Peel Hunt downgraded Close Brothers on Friday to ‘hold’ from ‘add’ and cut the price target by around 18% to 1,031p as it lowered earnings per share estimates by 55% for FY23 and by 4% for FY24 and FY25.
Analysts at Canaccord Genuity made a number of minor changes to its forecasts for eEnergy Group on Friday, stating it was approaching the firm with "cautious optimism" going into 2023.
Analysts at Berenberg very slightly lowered their target price on insurance group Direct Line from 160. 0p to 159. 0p on Friday following the announcement of its quota share deal.
RBC Capital Markets downgraded its stance on online supermarket Ocado and fast-fashion retailer Boohoo on Thursday.
JPMorgan Cazenove upgraded Hiscox on Thursday as it took a look at Lloyd’s insurers.
Berenberg downgraded Direct Line on Wednesday to ‘hold’ from ‘buy’ and slashed the price target to 160p from 272p, as it said investors should be prepared for no dividend per share for 2023.
Analysts at Morgan Stanley upgraded their recommendation for shares of Darktrace from 'equalweight' to 'overweight', arguing that the "broader growth story remained intact".
Credit Suisse downgraded Experian on Wednesday to ‘neutral’ from ‘outperform’ and cut the price target to 2,900p from 3,250p as it said the shares look "fairly valued".
Liberum said on Tuesday that the airline industry is in the early stages of recovery from the pandemic.
Analysts at Berenberg raised their target price on retailer Dunelm from 1,130. 0p to 1,240. 0p on Tuesday, stating the group's numbers "increasingly well underpinned".
Analysts at Canaccord Genuity lowered their target price on cinema chain operator Everyman Media on Monday, stating that while the group had delivered a full-year earnings beat, growth trajectory for the coming two years had "moderated".
Analysts at Berenberg lowered their target price on exploration and production company Energean from 1,750. 0p to 1,580. 0p on Monday, as a slower than expected ramp-up created cause for concern despite the company's solid cash flow story.
Deutsche Bank upgraded its recommendation for shares of Associated British Foods from 'hold' to 'buy', judging that the headwinds from energy prices and foreign exchange rates were reversing.
Analysts at Berenberg reiterated their 'buy' recommendation for shares of Barclays, pointing to the outlook for the lender's returns on tangible equity and low valuation versus peers.
Analysts at Berenberg lowered their target price on retail and commercial bank Secure Trust from 1,820. 0p to 1,420. 0p on Friday as the group continues to navigate current conditions.
UBS downgraded housebuilder Crest Nicholson on Friday to ‘sell’ from ‘neutral’ as it pointed to unfavourable risk/reward.
Analysts at Jefferies downgraded financial services group Hargreaves Lansdown from 'hold' to 'underperform' on Friday, stating rival Vanguard was rapidly approaching.
Bank of America Merrill Lynch upgraded Boohoo and Asos on Friday as it took a look at European online retail.
UBS downgraded precious metals miner Fresnillo on Thursday to ‘sell’ from ‘neutral’ and cut the price target to 850p from 900p.
Analysts at Jefferies took a fresh look at mining group Antofagasta on Thursday after the group's fourth-quarter production and costs met its most recently revised guidance.