Several London-listed shares received analyst recommendations Monday morning and on Friday. Citigroup raised London Stock Exchange Group's price target to £13,200, while Jefferies raised BAE Systems to 'buy' with a price target of £2,060. Bernstein raised AstraZeneca's price target to £18,000, and HSBC raised AstraZeneca's price target to £13,000. Jefferies also raised Rolls-Royce's price target to £1,290, and HSBC cut Shell to 'hold' with a price target of £2,950.
London, July 2, 2025 - Several London-listed shares received analyst recommendations on Monday morning and Friday, reflecting a mix of bullish and bearish sentiments. Key upgrades include Citigroup's London Stock Exchange Group (LSEG) and Jefferies' BAE Systems, while HSBC cut Shell's recommendation.
London Stock Exchange Group (LSEG)
Citigroup raised LSEG's price target to £13,200 from £13,000, maintaining a 'buy' rating [1]. JPMorgan also increased the price target to £12,900, classifying it as 'overweight'. These upgrades suggest optimism around LSEG's prospects.
BAE Systems
Jefferies upgraded BAE Systems to 'buy' from 'hold', raising the price target to £2,060 from £1,630 [1]. Berenberg, however, kept the rating at 'hold' but raised the price target to £1,850 from £1,770. The mixed signals indicate varying levels of confidence in BAE Systems' performance.
AstraZeneca
Bernstein raised AstraZeneca's price target to £18,000 from £16,500, rating it 'outperform' [1]. HSBC also raised its target to £13,000 from £12,000, maintaining a 'buy' rating. These upgrades reflect analysts' optimism about AstraZeneca's future earnings and growth prospects.
Rolls-Royce
Jefferies raised Rolls-Royce's price target to £1,290 from £920, rating it 'buy' [1]. This upgrade suggests improved expectations for the aerospace giant's financial performance.
Shell
HSBC cut Shell's recommendation to 'hold' from 'buy', lowering the price target to £2,950 from £2,900 [1]. This downgrade indicates concerns about Shell's operational challenges and macroeconomic environment.
Conclusion
Analysts' recommendations provide insights into the current market sentiment for these London-listed shares. While upgrades suggest optimism, downgrades highlight potential risks. Investors should carefully consider these recommendations alongside their own research and analysis.
References
[1] https://www.sharesmagazine.co.uk/news/market/1754296631554000000/london-broker-ratings-jefferies-lifts-bae-systems-hsbc-cuts-shell
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