Broker Recommendations
Broker tips: Tullow Oil, IAG, Anglo American
Analysts at RBC Capital Markets lowered their target price on exploration and production firm Tullow Oil from 90. 0p to 80. 0p on Monday following the group's recent trading update.
Broker tips: Polymetal, ITV
Analysts at Berenberg slashed their target price on precious metals miner Polymetal from 2,200. 0p to 1,500. 0p on Friday after the firm's full-year production beat was soured by costs that came in above guidance.
Broker tips: Tate & Lyle, DotDigital, Fresnillo, Harmony Energy
Barclays resumed its 'overweight' coverage on Tate & Lyle on Thursday with a 930. 0p price target as it pointed to a "new era" with significant total shareholder return potential.
Broker tips: abrdn, easyJet, Intertek, Good Energy
Berenberg downgraded abrdn on Wednesday to 'hold' from 'buy' and cut its price target on the stock to 260. 0p from 285. 0p, stating the shares had disappointed in recent years, underperforming the UK index by 50% since December 2017 and 27% since December 2020.
Broker tips: Boohoo, Bakkavor, THG
RBC Capital Markets downgraded fast-fashion retailer Boohoo to 'sector perform' from 'outperform' on Tuesday, slashing the price target to 150. 0p from 330. 0p.
Broker tips: Hargreaves Lansdown, J Sainsbury, Barratt Developments, Bellway, Berkeley Group
Bank of America Merrill Lynch upgraded Hargreaves Lansdown to 'buy' for the first time on Monday as it said the company's gearing to rate rises and potential benefits from increased engagement in share trading are underappreciated.
Broker tips: Rentokil Initial, Everyman Media
Analysts at Berenberg hiked their target price on pest exterminator Rentokil Initial from 510. 0p to 640. 0p and upgraded their stance on the stock from 'hold' to 'buy' on Friday following the firm's proposed acquisition of US firm Terminix.
Canaccord Genuity reiterates 'buy' rating on Everyman Media
Analysts at Canaccord Genuity reiterated their 245. 0p target price on cinema operator Everyman Media Group on Friday after the firm revealed it had delivered a "strong end to the year".
Broker tips: Rentokil, Liontrust Asset Management, Ryanair, IAG
Citi upgraded Rentokil Initial to 'buy' from 'neutral' on Thursday, arguing that the proposed acquisition of US rival Terminix could propel the company into the number one slot in US pest control.
Broker tips: Rio Tinto, Ryanair, Segro
Analysts at Berenberg hiked their target price on mining giant Rio Tinto from 5,500. 0p to 5,700. 0p on Wednesday after the firm's fourth-quarter production efforts were broadly in line with their estimates.
Broker tips: THG, Fever-Tree, St James's Place
Liberum cuts its price target on THG on Tuesday to 700. 0p from 750. 0p after the online retailer warned that its profit margins for the year will miss analysts' forecasts and revenue growth will slow.
Broker tips: Unilever, Frontier Developments, Antofagasta
Analysts at Bank of America reiterated their 'neutral' rating on Unilever's stock on Monday following news that it had made three bids for GlaxoSmithKline's consumer health business, telling clients they believed that upside and downside risks to the share price were "well balanced" at current levels.
Broker tips: Royal Mail, John Wood Group, Smartspace Software
Royal Mail slumped on Friday after JPMorgan Cazenove placed the shares on 'Negative Catalyst Watch' ahead of the company's next update on 10 February.
Broker tips: Quixant, CareTech Holdings, Nichols, Asos
Analysts at Canaccord Genuity raised their target price on gaming hardware manufacturer Quixant from 225. 0p to 240. 0p on Thursday after broad-based demand drove a full-year earnings beat for the firm.
Broker tips: FD Technologies, Equals Group, Jupiter Fund Management
Analysts at Berenberg downgraded FD Technologies from 'hold' to 'sell' on Wednesday and cut its target price on the stock from 2,200. 0p to 1,600. 0p, citing "misplaced optimism".
Broker tips: CLS Holdings, Direct Line, Hays, Flutter Entertainment
Analysts at Berenberg took a fresh look at the UK real estate sector on Tuesday as the London workforce works from home once again following the implementation of Britain's "Plan-B" Covid-19 restrictions.
Broker tips: JD Sports, Windward, British American Tobacco
Analysts at Berenberg hiked their target price on retailer JD Sports from 240. 0p to 285. 0p on Monday ahead of the firm's Christmas trading update on 12 January.
Broker tips: SThree, Mercia Asset Management, Rio Tinto, Centamin
Specialist recruiter SThree was under the cosh on Friday after Jefferies downgraded its stance on the shares to 'hold' form 'buy' and slashed the price target to 500. 0p from 650. 0p.
Broker tips: JD Wetherspoon, Restaurant Group, Royal Mail, James Fisher
Berenberg reviewed its ratings on a number of leisure stocks on Thursday from pubs to restaurants and travel firms.
Broker tips: LSE Group, Ocado, Saietta Group
Citi upgraded its recommendation on London Stock Exchange shares on Wednesday to ‘buy’ from ‘neutral’ and upped the price target to 9,300p from 8,600p.