Analyst Recommendations for London-Listed Shares

Following analyst recommendations from major banks, several London-listed shares saw adjustments to their price targets and rating changes. Deutsche Bank increased price targets for Anglo American, Antofagasta, BHP Group, Glencore, and SSE, while assigning 'buy' ratings for Anglo American, Glencore, and Antofagasta. In contrast, Deutsche Bank reduced its price target for Rio Tinto and assigned a 'hold' rating, cutting Pennon Group's price target and assigning a 'buy' rating.

Key Takeaways:

• Deutsche Bank raised the price target for Anglo American to 3,000 (2,600) pence, assigning a 'buy' rating.
• Deutsche Bank raised the price target for Antofagasta to 1,100 (940) pence, assigning a 'sell' rating.
• Deutsche Bank raised the price target for BHP Group to 2,050 (1,700) pence, assigning a 'hold' rating.
• Deutsche Bank raised the price target for Glencore to 320 (250) pence, assigning a 'buy' rating.
• Deutsche Bank cut the price target for Rio Tinto to 6,000 (5,100) pence, assigning a 'hold' rating.
• Jeffries raised the price target for Coca-Cola HBC to 2,750 (2,500) pence, assigning a 'buy' rating.
• Barclays raised the price target for Severn Trent to 2,560 (2,500) pence, assigning an 'equal weight' rating.
• Credit Suisse raised the price target for BP to 365 (335) pence, assigning an 'outperform' rating.
• JPMorgan raised the price target for DCC to 7,569 (7,393) pence, assigning an 'overweight' rating.