Analyst Recommendations for London-Listed Shares
Recent analyst recommendations for London-listed shares have brought significant changes to investment strategies. Deutsche Bank and Credit Suisse have revised their price targets for Johnson Matthey, while Bernstein cut its target price to 3400 pence with an "outperform" rating. Meanwhile, Goldman Sachs has reduced its price targets for Meggitt, BAE Systems, and SSE, and raised its target for Wizz Air. Additionally, Jefferies and Credit Suisse have increased their price targets for Aveva and Ultra Electronics, respectively.
Key Takeaways:
- Deutsche Bank has cut Johnson Matthey's target price to 2200 pence from 2700 pence, with a "hold" rating.
- Bernstein has cut Johnson Matthey's target price to 3400 pence from 3500 pence, with an "outperform" rating.
- Credit Suisse has cut Johnson Matthey's target price to 3100 pence from 3200 pence, with an "outperform" rating.
- Credit Suisse has raised Aveva's price target to 4500 pence from 4200 pence, with an "outperform" rating.
- Goldman Sachs has cut Meggitt's price target to 314 pence from 342 pence, with a "neutral" rating.
- Goldman Sachs has cut BAE Systems' price target to 560 pence from 611 pence, with a "neutral" rating.
- Goldman Sachs has cut SSE's price target to 1483 pence from 1498 pence, with a "buy" rating.
- Jefferies has raised Just Eat Takeaway.com's price target to 9800 pence from 8000 pence, with a "buy" rating.
- Citigroup has cut Ferrexpo's rating to "sell" from "neutral" with a target of 160 pence from 135 pence.
- Goldman Sachs has cut TI Fluids' rating to "neutral" from "buy" with a target of 206 pence from 179 pence.
Statistics:
- Deutsche Bank has revised Johnson Matthey's target price by 18.5% downwards.
- Bernstein has revised Johnson Matthey's target price by 2.9% downwards.
- Credit Suisse has revised Johnson Matthey's target price by 3.1% downwards.
- Credit Suisse has raised Aveva's price target by 7.1%.
- Goldman Sachs has reduced Meggitt's price target by 8.4%.
- Goldman Sachs has reduced BAE Systems' price target by 8.1%.
- Goldman Sachs has reduced SSE's price target by 0.6%.
Sources:
- Alliance News Limited. (2020). Analyst Recommendations for London-Listed Shares. Retrieved from
- Deutsche Bank. (2020). Johnson Matthey Analyst Recommendation.
- Bernstein. (2020). Johnson Matthey Analyst Recommendation.
- Credit Suisse. (2020). Johnson Matthey Analyst Recommendation.
- Credit Suisse. (2020). Aveva Analyst Recommendation.
- Goldman Sachs. (2020). Meggitt Analyst Recommendation.
- Goldman Sachs. (2020). BAE Systems Analyst Recommendation.
- Goldman Sachs. (2020). SSE Analyst Recommendation.
- Jefferies. (2020). Just Eat Takeaway.com Analyst Recommendation.
- Citigroup. (2020). Ferrexpo Analyst Recommendation.
- Goldman Sachs. (2020). TI Fluids Analyst Recommendation.