Broker Recommendations
Broker tips: Boohoo, Diploma, Royal Dutch Shell
Credit Suisse lifted its stance on shares of fast-fashion retailer Boohoo to ‘neutral’ from ‘underperform’ on Friday.
Broker tips: Kaz Minerals, WM Morrison
Analyst Liberum hiked their target price on Kaz Minerals from 470. 0p to 640. 0p on Thursday after an all-in cash deal valued the group at £3. 0bn.
Broker tips: BP, DCC
Analyst at Berenberg slightly lowered their target price on oil and gas giant BP from 260. 0p to 250. 0p on Wednesday following the group's third-quarter results.
Broker tips: Flutter Entertainment, Travis Perkins, IHG
RBC Capital Markets downgraded Flutter Entertainment on Tuesday to ‘sector perform’ from ‘outperform’ and trimmed the price target to 120. 0p from 125. 0p following a strong run.
Broker tips: Pearson, Beazley, Synthomer, Renishaw
Pearson rallied on Monday after UBS upgraded its rating on shares of the education publisher to ‘buy’ from ‘neutral’ and lifted the price target to 650. 0p from 545. 0p as it becomes more positive on US higher education.
Broker tips: McCarthy & Stone, Kainos
Analysts at Canaccord Genuity raised their target price on homebuilder McCarthy & Stone from 80. 0p to 115. 0p on Friday following today's unexpected offer from private equity group Lone Star.
Broker tips: Moneysupermarket, Hargreaves Lansdown, ABCAM
Liberum cut its price target on Moneysupermarket. com to 335. 0p from 355. 0p on Thursday following the price comparison website’s third-quarter update.
Broker tips: Learning Technologies, Superdry, IAG
Analysts at Canaccord Genuity upped their rating on software and services firm Learnings Technologies from 'hold' to 'buy' on Wednesday, stating the stock's recent sell-off was "overdone".
Broker tips: Next, GB Group, Scotgold
Barclays initiated coverage on shares of retailer Next at ‘overweight’ on Tuesday, with a 7,200. 0p price target.
Broker tips: IHG, Ashmore, Trainline, IWG
Peel Hunt has cut both earnings forecasts and its rating on InterContinental Hotels Group, as the Covid-19 pandemic continues to undermine the international hospitality sector.
Broker tips: Whitbread, JD Sports, Dixons Carphone
Analysts at Berenberg upgraded their rating on hotel operator Whitbread from 'hold' to 'buy' on Friday, stating the current price of the stock left the group undervalued given its real estate portfolio.
Broker tips: Pearson, easyJet, Bunzl
Barclays downgraded its stance on education publisher Pearson to ‘underweight’ from ‘equalweight’ on Thursday, cutting the price target to 520p from 570p as it pointed to multiple risks to 2021 forecasts.
Broker tips: Hammerson, Diploma, Go-Ahead, Stagecoach
Analysts at JPMorgan slashed their target price on real estate investment trust Hammerson from 185. 0p to 30. 0p on Wednesday, stating the group appeared to be "two to three years away" from pursuing its value-enhancing strategy.
Broker tips: XP Power, Pets At Home, Experian
Analysts at Berenberg hiked their target price on power supply manufacturer XP Power from 4,980. 0p to 5,230. 0p on Tuesday, stating its upgrade cycle was continuing.
Broker tips: Electrocomponents, Sanne, Stagecoach
Analysts at Berenberg hiked their target price on industrial and electronics products distributor Electrocomponents from 575. 0p to 815. 0p on Monday, highlighting the acceleration of some pre-existing trends.
Broker tips: Rolls-Royce, Spirent Communications
Analysts at Berenberg slightly lowered their target price on aerospace and defence giant Rolls-Royce from 270. 0p to 250. 0p on Friday ahead go the group's £5. 0bn "reset".
Broker tips: BP, Volution Group
Analysts at Berenberg sounded a positive note on the long-term prospects for BP as it transitions towards renewable energies.
Broker tips: GB Group, Urban & Civic, BP, Shell
Analysts at Canaccord Genuity raised their rating on software firm GB Group from 'hold' to 'buy' on Wednesday, citing a possible upside to consensus estimates.
Broker tips: Gamesys, YouGov
Analysts at Canaccord Genuity took a fresh look at gaming technology firm Gamesys on Tuesday, stating the company's third-quarter update should provide "re-rating impetus".
Broker tips: Experian, Weir Group, Applegreen
Morgan Stanley upgraded Experian to 'overweight' and increased its price target for the credit checking company on a positive outlook for its business-to-consumer operations.