Analyst Recommendations for London-Listed Shares
Stock analysts made several recommendations for London-listed shares on Monday and Tuesday, affecting various FTSE 100 and FTSE 250 companies. The recommendations range from upgrades to target price increases, and some firms have been downgraded. Deutsche Bank issued several price target increases and upgrades for Lloyds Banking, Standard Chartered, NatWest, and HSBC, while also cutting Barclays and raising Berkeley Group. Other analysts made recommendations, including increasing target prices for Glencore and Sage Group.
Key Takeaways:
- Deutsche Bank raised Lloyds Banking's price target to 63p, with a 'BUY' recommendation.
- Deutsche Bank increased Standard Chartered's price target to 610p, with a 'BUY' recommendation.
- Deutsche Bank raised NatWest's rating to 'BUY' from 'HOLD', with a price target of 300p.
- Deutsche Bank cut HSBC's rating to 'HOLD' from 'SELL', with a price target of 480p.
- Barclays raised Berkeley Group's rating to 'EQUAL WEIGHT' from 'UNDERWEIGHT', with a target price of 4,460p.
- RBC raised Glencore's price target to 460p, with an 'OUTPERFORM' recommendation.
- Goldman Sachs cut Abrdn's price target to 320p, with a 'BUY' recommendation.
- Barclays cut Abrdn's price target to 245p, with an 'EQUAL WEIGHT' recommendation.
- Goldman raised Sage Group's price target to 730p, with a 'SELL' recommendation.
- JPMorgan cut St James's Place to 'NEUTRAL' from 'OVERWEIGHT', with a price target of 1,700p.
- JPMorgan cut Hargreaves Lansdown's target price to 1,315p, with an 'UNDERWEIGHT' recommendation.
- Jefferies cut AstraZeneca to 'HOLD' from 'BUY', with a price target of 9,100p.
- Jefferies raised Tritax EuroBox's price target to 125p, with a 'BUY' recommendation.
- Liberum raised Puretech Health's price target to 580p, with a 'BUY' recommendation.
- Deutsche Bank cut Virgin Money's price target to 245p, with a 'BUY' recommendation.
- Barclays cut AJ Bell's price target to 370p, with an 'UNDERWEIGHT' recommendation.
- JPMorgan raised Quilter's price target to 200p, with an 'OVERWEIGHT' recommendation.
- Goldman raised ContourGlobal's price target to 206p, with a 'NEUTRAL' recommendation.
- Liberum cut Shanta Gold's price target to 32p, with a 'BUY' recommendation.
- Deutsche Bank raised Bank of Ireland's price target to 7 EUR, with a 'BUY' recommendation.
- Jefferies raised Naked Wines to 'BUY' from 'HOLD', with a target price of 800p.
Statistics:
- Deutsche Bank increased Lloyds Banking's price target by 3p.
- Deutsche Bank increased Standard Chartered's price target by 50p.
- Deutsche Bank raised NatWest's price target by 40p.
- Deutsche Bank cut HSBC's price target by 30p.
- Barclays raised Berkeley Group's rating.
- RBC increased Glencore's price target by 10p.
- Goldman Sachs cut Abrdn's price target by 24p.
- Barclays cut Abrdn's price target by 70p.
- Goldman raised Sage Group's price target by 30p.
- JPMorgan cut St James's Place's price target by 137p.
- JPMorgan cut Hargreaves Lansdown's target price by 145p.
- Jefferies cut AstraZeneca's price target by 850p.
- Jefferies raised Tritax EuroBox's price target by 5p.
- Liberum raised Puretech Health's price target by 20p.
- Deutsche Bank cut Virgin Money's price target by 15p.
- Barclays cut AJ Bell's price target by 10p.
- JPMorgan raised Quilter's price target by 20p.
- Goldman raised ContourGlobal's price target by 1p.
- Liberum cut Shanta Gold's price target by 4p.
- Deutsche Bank raised Bank of Ireland's price target by 0.20 EUR.
- Jefferies raised Naked Wines' target price by 80p.
Sources:
- Alliance News
- FTSE 100
- FTSE 250
- Deutsche Bank
- Barclays
- RBC
- Goldman Sachs
- JPMorgan
- Jefferies
- Liberum