Broker Recommendations
Broker tips: Standard Life Aberdeen, Accesso Technology
Analysts at Jefferies cut their target price for shares of Standard Life Aberdeen from 410. 0p to 361. 0p, but still saw value in the shares and therefore kept their recommendation at 'buy'.
Broker tips: Ferguson, Greencoat Renewables, Pets at Home
JPMorgan Cazenove upped its stance on shares of plumbing and heating products distributor Ferguson to 'overweight' from 'neutral' on Wednesday after the stock sold off the day before on the back of half-year results.
Broker tips: Ocado, Spectris, Rolls-Royce, Amigo
Societe General sees Ocado shares as "significantly overvalued" after the online grocery group hit a new all-time high, reiterating its 'sell' rating.
Broker tips: Wood Group, Dechra Pharmaceuticals, RBS, United Utilities
Jefferies has downgraded Wood Group, over concerns that the dividend could come under pressure at the energy services firm.
Broker tips: Polypipe, Informa
Analysts at Peel Hunt downgraded their recommendation on stock in Polypipe following the recent sharp run-up in the share price.
Broker tips: Cairn Energy, Greencore, Bakkavor
Analysts at RBC Capital Markets downgraded shares of oil and gas outfit Cairn Energy from 'outperform' to 'sector perform' on Friday, noting that the "chance of a quick, 160p, payout" had been deferred.
Broker tips: Vodafone, IAG, Ocado, Marks & Spencer, Experian
Vodafone management should voluntarily cut the dividend to support deleveraging efforts and restore confidence to the under-pressure shares, said JPMorgan Cazenove on Monday.
Broker tips: Rio Tinto, BHP, Quiz, Ultra Electronics, Just Eat
Rio Tinto and BHP were knocked lower on Thursday as Societe Generale downgraded its recommendation on both stocks as it moved to a more cautious stance on most of the metals and mining stocks it covers following year-to-date gains.
Broker tips: Burberry, Taylor Wimpey, Bovis, Persimmon
Burberry was under the cosh on Wednesday as Goldman Sachs cut its stance on the stock to ‘sell’ from ‘neutral’ and reduced the price target to 1,855p from 2,148p, pointing to a demanding valuation.
Broker tips: Genus, United Utilities
Animal genetics specialist Genus got a boost on Tuesday as Liberum upgraded the stock to 'buy' from 'hold' and lifted the price target to 2,500p from 2,500p.
Broker tips: Rightmove, Relx
Analysts at Barclays sounded a cautious note on shares of Rightmove, pointing out how they were continuing to trade at a premium to the second-tier index even in face of slower growth.