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LONDON BROKER RATINGS: RBC cuts Rio Tinto; Goldman likes Relx, not WPP

ALN

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

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FTSE 100

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UBS cuts British Land price target to 430 (440) pence - ’neutral’

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DZ Bank raises Anglo American price target to 4,700 (4,300) pence - ’buy’

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Deutsche Bank Research raises Anglo American price target to 4,500 (3,800) pence - ’hold’

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RBC cuts Rio Tinto to ’underperform’ (sector perform) - price target 6,400 pence

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Goldman Sachs starts Relx with ’buy’ - price target 3,000 pence

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Jefferies cuts Mondi price target to 1,100 (1,130) pence - ’buy’

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BofA raises HSBC price target to 1,600 (1,500) pence - ’buy’

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FTSE 250

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Jefferies cuts GB Group price target to 270 (320) pence - ’buy’

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Barclays cuts GB Group price target to 275 (310) pence - ’overweight’

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RBC cuts Chemring Group price target to 580 (600) pence - ’outperform’

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Goldman Sachs starts WPP with ’sell’ - price target 240 pence

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Bernstein raises easyJet price target to 450 (350) pence - ’market-perform’

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SMALL CAP

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Deutsche Bank Research raises Liontrust Asset Management price target to 190 (170) pence - ’hold’

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