LONDON BROKER RATINGS: Citi raises Direct Line Insurance to ’buy’
The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:
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FTSE 100
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Citigroup cuts Kingfisher to ’neutral’ (buy) - price target 292 pence
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JPMorgan raises Bunzl price target to 3,660 (3,380) pence - ’neutral’
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UBS raises Bunzl price target to 2,850 (2,650) pence - ’sell’
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FTSE 250
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Royal Bank of Canada raises Hochschild Mining price target to 250 (240) pence - ’outperform’
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Citigroup raises Direct Line Insurance to ’buy’ (neutral) - price target 223 (208) pence
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HSBC raises Direct Line Insurance price target to 205 (200) pence - ’hold’
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SMALL CAP
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Berenberg cuts Base Resources price target to 13 (15) pence - ’hold’
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Barclays cuts Fevertree Drinks target to 1,270 (1,300) pence - ’equal weight’
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JPMorgan cuts BHP price target to 2,580 (2,650) pence - ’neutral’
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UBS cuts BHP price target to 2,150 (2,200) pence - ’neutral’
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Royal Bank of Canada raises Ryanair price target to 20 (18) EUR - ’outperform’
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