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LONDON BROKER RATINGS: SocGen cuts HSBC to sell; DB down on utilities

Tue, 17th Oct 2023 09:21

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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FTSE 100

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Deutsche Bank cuts SSE price target to 1,900 (2,150) pence - 'buy'

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Deutsche Bank cuts Severn Trent price target to 2,600 (2,850) pence - 'hold'

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Deutsche Bank cuts National Grid price target to 970 (1,050) pence - 'hold'

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UBS cuts BT Group price target to 115 (120) pence - 'sell'

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JPMorgan raises HSBC price target to 690 (680) pence - 'neutral'

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SocGen cuts HSBC to 'sell' - price target 575 pence

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FTSE 250

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Deutsche Bank cuts Pennon price target to 740 (780) pence - 'hold'

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SMALL CAP

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Berenberg cuts Resolute Mining price target to 28 (30) pence - 'buy'

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Barclays raises Restaurant Group price target to 65 (50) pence - 'underweight'

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RBC raises XPS Pensions Group price target to 245 (220) pence - 'outperform'

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Deutsche Bank cuts Just Eat Takeaway.com price target to 1,900 (2,135) pence and to 22 (25) EUR- 'buy'

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Berenberg cuts Tharisa price target to 150 (190) pence - 'buy'

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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