Broker Recommendations
Broker tips: Plus500, Mitchells & Butlers, AstraZeneca
Analysts at Berenberg upped their target price on online trading business Plus500 from 1,033. 0p to 1,120. 0p on Thursday, stating the group had continued to recent tumultuous conditions across financial markets.
Broker tips: Polymetal, BAE Systems, Flutter
Analysts at RBC Capital Markets hiked their target price in shares of gold miner Polymetal in the wake of the Analysts Day held the day before.
Broker tips: Morrisons, Sainsbury's, Oxford BioMedica, Royal Mail, IAG
Berenberg double-downgraded its stance on Sainsbury’s to ‘sell’ from ‘buy’ on Tuesday but lifted Morrisons to ‘buy’ from ‘hold’ as it took a look at the food retail sector.
Broker tips: Dunelm, Ninety One, IG Group
RBC Capital Markets downgraded its rating on homeware retailer Dunelm to ’sector perform’ from ‘outperform’ on Monday following the recent rally in the shares.
Broker tips: Beazley, GVC, Next, M&S
Beazley could have a once-in-a-generation opportunity to insure cyber risk as companies seek to insulate themselves from damaging attacks, Jefferies said as it upgraded the company to 'buy'.
Broker tips: EasyJet, Schroders
Analysts at Canaccord Genuity slashed their target price on investment manager Schroders from 3,270p to 2,539p on Thursday, citing some near-term downside risks.
Broker tips: Centrica, Blue Prism, Centamin
Centrica faces major headwinds and will not pay a dividend in 2020, Jefferies said as the broker downgraded the struggling energy provider to 'hold' and slashed its price target.
Broker tips: Croda, JD Wetherspoon, Sumo Group
Croda appears on track to pay its 2019 dividend despite the Covid-19 crisis, Liberum said as the broker raised its recommendation on the company's shares to 'buy' and increased its target price.
Broker tips: Diageo, Abcam, Petrofac
Analysts at RBC Capital Markets downgraded drinks maker Diageo from 'outperform' to 'sector perform' on Monday, stating it was no longer "appropriate" to assume the firm's margins would grow faster than other consumer staples companies'.
Broker tips: City Pub Group, Ferguson, Vodafone
Analysts at Berenberg slashed their target price on City Pub Group from 220p to 95p on Friday but said the group's recent fundraiser had left the company with a substantial level of liquidity and a best-in-class balance sheet.
Broker tips: C&C Group, Royal Bank of Scotland, JD Sports
Analysts at Berenberg slashed their target price on brewer C&C Group on Thursday but upped their rating on the group from 'sell' to 'hold'.
Broker tips: Asos, Rightmove, Wetherspoons
JPMorgan Cazenove upgraded its stance on shares of online fashion retailer Asos to ‘overweight’ from ‘neutral’ on Wednesday, arguing that "a stronger operational grip has now been consistently demonstrated" after a turbulent 18 months.
Broker tips: Smith & Nephew, Halma, National Express
Analysts at Citi downgraded their view for shares of medical device maker Smith & Nephew to 'neutral' in anticipation of six to 18 months of difficult trading in the wake of the Covid-19 pandemic.
Broker tips: Assura, William Hill
Analysts at Berenberg lowered real estate firm Assura from 'buy' to 'hold' on Thursday, stating the group's "opportunistic" placing would stress dividend cover.
Broker tips: Plus500, ASOS
Analysts at Berenberg raised their target price on online stockbroker Plus500 from 860p to 1,033p on Wednesday but lowered their rating on the group from 'buy' to 'hold'.
Broker tips: Diageo, United Utilities, Next Fifteen, Antofagasta
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.
Broker tips: Antofagasta, Ascential
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.
Broker tips: Hikma Pharmaceuticals, AJ Bell
JP Morgan has upped its rating on Hikma Pharmaceuticals after the generics specialist won a key patent challenge.
Broker tips: Provident Financial, InterContinental Hotels
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.