Broker Recommendations
RBC Capital lifts Antofagasta to 'outperform' on valuation
RBC Capital Markets lifted Antofagasta to 'outperform' from 'sector perform' on Friday on valuation grounds.
USB slashes target price for Travis Perkins
Analysts at UBS slashed their target price for shares of Travis Perkins, pointing to the company's more mixed track record over the past years on market outperformance and cost discipline.
Kepler Cheuvreux lowers target price on 'uninspiring' Bakkavor
With Bakkavor's free cash flow growth looking set to be limited for the rest of the year, analysts at Kepler Cheuvreux cut their target price on the firm by 2. 5% to 195p.
Thursday broker round-up
TalkTalk: Barclays upgrades to overweight with a target price of 150p.
TalkTalk rallies on Barclays upgrade to 'overweight'
TalkTalk surged on Thursday as Barclays upped the stock to 'overweight' from 'equalweight', saying operating trends look set to improve.
Provident Financial not quite 'out of the woods', Berenberg says
Analysts at Berenberg warned that although profits were recovering at Provident Financial, the firm was not yet "out of the woods".
Wednesday broker round-up
Lancashire Holdings: Berenberg upgrades to hold with a target price of 600p.
There are better ways to play US construction than Keller Group, Berenberg says
Are you looking at Keller Group as a play on US construction? Look elsewhere, said analysts at Berenberg.
Persimmon is attractive unless economy gets dire, Canaccord says
Persimmon shares are attractive unless investors believe the UK’s macroeconomic prospects will deteriorate badly, Canaccord Genuity said.
RBC ups target price on 'compelling' Contour Global
Analysts at RBC Capital Markets believe Contour Global's strong operational asset base and its potential for value accretive M&A made investment in the firm a very appealing prospect.
Morgan Stanley halts Tesla research coverage
Morgan Stanley has halted equity coverage on Tesla hinting that it may be doing business with the carmaker as it considers going private.
Berenberg lifts Keywords Studios target price after Gobo acquisition
Berenberg upped its price target on Keywords Studios to 2,150p from 2,060p on Tuesday, as it reiterated its 'buy' rating following the company's announced acquisition of Gobo Ltd and Electric Square, together Gobo, for £26m.
HSBC says Aggreko woes are cyclical as it upgrades to 'buy'
Most of Aggreko’s problems are cyclical rather than strategic, HSBC said as it upgraded the generator hire company to ‘buy’.
Liberum and Redburn highlight value at KAZ Minerals
Kaz Minerals shares have lost more than half their value since June's peak, leading broker Liberum to upgrade its rating on the shares to 'hold' from 'sell' and Redburn to reiterate its view that the shares are a "value opportunity".
Berenberg hails NMC Health's ability to deploy capital, boosts target
Analysts at Berenberg hailed NMC Health's latest set of half-year figures, dubbing them "impressive", and its ability to "deploy capital", after management announced roughly $200m-worth of new acquisitions - not all of which had been previously disclosed.
CVS can claw back lost ground, RBC thinks
CVS Group's shares present an opportunity for investors, said RBC Capital Markets, if the veterinary services chain can demonstrate that it can overcome short term issues seen with recent acquisitions.
JP Morgan questions whether Musk is 'go' to take Tesla private
Analysts at JP Morgan reversed a target price upgrade on stock of electric-car manufacturer Tesla, having judged that the financing needed to take the company private was not in fact yet in place - far from it.
Sage slumps on Deutsche downgrade to 'sell'
The competitive situation in Sage's core mid-market franchise appears to be worsening, Deutsche Bank said on Monday as it downgraded the software company to 'sell' from 'hold' and cut the price target to 540p from 630p.