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LONDON BROKER RATINGS: Morgan Stanley cuts Mondi; BofA cuts Ashtead

12th Jan 2026 10:18

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

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FTSE 100

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Morgan Stanley raises Auto Trader to 'equal-weight' (underweight) - price target 650 (710) pence

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Berenberg cuts Auto Trader price target to 665 (830) pence - 'hold'

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Morgan Stanley cuts Rightmove to 'underweight' (equal weight) - price target 510 (815) pence

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Morgan Stanley cuts Beazley price target to 930 (960) pence - 'overweight'

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Morgan Stanley cuts M&G to 'equal-weight' (overweight) - price target 285 (254) pence

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Exane BNP cuts Prudential to 'neutral' (outperform)

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Morgan Stanley raises Prudential target to 1,270 (1,150) pence - 'overweight'

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Jefferies raises Anglo American price target to 3,700 (3,500) pence - 'buy'

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Jefferies raises Glencore price target to 550 (475) pence - 'buy'

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Jefferies raises Antofagasta price target to 3,600 (3,000) pence - 'hold'

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Citigroup starts Pearson with 'buy' - price target 1,300 pence

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Citigroup starts Informa with 'neutral' - price target 975 pence

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Citigroup starts Relx with 'neutral' - price target 3325 pence

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UBS raises Sage Group to 'buy' - price target 1,425 pence

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Morgan Stanley cuts Mondi to 'underweight' - price target 800 pence

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Deutsche Bank Research cuts Haleon to 'sell' - price target 340 pence

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Berenberg raises Babcock International target to 1,670 (1,440) pence - 'buy'

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JPMorgan raises BAE Systems price target to 2,400 (2,200) pence - 'overweight'

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Berenberg raises BAE Systems price target to 2,000 (1,850) pence - 'hold'

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Bernstein raises Next to 'outperform' (market-perform) - price target 16,000 (11,500) pence

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Bernstein cuts AB Foods to 'market-perform' (outperform) - price target 1,800 (3,100) pence

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RBC cuts AB Foods price target to 2,050 (2,400) pence - 'sector perform'

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Bernstein cuts JD Sports Fashion price target to 100 (160) pence - 'outperform'

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Bernstein raises Tesco price target to 490 (480) pence - 'outperform'

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RBC cuts Tesco price target to 440 (445) pence - 'sector perform'

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RBC cuts Sainsbury price target to 375 (380) pence - 'outperform'

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Citigroup cuts Sainsbury price target to 360 (366) pence - 'buy'

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Barclays raises Coca-Cola HBC price target to 4,700 (4,500) pence - 'overweight'

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Deutsche Bank Research cuts 3i Group price target to 4,200 (4,300) pence - 'buy'

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Deutsche Bank Research raises Weir Group price target to 3,280 (3,140) pence - 'buy'

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BofA cuts Ashtead Group to 'underperform' (neutral) - price target 4,700 (4,900) pence

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FTSE 250

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Jefferies cuts Travis Perkins price target to 531 (535) pence - 'underperform'

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Citigroup starts WPP with 'neutral' - price target 365 pence

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Berenberg cuts Chemring Group price target to 590 (630) pence - 'buy'

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JPMorgan raises Qinetiq price target to 565 (540) pence - 'overweight'

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SMALL CAP

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Berenberg raises Kistos price target to 285 (280) pence - 'buy'

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Comments and questions to nequal weightsroom@alliancenequal weights.com

Coutperformyright 2026 Alliance Nequal weights Ltd. All Rights Reserved.


Related Shares:

Auto TraderRightmoveBeazleyM&GPrudentialAnglo AmericanGlencoreAntofagastaPearsonInformaRelxSage GroupSainsbury'sMondiHaleonBabcockBAE SystemsNextAB FoodsJD SportsTescoCoca-Cola HBC3i GroupWeir GroupAshtead GroupTravis PerkinsWPPChemringQinetiqKistos Holdings
FTSE 100 Latest
Value10,126.71
Change2.11