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LONDON BROKER RATINGS: Exane BNP ups Bunzl; Berenberg says ’buy’ WPP

ALN

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

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FTSE 100

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Barclays raises BT price target to 160 (150) pence - ’underweight’

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Citigroup cuts J Sainsbury price target to 330 (335) pence - ’neutral’

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Citigroup raises Legal & General price target to 251 (249) pence - ’neutral’

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Citigroup raises M&G price target to 295 (288) pence - ’neutral’

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Morgan Stanley cuts Diageo price target to 1,410 (1,505) pence - ’underweight’

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Deutsche Bank Research raises Croda International price target to 3,200 (3,000) pence - ’hold’

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Exane BNP raises Bunzl to ’outperform’ (neutral) - price target 3,000 (2,450) pence

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FTSE 250

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Berenberg starts WPP with ’buy’ - price target 405 pence

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Berenberg cuts Victrex price target to 600 (695) pence - ’hold’

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Exane BNP cuts Tate & Lyle to ’neutral’ (outperform) - price target 595 pence

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Deutsche Bank Research raises Aberdeen Group price target to 265 (235) pence - ’buy’

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Deutsche Bank Research raises AJ Bell price target to 675 (600) pence - ’buy’

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Berenberg raises Applied Nutrition price target to 340 (290) pence - ’buy’

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Shore Capital cuts Oxford Instruments to ’hold’ (buy) - price target 3,300 (2,600) pence

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SMALL CAP

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JPMorgan starts GlobalData with ’neutral’ - price target 135 pence

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Berenberg raises M&C Saatchi price target to 195 (170) pence - ’buy’

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Shore Capital raises On the Beach Group to ’buy’ (hold) - price target 210 (230) pence

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RBC cuts NextEnergy Solar Fund price target to 5,700 (6,500) pence - ’outperform’

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