Broker Recommendations
Broker tips: Wizz Air, Trainline
Analysts at Berenberg raised their target price on budget airline Wizz Air from 4,800. 0p to 5,000. 0p on Friday, stating the group was on track to bounce back from the Covid-19 pandemic better than ever.
Broker tips: Aveva, Entain, Fresnillo
Jefferies upgraded its stance on shares of Aveva on Thursday to 'buy' from 'hold' and hiked the price target to 4,500. 0p from 4,000. 0p.
Broker tips: Griffin Mining, Babcock, Greencore
Analysts at Berenberg raised their target price on Griffin Mining from 130. 0p to 170. 0p on Wednesday following a 107% increase in its Zone II resource at the group's Caijiaying mine in China.
Broker tips: Senior, Trainline, Indivior
Analysts at Berenberg hiked their target price on aerospace and defence outfit Senior from 50. 0p to 85. 0p on Tuesday but noted that although the group was "on steadier footing", its recovery path still remained "unclear".
Broker tips: Synthomer, Evraz
Analysts at Berenberg raised their target price on chemicals group Synthomer from 430. 0p to 515. 0p on Monday, stating continued upgrades from nitrile latex provided "an auspicious backdrop" for 2021.
Broker tips: Hargreaves Lansdown, Bango, Bunzl, British Land
Analysts at Canaccord Genuity raised their target price on financial services firm Hargreaves Lansdown from 1,493. 0p to 1,695. 0p on Friday following the strong market rally into the 2020 calendar year-end.
Broker tips: Ashtead, Cairn Energy, Hiscox, Sainsburys
Deutsche Bank upgraded its stance on equipment rental firm Ashtead to 'buy' from 'hold' on Thursday and hiked the price target to 4,100p from 3,000p, based on "growth opportunity and lower cyclicality", as it said the Specialty business was a game changer.
Broker tips: Royal Mail, Travis Perkins, Randall and Quilter
Deutsche Bank upgraded Royal Mail to 'buy' from 'hold' on Wednesday, highlighting a "complete change of outlook", as it hiked the price target to 550. 0p from 320. 0p.
Broker tips: AJ Bell, Spirent, Indivior
Berenberg upgraded its stance on shares of investment platform AJ Bell on Tuesday to 'hold' from 'sell' and hiked their price target on the stock to 400. 0p from 230. 0p.
Broker tips: Paragon, Chemring, Blue Prism
Analysts at Canaccord Genuity hiked their target price on diversified financials group Paragon from 454. 0p to 548. 0p on Monday, pointing to the company's "exemplary track record" in terms of asset quality and operating performance throughout economic cycles.
Broker tips: Wood Group, Lamprell, Vesuvius
Barclays downgraded Wood Group to ‘equalweight’ from ‘overweight’ on Friday and cut the price target to 330p from 370p following recent outperformance.
Broker tips: Frontier Developments, Anglo American, Antofagasta
Analysts at Berenberg hiked their target price on video games developer Frontier Developments from 2,500. 0p to 3,500. 0p on Thursday after the group delivered another strong trading update a day earlier.
Broker tips: Kenmare Resources, Vesuvius, Rio Tinto
Analysts at Berenberg raised their target price on mining company Kenmare Resources from 390. 0p to 460. 0p on Wednesday after the group's fourth-quarter earnings topped estimates.
Broker tips: UK lenders, Clarkson, UK Asset managers
Barclays' analysts sounded a relatively confident note on the outlook for the main UK lenders despite the added uncertainty from renewed Covid-19 restrictions.
Broker tips: Weir Group, Cairn Energy
Credit Suisse has downgraded Weir Group to 'neutral', arguing that the investment case for the engineer is less clear following the agreed disposal of its oil and gas business.
Broker tips: Tyman, Energean, Hargreaves Lansdown
Analysts at Liberum raised their target price on door and window components distributor Tyman from 320. 0p to 400. 0p on Friday and retained their 'buy' rating on the stock.
Broker tips: DS Smith, Smurfit Kappa, Next, CRH
Jefferies upgraded its ratings for DS Smith and Smurfit Kappa shares to 'buy' as the broker predicted positive trading for packaging companies due to eCommerce and environmental pressures.
Broker tips: Standard Chartered, Vodafone, Greggs
Lower credit costs will boost Standard Chartered’s earnings more than investors expect, Jefferies said as it nudged up its price target for the bank's shares from 589. 0p to 594. 0p and restated its 'buy' rating on the stock.
Broker tips: Royal Mail, JTC Group
Berenberg upped its rating on Royal Mail on Tuesday to ‘hold’ from ‘sell’ and hiked the price target to 280p from 137p as it said risks remain but are now balanced.
Broker tips: Tesco, ABF
Analysts at Barclays reinstated their 'overweight' recommendation for shares of Tesco on Monday, pointing to the shares' underperformance across 2020 and multiple tailwinds.