JPMorgan cuts Airtel Africa price target by 28%

February 20, 2024 at 04:42 am EST

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

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FTSE 100

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Barclays raises St James's Place price target to 955 (950) pence - 'overweight'

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Barclays cuts Legal & General price target to 325 (336) pence - 'overweight'

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JPMorgan cuts Airtel Africa price target to 93 (130) pence - 'neutral'

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Goldman Sachs raises Entain price target to 860 (820) pence - 'sell'

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Berenberg cuts AstraZeneca price target to 12,000 (12,500) pence - 'buy'

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RBC raises NatWest price target to 340 (315) pence - 'sector perform'

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FTSE 250

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Citigroup raises Wizz Air price target to 1,900 (1,500) pence - 'sell'

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UBS cuts Moneysupermarket.com price target to 273 (285) pence - 'neutral'

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Barclays cuts Moneysupermarket.com price target to 295 (305) pence - 'overweight'

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Berenberg raises Harbour Energy price target to 280 (250) pence - 'hold'

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JPMorgan cuts Man Group price target to 318 (323) pence - 'overweight'

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SMALL CAP

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Berenberg cuts XP Power price target to 1,400 (1,700) pence - 'buy'

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Comments and questions to newsroom@alliancenews.com

Market Closed - London S.E. Other stock markets 11:35:23 2024-04-26 am EDT			5-day change	1st Jan Change
109.8 ^GBX	+1.20%		+1.86%	-15.67%

Apr. 03	Airtel Africa Director Mittal buys shares for GBP1.2 million	AN
Mar. 27	Prudential Chair Shriti Vadera buys 50,000 shares	AN

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
FTSE MID 250 INDEX	19,824 PTS	+1.13%	+1.92%	-
ASTRAZENECA PLC	11,988 GBX	-0.32%	+9.52%	231B
FTSE 100	8,140 PTS	+0.75%	+3.09%	-
WIZZ AIR HOLDINGS PLC	2,198 GBX	+3.88%	+2.42%	2.83B
S&P UNITED KINGDOM (PDS)	1,650 PTS	+0.76%	+3.55%	-
MSCI UNITED KINGDOM (STRD)	1,213 USD	+0.54%	+3.65%	-
XP POWER LIMITED	1,084 GBX	-1.09%	+3.24%	320M
ENTAIN PLC	784.2 GBX	-3.09%	-6.35%	6.24B
DOW JONES AFRICA TITANS 50 INDEX	462 PTS	+1.81%	+1.69%	-
ST. JAMES'S PLACE PLC	435.4 GBX	+3.42%	+2.93%	2.96B
NATWEST GROUP PLC	307.4 GBX	+6.07%	+11.10%	33.35B
HARBOUR ENERGY PLC	293.4 GBX	+2.16%	+4.64%	2.82B
MAN GROUP PLC	247 GBX	+1.23%	-1.59%	3.58B
LEGAL & GENERAL PLC	234.4 GBX	+0.69%	-4.17%	17.28B
MONEYSUPERMARKET.COM GROUP PLC	215.8 GBX	+0.94%	+1.98%	1.44B
BARCLAYS PLC	204.4 GBX	+0.17%	+9.96%	38.15B
S&P AFRICA 40 INDEX	157.6 PTS	+3.21%	+3.26%	-
AIRTEL AFRICA PLC	109.8 GBX	+1.20%	+1.86%	5.12B
CITIGROUP INC.	62.66 USD	+1.41%	+5.95%	120B

Airtel Africa Director Mittal buys shares for GBP1.2 million	Apr. 03	AN
Prudential Chair Shriti Vadera buys 50,000 shares	Mar. 27	AN
Coca-Cola HBC CEO sells GBP375,000 in shares	Mar. 26	AN
Airtel Africa Reportedly Considers an Initial Public Offering for its Mobile Money Unit	Mar. 13	CI
FTSE 100 Closes Up 0.12% Ahead of U.K. Jobs Data	Mar. 11	DJ
Airtel Africa Plc announces an Equity Buyback for $100 million worth of its shares.	Mar. 01	CI
Airtel Africa Plc authorizes a Buyback Plan.	Feb. 29	CI
JPMorgan Cuts Airtel Africa PT, Keeps Neutral Rating	Feb. 20	MT
JPMorgan cuts Airtel Africa price target by 28%	Feb. 20	AN
Stocks slide; banks rise as Barclays outperforms	Feb. 20	AN
Barclays announces GBP1b buyback as 2023 profit falls	Feb. 20	AN
The FTSE 100 Closed Up 1.5% as NatWest Posts Biggest Profit Since 2007	Feb. 16	DJ
Beyond 5,000	Feb. 08
ANALYST RECOMMENDATIONS : Doordash, Microsoft, Roblox, Uber, Redrow...	Feb. 08
Barclays Reduces Airtel Africa PT, Keeps Overweight Rating	Feb. 06	MT
Barclays cuts Entain; HSBC raises Sainsbury	Feb. 06	AN
Barclays cuts Entain; HSBC raises Sainsbury	Feb. 06	AN
John Danilovich Announces Intention to Retire as an Independent Non-Executive Director of Airtel Africa plc	Feb. 06	CI
FTSE 100 Closes Down 0.03% After US Data Hit Rate-Cut Hopes	Feb. 05	DJ
Goldman Sachs Cuts Airtel Africa PT, Maintains Buy Rating	Feb. 05	MT
UBS raises Informa; Jefferies ups National Grid	Feb. 05	AN
FTSE 100 Ends Thursday Down After BOE Keeps Interest Rate Steady	Feb. 01	DJ
Airtel Africa Plans $100 Million Share Buyback Program	Feb. 01	MT
Transcript : Airtel Africa Plc, Nine Months 2024 Earnings Call, Feb 01, 2024	Feb. 01
Airtel Africa shares up as plans share buyback; profit down	Feb. 01	AN

	1st Jan change	Capi.
AIRTEL AFRICA PLC	-15.67%	5.12B
CHINA MOBILE LIMITED	+9.65%	199B
VERIZON COMMUNICATIONS	+5.25%	167B
DEUTSCHE TELEKOM AG	+0.46%	116B
NIPPON TELEGRAPH AND TELEPHONE CORPORATION	-2.38%	89.84B
CHINA TELECOM CORPORATION LIMITED	+17.65%	72.93B
AMÉRICA MÓVIL, S.A.B. DE C.V.	+2.80%	58.42B
SAUDI TELECOM COMPANY	-5.07%	50.97B
EMIRATES TELECOMMUNICATIONS GROUP COMPANY	-13.54%	40.2B
CHARTER COMMUNICATIONS, INC.	-34.49%	36.67B

Airtel Africa plc

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JPMorgan cuts Airtel Africa price target by 28%

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