Broker Recommendations
JPMorgan puts Royal Mail on 'Negative Catalyst Watch', shares slump
Royal Mail slumped on Friday after JPMorgan Cazenove placed the shares on ‘Negative Catalyst Watch’ ahead of the company’s next update on 10 February.
Berenberg hikes target price on John Wood
Analysts at Berenberg raised their target price on oilfield services provider John Wood Group from 250. 0p to 300. 0p on Friday after the firm released a full-year trading statement indicating both revenues and adjusted underlying earnings were in line with prior guidance and consensus.
Canaccord Genuity raises target price on SmartSpace
Analysts at Canaccord Genuity hiked their target price on software firm SmartSpace from 140. 0p to 160. 0p on Friday after the company said it had built on its strong first-half software-as-a-service momentum.
Deutsche Bank upgrades Berkeley, downgrades Persimmon
Deutsche Bank reviewed its ratings on several UK housebuilders on Friday as it considered the outlook for 2022.
BoA downbeat on airline sector, downgrades IAG
Analysts at Bank of America sounded a downbeat note on the outlook for the airline sector, but were quite bullish on freight stocks.
HSBC downgrades Nichols, cites inflation concerns
HSBC downgraded Vimto maker Nichols on Thursday to ‘hold’ from ‘buy’ and cut the price target to 1,480p from 1,550p.
Berenberg lowers target price on CareTech
Analysts at Berenberg lowered their target price on care homes operator CareTech Holdings from 700. 0p to 660. 0p on Thursday, stating both top-line growth and margins appeared to be under pressure.
Liberum slashes Asos target price, says much left to do to meet full-year guidance
Analysts at Liberum slashed their target price for shares of Asos after the company posted weaker-than-expected sales for the first four months of its financial year.
Canaccord Genuity raises target price on Quixant
Analysts at Canaccord Genuity raised their target price on gaming hardware manufacturer Quixant from 225. 0p to 240. 0p on Thursday after broad-based demand drove a full-year earnings beat for the firm.
Morgan Stanley names Shell 'top pick', says sector still 'attractive'
Analysts at Morgan Stanley reiterated their "attractive" view on the European Oil&Gas sector, telling clients that many of the arguments that supported the sector's outperformance in 2021 remained "equally relevant" today.
Berenberg downgrades FD Technologies to 'sell', slashes target price
Analyst at Berenberg downgraded FD Technologies from 'hold' to 'sell' on Wednesday and cut its target price on the stock from 2,200. 0p to 1,600. 0p, citing "misplaced optimism".
Canaccord Genuity nudges up target price on Equals Group
Analysts at Canaccord Genuity nudged up their target price on diversified financials firm Equals Group from 99. 0p to 106. 0p on Wednesday following a "positive trading update" from the company.
JPMorgan downgrades Jupiter Fund Management to 'neutral'
JPMorgan Cazenove downgraded its stance on Jupiter Fund Management on Wednesday to ‘neutral’ from ‘overweight’ as it took a look at European asset managers.
Berenberg maintains 'top pick' rating on CLS Holdings
Analysts at Berenberg took a fresh look at the UK real estate sector on Tuesday as the London workforce works from home once again following the implementation of Britain's "Plan-B" Covid-19 restrictions.
Barclays lifts BAT price target, says stock is cheap
Barclays lifted its price target on British American Tobacco on Monday to 3,400p from 3,300p, arguing that the shares are at an inflection point.
Berenberg raises target price on JD Sports
Analysts at Berenberg hiked their target price on retailer JD Sports from 240. 0p to 285. 0p on Monday ahead of the firm's Christmas trading update on 12 January.
Canaccord Genuity initiates coverage on Windward at 'buy'
Analysts at Canaccord Genuity initiated coverage on software firm Windward with a 'buy' rating and a 305. 0p target price on Monday, stating it spied growth on the horizon for the firm.
Berenberg upgrades Rio Tinto, Centamin
Berenberg upgraded Rio Tinto and Centamin on Friday as it took a look at the metals and mining sector.
SThree tumbles on Jefferies downgrade to 'hold'
Specialist recruiter SThree was under the cosh on Friday after Jefferies downgraded its stance on the shares to ‘hold’ form ‘buy’ and slashed the price target to 500p from 650p.