Broker Recommendations
Broker tips: Warpaint, Schroders, Braemar, Morgan Sindall
RBC Capital Markets initiated coverage of Warpaint on Friday with an ‘outperform’ rating and 685. 0p price target.
Broker tips: Nexteq, Lloyds
Analysts at Canaccord Genuity lowered their target price on business-to-business technology firm Nexteq from 200. 0p to 110. 0p on Friday, citing short-term headwinds.
Broker tips: Bridgepoint, Elementis, IAG, EasyJet
Citi downgraded its stance on alternative asset fund management group Bridgepoint on Wednesday to 'neutral' as it said there were limited near-term catalysts after the shares have risen 80% over the past year.
Broker tips: TI Fluid Systems, RWS Holdings, Melrose Industries
Jefferies downgraded its stance on TI Fluid Systems on Tuesday to 'hold' from 'buy' and cut its target price on the stock from 215. 0p following a takeover proposal from ABC Technologies.
Broker tips: Trainline, Softcat
Shore Capital has reiterated its 'buy' rating for Trainline after the bookings platform upgraded its full-year guidance on Monday, predicting significant upside for the stock from current levels.
Broker tips: SSE, Flutter Entertainment
Analysts at Berenberg raised their target price on bookmaker Flutter Entertainment from 18,800. 0p to 20,300. 0p on Friday as it updated its estimates for the group's mid-term targets.
Broker tips: International Capital Group, Quilter
Berenberg started coverage of capital asset manager International Capital Group at ‘buy’ on Thursday with a 2,600p price target.
Broker tips: Ibstock, Forterra, Volution
Jefferies upgraded both Ibstock and Forterra on Wednesday to ‘buy’ from ‘hold’ "given the current compelling demand-supply dynamic in the UK brick sector".
Broker tips: SSE, Morgan Sindall
Analysts at Berenberg hiked their target price on utilities giant SSE from 2,100. 0p to 2,300. 0p on Tuesday, stating the group's quasi-regulated business mix had served it well through the energy market turmoil of recent years.
Broker tips: Intertek, Cerillion, Future, Midwich
RBC Capital Markets downgraded Intertek on Monday to 'sector perform' from 'outperform' and cut its price target on the stock to 5,000. 0p from 5,200. 0p.
Broker tips: Rio Tinto, Bunzl
Analysts at Berenberg lowered their target price on mining giant Rio Tinto from 6,200. 0p to 6,000. 0p on Friday following the group's Q3 operational review.
Broker tips: Plus500, Quilter
Analysts at Canaccord Genuity downgraded capital markets business Plus500 from 'speculative buy' to 'hold' on Thursday but hiked their target price on the stock from 1,883. 0p to 2,650. 0p ahead of the group's Q3 trading update on 28 October.
Broker tips: On The Beach, Bellway
Canaccord Genuity lowered its target price on packaged holidays business On The Beach from 220. 0p to 187. 0p following the group's recent trading update.
Broker tips: Bodycote, NatWest, Lloyds, National Grid
RBC Capital Markets has upgraded its rating Bodycote following recent weakness in the share price, saying that the stock looks "attractive value" in spite of end-market headwinds.
Broker tips: Wizz Air, JD Sports, Bunzl
Analysts at Citi placed budget carrier Wizz Air on 'negative catalyst watch' on Monday, stating it now sees downside risk to the group's FY25 guidance.
Broker tips: Aston Martin Lagonda, Burberry, Johnson Matthey
Jefferies downgraded its stance on Aston Martin Lagonda on Thursday to 'hold' from 'buy' and cut the price target to 120. 0p from 25. 00p as it said it struggles to see a scenario that does not require new equity.
Broker tips: Watches of Switzerland, Avation, Experian
Deutsche Bank upgraded Watches of Switzerland on Thursday to 'buy' from 'hold' and lifted its price target on the stock to 490. 0p from 435. 0p as it said now was the right time to revisit the WOSG investment case and its mid-term growth potential.
Broker tips: Big Technologies, EasyJet, Kitwave
Analysts at Berenberg lowered their target price on technology platform operator Big Technologies from 155. 0p to 140. 0p on Wednesday but said it was more optimistic going into FY25 following a "tough" H1.
Berenberg lowers target price on Big Technologies
Analysts at Berenberg lowered their target price on technology platform operator Big Technologies from 155. 0p to 140. 0p on Wednesday but said it was more optimistic going into FY25 following a "tough" H1.
Canaccord Genuity raises target price on Kitwave following Creed Catering acquisition
Analysts at Canaccord Genuity hiked their target price on foodservice wholesaler Kitwave from 455. 0p to 495. 0p on Wednesday following the group's £70. 0m cash acquisition of Creed Catering Supplies.