Broker Recommendations
Broker tips: Cineworld, Oxford Instruments
Analysts at Canaccord Genuity lowered their target price on theatre operator Cineworld from 355p to 270p on Friday, noting the rough ride for investors may not yet be over.
Broker tips: Hochschild Mining, Johnson Matthey, IGas Energy, Pets at Home
Analysts at Berenberg lowered their price target on precious metals group Hochschild Mining from 190p to 170p on Thursday, saying there was "no mercy in these markets".
Broker tips: Johnson Matthey, Mitchells & Butlers
Liberum slashed its price target on shares of Johnson Matthey on Wednesday to 3,500p from 4,400p following the company’s first-half results earlier this month.
Broker tips: Fevertree, Paragon Banking, Persimmon
Analysts at Berenberg lowered their target price on shares of soft drinks maker Fevertree on Tuesday, noting that UK growth had been "less smooth" than it had been in the US.
Broker tips: Hays, Softcat, JD Sports
Credit Suisse has downgraded shares of Hays, citing looming threats to organic growth in some of the recruiter’s core markets.
Broker tips: Coats Group, Frontier Developments
Shares of industrial thread maker Coats Group slumped on Friday as it said that sales in the four months to the end of October slowed.
Broker tips: Domino's Pizza, Mitchells & Butlers
Analysts at Berenberg slightly raised their target price on 'sell' rated restaurant chain Domino's Pizza Group on Thursday, stating that the stock's rise in recent months was "overdone".
Broker tips: Equiniti, EasyJet, Burford Capital
Analysts at Barclays cut their target price for Equiniti's shares on the heels of weaker UK macroeconomic conditions that hit its Pensions arm in the second half of the year, falling interest rates in the States and the drag from foreign exchange rates.
Broker tips: Jadestone Energy, Forterra, Ibstock, Lloyds
Analysts at Berenberg upped their target price on upstream oil and gas firm Jadestone Energy on Tuesday following the group's acquisition of a 69% working interest in the Maari project in the Taranaki Basin, offshore New Zealand.
Broker tips: HSBC, Vodafone, Consort Medical
Analysts at Jefferies upgraded their recommendation for shares of HSBC from 'hold' to 'buy' in anticipation of an uplift to the lender's return on capital as it restructured some of its operations.
Broker tips: Capital & Counties, Taylor Wimpey, Tullow Oil
Peel Hunt upgraded its stance on shares of Capital & Counties to 'buy' from 'add' on Thursday, lifting the price target to 300p from 280p as it pointed to "significant upside" from a double disposal.
Broker tips: Senior, Ashtead, Howden Joinery
Analysts at Berenberg downgraded aerospace and defence firm Senior from 'buy' to 'hold' on Tuesday, saying that the group's wings had been "clipped" after its management lowered their growth outlook.
Broker tips: Aston Martin Lagonda, Provident Financial
Aston Martin Lagonda got a boost on Monday as HSBC upped its stance on the stock to 'buy' from 'hold' and lifted the price target to 550p from 533p, saying the launch of the DBX could be a turning point for the equity story.
Broker tips: Hiscox, BT
Analysts at Canaccord Genuity upped their rating on shares of insurance firm Hiscox from 'hold' to 'buy' on Friday, saying the share price reaction to the group's trading update earlier this week appeared to be overdone.
Broker tips: SSE, M&S
Analysts at Berenberg lowered their rating on energy company SSE from 'buy' to 'hold' on Thursday, stating the group's transition was now priced in.
Broker tips: Carnival, Rio Tinto, Rolls Royce
Analysts at Berenberg reiterated their 'sell' stance on shares of Carnival, telling clients that although valuation might look "depressed", macro "weakness" could see earnings in the sector drop by between 24. 0% and 74. 0%.