Analysts at Barclays downgraded multinational mining company Anglo American to 'equal weight' and lowered their target price on its shares from 3,600. 0p to 2,700. 0p on Monday, stating there appeared to be "turbulence ahead" for the group.
Analysts at Berenberg downgraded mining giant BHP from 'buy' to 'hold' on Monday, stating "the big fella" was lacking near-term catalysts.
Analysts at Jefferies reiterated their 'buy' recommendation for shares of Anglo American following investor meetings with the miner's boss, Mark Cutifani, its finance director, Stephen Pearce, and its head of investor relations, Paul Galloway.
Analysts at Berenberg upgraded Holiday Inn owner Intercontinental Hotels Group from 'hold' to 'buy' on Friday following a better-than-expected first-half performance.
Analysts at ShoreCap resumed coverage of Beazley with a 'buy' recommendation, arguing that the insurer was "best placed" to benefit from the rating cycle across its cyber and liability (casualty) lines - where rate momentum was accelerating.
Analysts at Canaccord Genuity raised their target price on finance company Duke Royalty from 45. 0p to 52. 0p on Thursday following the firm's "resilient" full-year trading performance.
Deutsche Bank downgraded Britvic to ‘hold’ from ‘buy’ on Thursday as it said there is now insufficient upside to the shares to maintain a ’buy’ stance.
Drax shares powered ahead on Thursday after Barclays hiked its price target by 75% to 960p, implying 120% upside potential.
Analysts at JP Morgan reiterated their 'overweight' recommendation for shares of Reckitt Benckiser ahead of the consumer goods giant's Investor Day on 23 September.
Analysts at Berenberg raised their target price on software outfit Darktrace from 750. 0p to 850. 0p on Wednesday, citing outperformance "across the board".
Liberum reinitiated coverage of Rightmove on Wednesday with a ‘buy’ rating, up from ‘hold’ previously, and a price target of 820p, up from 535p.
Analysts at Canaccord Genuity hiked their target price on diversified financials outfit Equals Group from 57. 0p to 98. 0p on Tuesday following the firm's recently published interim results.
Analysts at Berenberg downgraded their recommendation and cut their target price for shares of ITM Power following the 'green' hydrogen specialist's full-year results.
Investors increasingly expect the European equity rally to continue into 2022 but for gains to be more muted, a Bank of America survey showed.
Analysts at Barclays downgraded their stance for European miners to 'neutral' given China's "rapid" steel production cuts and the likelihood that they might extend into 2022 and beyond in order to limit industry emissions.
Equity strategists at JP Morgan remained "constructive" on equities, but predicted that leadership in the stock market would shift towards cyclicals going into year-end.
Liberum has upped both its forecasts and price target for SThree after the specialist recruiter posted a strong set of third-quarter numbers.
Analysts at RBC Capital Markets lowered their target price on financial services firm CMC Markets from 560. 0p to 410. 0p on Monday after the group's "more cautious" net operating income guidance for FY22.
Analysts at Berenberg cut their target price on low-cost carrier EasyJet from 930. 0p to 720. 0p on Monday after the group's larger than expected equity raise.
Analysts at Berenberg slightly lowered their target price on investment manager Ashmore Group from 340. 0p to 330. 0p on Friday, stating margin pressures were now compounding net flow risks.