Broker Recommendations
Canaccord stays at 'buy' for Gresham House on 'strong' outlook
Analysts at Canaccord Genuity have reiterated their 'buy' recommendation and 839. 0p target price for shares of Gresham House, the alternative fund manager, given its focus on Environmental, Social and Governance issues and "strong" long-term outlook for the business.
Liberum hikes target price on Keywords Studios
Analysts at Liberum hiked their target price on Keywords Studios from 1,825. 0p to 2,450. 0p, stating the long-term outlook for both the firm and the video games industry at large was looking "better than ever".
Friday broker round-up
Petropavlovsk: Canaccord downgrades to hold with a target price of 40. 0p.
Citi says 'buy' Ceres Power and ITM Power
Citi advised investors to 'buy' shares of Ceres Power and ITM Power as the bank initiated coverage of European hydrogen equipment makers.
Thursday broker round-up
Compass: Barclays upgrades to overweight with a target price of 1,500. 0p.
Canaccord downgrades Petropavlovsk to 'hold'
Analysts at Canaccord Genuity lowered gold miner Petropavlovsk to 'hold' from 'speculative buy' on Thursday, stating uncertainty still remained around its future.
Barclays makes long-term call on Compass, upgrades to ‘overweight’
Barclays upgraded catering company Compass Group on Thursday to ‘overweight’ from ‘equalweight’ and hiked the price target to 1,500p from 1,050p.
JPMorgan downgrades Informa as it waits for business travel to return
JPMorgan Cazenove downgraded its stance on shares of Informa to ‘neutral’ from ‘overweight’ on Thursday and slashed the price target to 389p from 528p as it waits for business travel to return.
Deutsche Bank hikes target price on William Hill
Analysts at Deutsche Bank upped their target price on bookmaker William Hill from 160. 0p to 271. 0p on Wednesday after some positive deal news from across the pond.
Wednesday broker round-up
Morrison: JP Morgan downgrades to underweight with a target price of 160. 0p.
JP Morgan cuts Morrisons to 'underweight'
Investors should steer clear of UK food retailers, JP Morgan said as the bank downgraded Morrisons to 'underweight' and cut its share price target for the supermarket group.
Berenberg cuts target price on Capital & Regional
Analyst at Berenberg slashed their target price on real estate investment trust Capital & Regional from 100. 0p to 50. 0p on Wednesday, stating "leverage concerns" were growing.
RBC ups Glencore to 'outperform' following MBO 'thought experiment'
Analysts at RBC Capital Markets upped their rating on mining giant Glencore from 'sector perform' to 'outperform' on Tuesday after exploring the group's "deep value" through a management buyout "thought experiment".
Trainline hit as JPMorgan cuts estimates ahead of H1 results
Trainline shares were weaker on Tuesday as JPMorgan Cazenove slashed its price target to 387p from 517p and cut its estimates ahead of the company’s first-half trading update this week.
Tuesday broker round-up
Glencore: RBC Capital Markets upgrades to outperform with a target price of 240. 0p .
Canaccord Genuity ups MJ Gleeson to 'buy'
Analysts at Canaccord Genuity upped their recommendation on low-cost housebuilder MJ Gleeson from 'hold' to 'buy' on Tuesday, stating that growth had been "interrupted but not prevented".
Berenberg slightly lowers target price on John Wood Group
Analysts at Berenberg slightly lowered their target price on oilfield services provider John Wood Group from 300. 0p to 290. 0p on Monday.
Contested US election is biggest market risk - JP Morgan
A contested US election, renewed trade uncertainty and a Covid-19 vaccine delay are risks for equities as markets head towards year-end, JP Morgan said.
Canaccord Genuity cuts target price on Premier Oil
Analysts at Canaccord Genuity cut their target price on independent upstream oil and gas company Premier Oil from 55. 0p to 20. 0p on Monday, stating it had identified some "valuation sensitivities" following its recent restructuring.