Broker Recommendations
Broker tips: Shell, TP Icap, Office stocks
Berenberg has retained its ‘hold’ rating on Royal Dutch Shell, but warned downgrades to earnings forecasts were likely.
Broker tips: Standard Life Aberdeen, Next
Analysts at JP Morgan upgraded their recommendation for shares of Standard Life Aberdeen from 'neutral' to 'overweight' after analysing the various avenues at the new chief executive officer's disposal to close the valuation gap versus rivals.
Broker tips: William Hill, BT Group, Rolls Royce
Analysts at Jefferies laid out their scenario analysis for William Hill, the most 'bullish' of which could see the shares gain more than half in value to 460. 0p.
Broker tips: Shell, Close Brothers Group, Aston Martin
All is not well at Royal Dutch Shell, Citi said as the bank reiterated its 'sell' rating on Britain's biggest oil company.
Broker tips: Boohoo, Wizz Air, Tui
Analysts at JP Morgan Cazenove initiated coverage on fashion retailer Boohoo with an 'overweight' rating on Wednesday.
Broker tips: EasyJet, Superdry, RDI REIT
Citigroup has slashed its price target for EasyJet as it reduced full-year forecasts for the low-cost carrier.
Broker tips: Keywords Studios, Burberry
Analysts at Berenberg raised their target price on video games developer Keywords Studios from 2,250. 0p to 2,510. 0p on Monday, stating the firm now had a "stronger" mid-term growth outlook than before.
Broker tips: Informa, Petropavlovsk, Compass Group
JPMorgan Cazenove downgraded its stance on shares of Informa to ‘neutral’ from ‘overweight’ on Thursday and slashed the price target to 389. 0p from 528. 0p as it waits for business travel to return.
Broker tips: Capital & Regional, Morrisons, William Hill
Analyst at Berenberg slashed their target price on real estate investment trust Capital & Regional from 100. 0p to 50. 0p on Wednesday, stating "leverage concerns" were growing.
Broker tips: Trainline, MJ Gleeson, Glencore
Trainline shares were weaker on Tuesday as JPMorgan Cazenove slashed its price target to 387p from 517p and cut its estimates ahead of the company’s first-half trading update this week.
Broker tips: Ryanair, Premier Oil, John Wood Group
Liberum downgraded its stance on shares of budget airline Ryanair to ‘hold’ from ‘buy’ on Monday, as it said the stock was "best in class" but risks are balanced.
Broker tips: Rolls-Royce, Travis Perkins, Avast, Royal Mail
Analysts at Berenberg slashed their target price on aerospace and defence manufacturer Rolls-Royce from 890. 0p to 270. 0p on Friday but upped their rating on the firm from 'hold' to 'buy', stating nothing was priced in for a turnaround.
Broker tips: Computacenter, Petrofac, Rio Tinto, Hargreaves Lansdown
Higher demand for business continuity services appears to have become a structural trend for Computacenter, Barclays said as it increased its price target for the IT infrastructure company.
Broker tips: Informa, IMI, William Hill, AstraZeneca
Citi said Informa shares could come under short-term pressure as the bank cut its target price on the company based on the expected impact of Covid-19.
Broker tips: Oxford Instruments, Midwich, BT
Analysts at ShoreCap reiterated their 'buy' recommendation for shares of Oxford Instruments on the back of the company's update on trading at its annual general meeting.
Broker tips: Hikma Pharmaceuticals, Imperial Brands, Pearson
Barclays upgraded Hikma Pharmaceuticals to 'overweight' and increased its price target on the company's shares after a US court ruled in favour of the generic drugmaker's treatment for heart conditions.
Broker tips: Barratt Developments, Next, Johnson Service Group
Analysts at Canaccord Genuity nudged up their target price on residential property developer Barratt Developments from 625. 0p to 630. 0p on Thursday, stating the group's planned volume growth supported profit recovery.
Broker tips: Aggreko, WPP, IAG
Aggreko was under the cosh on Wednesday as Morgan Stanley initiated coverage of the stock at ‘underweight’ with a 400. 0p price target.
Broker tips: Bunzl, IAG
Analysts at Berenberg raised their target price on business services provider Bunzl from 2,250. 0p to 2,650. 0p on Tuesday, citing the group's "standout display of earnings resilience" in the first half.