European analysts revise ratings and targets on BAT, Imperial Brands and Kingfisher
BTI•JP Morgan reinstated coverage of BAT with an overweight rating and a 5,300p target, and of Imperial Brands with a neutral rating and a 3,200p target. Barclays raised its Kingfisher target to 350p from 320p.
1. Analyst actions
JP Morgan reinstated coverage of BAT with an overweight rating and a 5,300p target price, and coverage of Imperial Brands with a neutral rating and a 3,200p target. Barclays raised its Kingfisher target price to 350p from 320p. Other actions included Barclays cutting its target for AP Moller Maersk to DKK 17,500 from DKK 25,000 and raising its target for UniCredit to EUR 106.3 from EUR 102.6.
