LONDON BROKER RATINGS: InterContinental Hotels cut; Redburn likes Relx

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

The following London-listed shares received analyst recommendations on Wednesday morning and on Tuesday:

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FTSE 100

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Citigroup cuts Vodafone price target to 73 (75) pence - ’neutral’

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Morgan Stanley cuts InterContinental Hotels to ’underweight’ (equal-weight) - price target 9,600 (8,700) pence

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Jefferies raises InterContinental Hotels target to 9,500 (8,300) pence - ’hold’

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Deutsche Bank raises Coca-Cola HBC price target to 3,280 (3,200) pence - ’buy’

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Redburn reinitiates Relx with ’buy’ - price target 4,500 pence

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Goldman Sachs cuts Next price target to 10,900 (11,250) pence - ’neutral’

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Berenberg raises Rio Tinto price target to 6,400 (6,000) pence - ’buy’

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Berenberg raises Fresnillo price target to 890 (850) pence - ’hold’

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FTSE 250

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Deutsche Bank raises Kier Group price target to 235 (200) pence - ’buy’

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Deutsche Bank cuts Hays price target to 110 (130) pence - ’buy’

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RBC cuts Hays price target to 105 (110) pence - ’outperform’

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RBC cuts PageGroup price target to 445 (460) pence - ’outperform’

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Goldman Sachs raises Ithaca price target to 160 (140) pence - ’buy’

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Goldman Sachs raises Harbour Energy price target to 260 (255) pence - ’sell’

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Berenberg cuts Hochschild Mining price target to 240 (250) pence - ’hold’

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Citigroup reinitiates Tate & Lyle with ’neutral’ - price target 725 pence

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JPMorgan raises Deliveroo price target to 194 (192) pence - ’overweight’

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JPMorgan cuts Ashmore Group price target to 152 (155) pence - ’underweight’

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Jefferies cuts Ashmore Group to ’hold’ (buy) - price target 170 (220) pence

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Bank of America cuts Wizz Air price target to 1,530 (1,650) pence - ’neutral’

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SMALL CAP, AIM AND OTHER MAIN MARKET

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Berenberg cuts Yellow Cake price target to 712 (722) pence - ’buy’

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Berenberg cuts Wheaton Precious Metals target to 5,700 (5,800) pence - ’buy’

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Berenberg raises Tharisa price target to 140 (120) pence - ’buy’

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Berenberg cuts Sovereign Metals price target to 54 (55) pence - ’buy’

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Berenberg cuts Resolute Mining price target to 30 (35) pence - ’buy’

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Berenberg cuts Rainbow Rare Earths price target to 35 (38) pence - ’buy’

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Berenberg cuts Pan African price target to 42 (45) pence - ’buy’

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Berenberg cuts Kenmare Resources price target to 340 (420) pence - ’hold’

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Berenberg raises Griffin Mining price target to 210 (190) pence - ’buy’

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Berenberg cuts Ecora Resources price target to 130 (150) pence - ’buy’

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Berenberg cuts Central Asia Metals price target to 190 (210) pence - ’hold’

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Berenberg cuts BHP Group price target to 1,900 (2,000) pence - ’hold’

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Berenberg cuts Atalaya Mining price target to 450 (460) pence - ’hold’

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