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LONDON BROKER RATINGS: UBS cuts GSK; RBC raises Melrose Industries

8th Jul 2024 09:27

(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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UBS cuts GSK to 'neutral' (buy) - price target 1,580 (2,040) pence

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Jefferies raises Rio Tinto price target to 6,400 (6,000) pence - 'buy'

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UBS raises Informa price target to 1,040 (947) pence - 'buy'

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RBC raises Melrose Industries to 'outperform' (sector perform) - price target 650 pence

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RBC cuts Schroders price target to 365 (375) pence - 'sector perform'

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Goldman Sachs raises Schroders price target to 375 (365) pence - 'sell'

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Jefferies raises Glencore price target to 600 (550) pence - 'buy'

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FTSE 250

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Jefferies raises Chemring price target to 470 (430) pence - 'buy'

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Barclays raises ITV price target to 90 (85) pence - 'equal weight'

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Barclays raises OSB Group price target to 710 (690) pence - 'overweight'

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SMALL CAP

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Jefferies raises PayPoint price target to 722 (680) pence - 'buy'

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Jefferies raises BHP Group price target to 2,800 (2,700) pence - 'buy'

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Deutsche Bank cuts Just Eat Takeaway price target to 20 (22) EUR - 'buy'

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Barclays raises Reach price target to 100 (75) pence - 'equal weight'

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