Analysts at Liberum upgraded drinks maker Diageo from 'hold' to 'buy' on Tuesday, stating that they were confident that the firm's brands and hard to replicate route-to-consumer path would survive the Covid-19 pandemic.
Analysts at RBC Capital Markets downgraded shares in Antofagasta to 'underperform' and lowered their target price, saying the South American copper miner faced more downside than its peers from the Covid-19 pandemic impact.
JP Morgan has upped its rating on Hikma Pharmaceuticals after the generics specialist won a key patent challenge.
Analysts at Berenberg slashed their target price on British sub-prime lender Provident Financial from 470p to 250p on Wednesday, stating that the Covid-19 outbreak had dealt the group another setback.
JP Morgan has reduced its forecasts for the UK housebuilding sector, including cutting its rating on Redrow and Taylor Wimpey.
JPMorgan Cazenove downgraded shares of Cineworld to ‘neutral’ from ‘overweight’ on Monday and slashed the price target to 90p from 300p after the company shut the doors to its cinemas due to the coronavirus outbreak.
ShoreCap reiterated its 'buy' recommendation for shares of Associated British Foods, hailing its "exceptionally good liquidity".
Those aerospace firms with higher exposure to Defence and enjoying a "strong" cash position are at a lower risk of having to "review" their policies on dividend payouts, Credit Suisse said.
Analysts at Canaccord Genuity upgraded their recommendation for shares of Marshalls from 'sell' to 'hold', saying that they expected "modest" profit growth for 2020.
Analysts at Berenberg slashed their target price on mining firm Gem Diamonds from 92. 0p to 44. 0p on Friday, stating that the recent coronavirus outbreak had hit the diamond market's recovery.
Berenberg downgraded its stance on shares of trading platform AJ Bell to ‘sell’ from ‘hold’ on Thursday, slashing the price target to 280p from 370p.
Analysts at Berenberg cut their target price on industrial engineering firm IMI from 985. 0p to 815. 0p on Wednesday, stating that risks remained elevated for the remainder of 2020.
Berenberg downgraded its stance on Meggitt to ‘hold’ from ‘buy’ on Tuesday and slashed the price target to 490p from 695p, arguing that the valuation is constrained.
Citi analysts stood by their 'buy' recommendation for shares of the London Stock Exchange Group, telling clients they still believed that exchanges should be more protected from earnings downgrades than other financials.
JP Morgan analysts changed their tune on shares of UK-listed diversified miners in the wake of the recent 15-20% share price falls in the space.
Aggreko's annual results showed the company making progress but the coronavirus outbreak poses a short-term risk, Barclays said as the bank trimmed its share price target.
Analysts at Canaccord Genuity slightly lowered their target price on shares of builders' merchant and home improvement retailer Travis Perkins from 1,720. 0p to 1,700. 0p on Wednesday but stated that a "simpler and more coherent future" still awaited the group.
EasyJet will be the UK airline worst affected by the coronavirus outbreak, HSBC analysts said as they kept their 'buy' rating on the London-listed carriers.
EasyJet will be the UK airline worst affected by the coronavirus outbreak, HSBC analysts said as they kept their 'buy' ratings on all four London-listed carriers.
House broker Peel Hunt cut the price target on shares of On The Beach on Monday to 400p from 550p following the company’s profit warning at the end of last week.