Morgan Stanley cuts Diageo to 'underweight'

July 20, 2023 at 04:50 am EDT

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

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FTSE 100

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Morgan Stanley cuts Diageo to 'underweight' (equal weight) - price target 3,000 (3,700) pence

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Berenberg cuts Rio Tinto price target to 6,100 (6,400) pence - 'buy'

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JPMorgan raises Rio Tinto price target to 5,390 (5,350) pence - 'underweight'

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Jefferies cuts Antofagasta price target to 1,750 (1,800) pence - 'buy'

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Credit Suisse cuts Antofagasta price target to 1,350 (1,550) pence - 'neutral'

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FTSE 250

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Berenberg raises Diploma price target to 3,500 (3,360) pence - 'buy'

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Jefferies cuts Jupiter Fund Management price target to 95 (120) pence - 'underperform'

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Jefferies cuts Ashmore Group price target to 230 (270) pence - 'hold'

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JPMorgan raises Qinetiq price target to 420 (410) pence - 'neutral'

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SMALL CAP

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UBS cuts DFS Furniture price target to 125 (135) pence - 'neutral'

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Berenberg raises Conduit Holdings price target to 600 (595) pence - 'buy'

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Barclays raises Jet2 price target to 1,750 (1,500) pence - 'overweight'

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Market Closed - London S.E. Other stock markets 11:35:01 2024-04-26 am EDT			5-day change	1st Jan Change
2,776 ^GBX	+0.62%		-2.13%	-2.80%

Apr. 25	Pernod Ricard Sales Fall as It Struggles in China, U.S. -- 2nd Update	DJ
Apr. 25	Pernod Ricard banks on 'dynamic' Q4 as U.S., China drag on sales	RE

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%	+2.23%	-
BIST 100	9,916 PTS	+2.05%	+2.29%	-
FTSE 100	8,140 PTS	+0.75%	+3.09%	-
RIO TINTO PLC	5,453 GBX	+1.38%	+1.36%	117B
DIPLOMA PLC	3,616 GBX	+1.46%	+3.14%	6.04B
DIAGEO PLC	2,776 GBX	+0.62%	-2.13%	76.78B
ANTOFAGASTA PLC	2,255 GBX	+1.26%	+0.22%	27.69B
S&P UNITED KINGDOM (PDS)	1,650 PTS	+0.76%	+3.27%	-
JET2 PLC	1,415 GBX	+1.95%	-2.08%	3.78B
MSCI UNITED KINGDOM (STRD)	1,213 USD	+0.54%	+3.43%	-
CONDUIT HOLDINGS LIMITED	495 GBX	-0.80%	-0.40%	968M
QINETIQ GROUP PLC	342.6 GBX	+0.41%	+1.60%	2.43B
BARCLAYS PLC	204.4 GBX	+0.17%	+9.96%	38.15B
ASHMORE GROUP PLC	186.1 GBX	+1.75%	+0.70%	1.54B
DFS FURNITURE PLC	114 GBX	+0.88%	+1.79%	327M
MORGAN STANLEY	92.83 USD	+0.29%	+2.39%	151B
JUPITER FUND MANAGEMENT PLC	76.3 GBX	+2.01%	-5.45%	486M

Pernod Ricard Sales Fall as It Struggles in China, U.S. -- 2nd Update	Apr. 25	DJ
Pernod Ricard banks on 'dynamic' Q4 as U.S., China drag on sales	Apr. 25	RE
European Equities Traded in the US as American Depositary Receipts Jump in Tuesday Trading	Apr. 23	MT
DIAGEO : JP Morgan sticks Neutral	Apr. 23	ZD
DIAGEO : Deutsche Bank reiterates its Sell rating	Apr. 22	ZD
Bernstein Lifts Diageo PT, Maintains Outperform Rating	Apr. 18	MT
DIAGEO : Bernstein reaffirms its Buy rating	Apr. 18	ZD
HSBC likes Haleon, cuts Flutter to 'hold'	Apr. 18	AN
DIAGEO : Deutsche Bank reiterates its Sell rating	Apr. 12	ZD
DIAGEO : Jefferies sticks Neutral	Apr. 09	ZD
Spirits overview – Diageo’s enduring charm prevails	Apr. 02
Diageo: decarbonization of sites in Kentucky & Illinois	Mar. 25	CF
Global markets live: Nvidia, Cisco, BAE Systems, Diageo, Boeing...	Mar. 19
Diageo Says John Manzoni to Be Next Board Chair	Mar. 19	MT
DIAGEO : Bernstein reaffirms its Buy rating	Mar. 19	ZD
Diageo Names John Manzoni as Board Chair	Mar. 19	MT
Diageo: future Chairman of the Board chosen	Mar. 19	CF
Diageo names former UK Civil Service head John Manzoni as new chair	Mar. 19	AN
Diageo names former UK Civil Service head John Manzoni as new chair	Mar. 19	AN
Diageo Chair to Retire in 2025; Successor Named	Mar. 19	MT
Unilever separates from Ice Cream arm and cuts jobs	Mar. 19	AN
Diageo says John Manzoni to replace Ferran as chairperson	Mar. 19	RE
Diageo Appoints John Manzoni Chair From February 2025	Mar. 19	DJ
Diageo plc Announces Board Changes	Mar. 19	CI
FTSE 100 Index Closes Down 0.06%, Falling From Eight-Month High	Mar. 18	DJ

	1st Jan change	Capi.
DIAGEO PLC	-2.80%	76.78B
PERNOD RICARD	-10.80%	38.38B
BROWN-FORMAN CORPORATION	-15.71%	22.97B
THAI BEVERAGE	-9.52%	8.76B
EMPERADOR INC.	-8.49%	5.2B
RÉMY COINTREAU	-21.91%	4.88B
ZJLD GROUP INC	+5.70%	4.49B
RADICO KHAITAN LIMITED	+4.25%	2.77B
MGP INGREDIENTS, INC.	-18.25%	1.77B
FEVERTREE DRINKS PLC	+4.19%	1.59B

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Morgan Stanley cuts Diageo to 'underweight'

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