Credit Suisse started coverage of food concessions group SSP at 'underperform' with a 220. 0p target price, telling clients that the multiple headwinds from the Covid-19 pandemic were set to be stronger and be longer-lasting than what analysts were anticipating.
Rio Tinto: Deutsche Bank upgrades to buy with a target price of 4,900. 0p.
Analysts at Berenberg reiterated their 'sell' rating on supermarket giant Sainsbury's on Thursday, stating the group's recent performances provided a "selling opportunity".
Liberum downgraded its rating on shares of Auto Trader on Thursday to ‘hold’ from ‘buy’ and cut the price target to 515p from 640p as it said the stock looks fully valued given the uncertain outlook.
Analysts at Liberum hiked their target price on British logistics outfit DX from 14. 0p to 30. 0p on Wednesday, stating the group had executed "a remarkable turnaround".
Analysts at Berenberg lowered their target price on equipment rental company Ashtead from 2,000. 0p to 1,750. 0p on Wednesday, stating the group's recent share price performance had defied "softness" in lead indicators.
Unite Group: Berenberg downgrades to hold with a target price of 1,000. 0p.
Equity strategists at Bank of America reiterated their 'overweight' stance towards French, Spanish and Italian stocks, telling clients, notwithstanding a possible setback in the States, the European recovery was proceeding more smoothly.
Paragon: Canaccord upgrades to buy with a target price of 454. 0p.
Online fashion retailer Asos is likely to report a muted third quarter, Liberum said in a note on Tuesday.
Analysts at Credit Suisse kept their recommendation for shares of Hunting at 'hold', warning clients to expect only a "modest" recovery in activity in the US shale oil sector.
Analysts at Berenberg slashed their target price on hotelier Whitbread from 3,000. 0p to 2,400. 0p on Tuesday as the group primed itself to reopen following Covid-19 lockdowns and associated travel restrictions.
Citi kept its 'buy' rating on The Restaurant Group but cut its target share price by a quarter with uncertainty about consumer behaviour hanging over the restaurant sector.
Analysts at Credit Suisse reiterated their 'overweight' stance on shares of BAE Systems, highlighting the continuing perception by countries that threat levels remain elevated and in anticipation that the dividend payout would be maintained, even if with a bit of a lag in the case of the latter.
Analysts at Berenberg initiated coverage on software and IT services provider Draper Esprit at 'buy' on Monday, stating the company represented a "rare asset class at a rare valuation".
Balfour Beatty: Jefferies downgrades to hold with a target price of 260. 0p.
Jefferies downgraded its stance on shares of construction group Balfour Beatty to ‘hold’ from ‘buy’, citing "diminished upside" with the shares now back at pre-Covid levels.
Crest Nicholson: Jefferies downgrades to hold with a target price of 226. 0p.
Analysts at Berenberg downgraded their recommendation for shares of self-storage company Safestore from 'buy' to 'hold' on Friday, stating that the group's outperformance was likely to slow.
JPMorgan Cazenove upgraded its recommendation on shares of Rentokil Initial to ‘overweight’ from ‘neutral’ on Friday and lifted the price target to 560p from 430p as it pointed to earnings upside and M&A optionality.