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LONDON BROKER RATINGS: RBC cuts Frasers and raises Currys

ALN

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

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FTSE 100

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Citigroup cuts AB Foods price target to 1,410 (1,450) pence - ’sell’

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BofA cuts National Grid price target to 1,450 (1,525) pence - ’buy’

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Berenberg raises National Grid price target to 1,350 (1,300) pence - ’hold’

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JPMorgan cuts Rightmove price target to 404 (489) pence - ’underweight’

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JPMorgan cuts Persimmon price target to 1,430 (1,800) pence - ’overweight’

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JPMorgan cuts Barratt Redrow price target to 350 (520) pence - ’overweight’

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FTSE 250

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RBC cuts Frasers Group to ’underperform’ - price target 750 (720) pence

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RBC raises Currys to ’outperform’ (sector perform) - price target 180 (165) pence

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Citigroup raises Qinetiq price target to 605 (569) pence - ’buy’

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JPMorgan cuts Baltic Classifieds target to 177 (178) pence - ’underweight’

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JPMorgan cuts Bellway price target to 2,410 (3,480) pence - ’overweight’

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SMALL CAP

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JPMorgan cuts Crest Nicholson price target to 80 (160) pence - ’neutral’

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Berenberg cuts NewRiver REIT price target to 97 (98) pence - ’buy’

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Berenberg raises James Fisher & Sons price target to 850 (790) pence - ’buy’

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