ (outperform) - price target 6,000 (5,000) pence

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JPMorgan raises InterContinental Hotels target to 177 (162) USD - ’overweight’

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Goldman Sachs cuts National Grid price target to 1,377 (1,386) pence - ’neutral’

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Goldman Sachs raises ICG target to 2,910 (2,860) pence - ’buy’

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FTSE 250

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Jefferies raises Softcat price target to 1,700 (1,210) pence - ’hold’

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JPMorgan raises Aberdeen Group price target to 241 (240) pence - ’overweight’

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RBC raises Cranswick to ’outperform’ (sector perform) - price target 6,100 (5,500) pence

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Barclays cuts Victrex price target to 610 (660) pence - ’equal weight’

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RBC raises HICL Infrastructure price target to 165 (160) pence - ’outperform’

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SMALL CAP

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BofA cuts BHP to ’neutral’ (buy) - price target 69 AUD

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Goldman Sachs cuts Ryanair price target to 27 (28) EUR - ’neutral’

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Deutsche Bank Research reinitiates IQE with ’buy’ - price target 60 pence

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