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LONDON BROKER RATINGS: Morgan Stanley cuts Imperial Brands, raises BAT
- 24th Apr 2026 09:56
- The following London-listed shares received analyst recommendations Friday morning and on Thursday:
- FTSE 100
- Morgan Stanley cuts Imperial Brands to 'equal-weight'
- Morgan Stanley raises British American Tobacco to 'overweight' (underweight)
- BofA raises Relx price target to 3,850 (3,800) pence - 'buy'
- JPMorgan raises London Stock Exchange price target to 13,750 (13,700) pence - 'overweight'
- RBC raises London Stock Exchange price target to 13,600 (13,500) pence - 'outperform'
- JPMorgan raises J Sainsbury price target to 358 (345) pence - 'overweight'
- Deutsche Bank Research raises SSE price target to 2,900 (2,850) pence - 'buy'
- Deutsche Bank Research cuts Berkeley to 'hold' (buy) - price target 3,685 (4,600) pence
- Goldman Sachs raises British Land price target to 500 (470) pence - 'buy'
- BofA cuts Entain to 'neutral' (buy) - price target 700 (870) pence
- Bernstein raises Coca-Cola Europacific Partners price target to 7,600 (7,250) pence - 'market perform'
- Bernstein raises Coca-Cola HBC price target to 5,050 (5,000) pence - 'outperform'
- FTSE 250
- Shore Capital cuts AJ Bell to 'hold' (buy) - price target 535 (600) pence
- Deutsche Bank Research raises AJ Bell price target to 585 (570) pence - 'buy'
- Citigroup cuts Hays price target to 62 (75) pence - 'buy'
- Peel Hunt cuts WH Smith to 'add' (buy) - price target 600 (800) pence
- Barclays cuts WH Smith price target to 615 (675) pence - 'equal weight'
- Deutsche Bank Research raises Domino's Pizza Group price target to 178 (175) pence - 'sell'
- Berenberg cuts Workspace price target to 401 (503) pence - 'buy'
- Kepler Cheuvreux cuts Wizz Air to 'reduce' (hold) - price target 880 (1,400) pence
- SMALL CAP
- RBC cuts Valterra Platinum price target to 8,000 (8,100) pence - 'outperform'
- Citigroup raises BHP price target to 2,900 (2,850) pence - 'neutral'
LONDON MARKET OPEN: FTSE 100 falls as oil climbs amid Hormuz stalemate
- Stock prices in London opened lower on Friday due to ongoing Middle East uncertainty and rising oil prices.
- FTSE 100 down 0.4%, FTSE 250 down 0.6%, and AIM all-share down 0.6%.
- European equities also lower, with CAC 40 down 0.8% and DAX 40 down 0.1%.
- Sterling weakened against USD and EUR; oil prices climbed above USD100/barrel.
- Geopolitical tensions persist in the Strait of Hormuz; Israel-Lebanon ceasefire extended by three weeks.
- UK retail sales rose 0.7% in March, driven by fuel sales amid price hikes.
- Asian markets mixed; Nikkei 225 up 1.0%, Shanghai Composite down 0.3%.
- US markets ended lower on Thursday; US Treasury yields widened.
- British American Tobacco shares up 2.4% after Morgan Stanley upgrade; Mondi shares down 6.1% due to profitability decline.
- JD Sports Fashion shares down 2.9% amid leadership turmoil; Computacenter shares up 6.1% on strong Q1 performance and upgraded outlook.
- Gold prices lower at USD4,692.23/ounce.
LONDON MARKET EARLY CALL: FTSE 100 to fall after Trump tariff threat
- London stocks set to open lower on Friday due to Trump's tariff threat on the UK and rising oil prices.
- FTSE 100 futures indicate a 0.7% drop, opening at 10,380.41.
- Sterling weakened against USD and EUR, trading at USD1.3465 and EUR1.1527 respectively.
- Israel and Lebanon extended a ceasefire by three weeks, with Trump hopeful for a historic peace deal.
- Brent oil prices climbed to USD105.11 per barrel.
- Trump threatened tariffs on the UK over its 2% digital services tax on US tech firms.
- US markets closed lower on Thursday; Asian markets mixed on Friday.
- Microsoft offers voluntary buyouts to eligible US employees, targeting senior directors and below.
- Meta Platforms to cut jobs on May 20, aiming for efficiency and expenditure balance.
- Gold prices dipped to USD4,681.75 per ounce.
- Economic calendar highlights: UK retail sales, Michigan consumer sentiment, and Canadian retail sales data.
- Corporate calendar: Trading statement from packaging firm Mondi.
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