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LONDON BROKER RATINGS: JPMorgan cuts BAT; raises Bunzl

13th Mar 2023 09:40

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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FTSE 100

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JPMorgan cuts British American Tobacco to 'neutral' (overweight)

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JPMorgan cuts British American Tobacco price target to 3,100 (3,600) pence

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Jefferies raises Flutter Entertainment price target to 18,000 (15,000) pence - 'buy'

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Jefferies raises Burberry price target to 2,400 (2,100) pence - 'hold'

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JPMorgan raises Bunzl to 'overweight' (neutral) - price target 3,375 (3,250) pence

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JPMorgan cuts Rio Tinto price target to 5,300 (5,500) pence - 'underweight'

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JPMorgan cuts Glencore price target to 620 (630) pence - 'overweight'

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UBS raises Informa price target to 700 (690) pence - 'neutral'

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UBS raises Taylor Wimpey price target to 128 (123) pence - 'buy'

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FTSE 250

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Jefferies raises Hikma Pharmaceuticals price target to 2,080 (1,930) pence - 'buy'

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Jefferies raises Premier Foods price target to 140 (130) pence - 'buy'

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Jefferies cuts Network International price target to 360 (388) pence - 'buy'

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Berenberg raises Coats price target to 100 (90) pence - 'buy'

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Morgan Stanley cuts Drax price target to 800 (850) pence - 'overweight'

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SMALL CAP

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Bernstein raises Deliveroo to 'outperform' - price target 170 pence

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JPMorgan raises BHP price target to 2,550 (2,510) pence - 'neutral'

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Jefferies raises Ferguson price target to 11,870 (10,852) pence - 'hold'

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