Broker Recommendations
Berenberg downgrades 'structurally challenged' Thomas Cook to 'sell'
Analysts at Berenberg downgraded Thomas Cook to 'sell' on Friday, citing continued weakness in the tour operator's operational performance and a "structurally challenged" business model.
Morgan Stanley reiterates 'overweight' on UK equities
Strategists at Morgan Stanley reiterated their 'overweight' recommendation for UK equities at the end of the week, despite the tricky macroeconomic backdrop in markets.
Jefferies cuts BTG as shares within 2% of Boston Scientific offer
Jefferies downgraded BTG to 'hold' from 'buy' on Friday, cutting the price target to 840p from 900p following its agreement to be bought by US medical device maker Boston Scientific earlier this month.
Goldman downgrades Sage as risk/reward more balanced
Sage was under pressure on Friday as Goldman Sachs downgraded its stance on the software company to 'neutral' from 'buy' and cut the price target to 670p from 780p, arguing that the risk/reward is now more balanced following estimate resets and a more realistic revised outlook.
Cobham approaching 'turning point', says Berenberg
Analysts at Berenberg upgraded technology and services innovator Cobham to 'buy' on Thursday, noting that a "turning point" in the aerospace and defence outfit's complex history was fast approaching.
Greene King 'deeply' undervalued, say Peel Hunt and Liberum
Greene King shares are "deeply undervalued", broker Liberum believes, or "materially undervalued" as Peel Hunt has it.
RBC slashes target for British American Tobacco on outlook for menthol/NGPs
Analysts at RBC slashed their target price for shares of British American Tobacco from 3,400p to 2,700p, saying that the uncertainty around the outlook for its menthol cigarettes unit was casting a pall over the investment case for the company's shares.
Peel Hunt downgrades Dignity on CMA review
Peel Hunt cut its stance on funeral services provider Dignity on Thursday as the Competition and Markets Authority said it was launching a full investigation into the funeral market after identifying "serious concerns" over large price hikes.
Vodafone offers a little 'hope' after Dutch M&A ruling - Berenberg
Confirmation by European Commission antitrust authorities of the merger between the third and fourth biggest Dutch telecoms players "is the best piece of news that this unloved sector has had in at least the last two years", said Berenberg on Wednesday.
Thomas Cook analysts torn by wide spread of risk-reward
A day after Thomas Cook unveiled its third profit warning this year, analysts in the City seemed not quite sure what to make of the travel operator.
Wednesday broker round-up
Mark and Spencer Group: RBC Capital Market downgrades to sector performer with a target price of 320p.
Yellow Cake a buy on 'resuscitated' uranium market, says Berenberg
Analysts at Berenberg upped its target price on uranium specialist Yellow Cake on Wednesday, pointing to a "resuscitated spot market" and rapidly rising uranium prices.
M&S food turnaround 'will take longer' - RBC downgrades
RBC Capital Markets thinks Marks & Spencer will take time to turn around its food business and so has downgraded its rating on the retailer.
Peel Hunt raises Greggs to 'hold'
Analysts at Peel Hunt upgraded Greggs to 'hold' from their previous rating of 'reduce' on Tuesday after the fast-food chain turned in October and November performances that were "significantly ahead of expectations".
Tuesday broker round-up
Pets At Home Group: Liberum downgrades to hold with a target price of 120p.
Jefferies downgrades NMC Health, ups Hikma
Jefferies has adopted a more cautious approach to blue chip NMC Health, cutting its rating to ‘underperform’ over a range of concerns, including corporate governance.
Liberum ups target price on 'long-term winner' EasyJet
Liberum upped its target price on low-cost carrier EasyJet on Tuesday, but despite the airline's "strong long-term fundamentals", the broker remained cautious regarding its short-term prospects.
Coca-Cola HBC fizzes higher as UBS highlights 'best-in-class growth'
Coca-Cola HBC was the standout gainer on the FTSE 100 on Tuesday as UBS double-upgraded the stock to 'buy' from 'sell' and hiked the price target to 2,650p from 2,050p saying best-in-class growth and balance sheet optionality are no longer priced in.