Broker Recommendations
Friday broker round-up
Dechra Pharmaceuticals: Numis upgrades to add with a target price of 2,525p.
Peel Hunt downgrades Headlam to 'hold'
Analysts at Peel Hunt downgraded floor coverings distributor Headlam to 'hold' from its previous 'buy' rating on Friday, citing a cautious view on the firm's outlook.
Canaccord lowers target price on Rank following 'limp' first quarter
Analysts at Canaccord Genuity lowered their target price on British gambling company Rank on Thursday, citing weakened activity on the high street and poor weather conditions across the UK.
Berenberg slashes Asos price target after profit warning
Berenberg slashed its target price on Asos on Thursday to 4,000p from 8,300p following the online fashion retailer’s shock profit warning earlier this week.
Wednesday broker round-up
Serco Group: Peel Hunt upgrades to hold with a target price of 100p.
Goldman Sachs reinstates rating on Weir; calls mining business 'solid'
Goldman Sachs has reinstated its rating on Weir Group, arguing that the headwinds currently weighing on the stock should ease in 2019.
UBS starts Superdry at 'neutral', says stock looks fair value
UBS started coverage of Superdry with a 'neutral' rating on Wednesday and 500p price target, saying the stock looks fairly valued.
Peel Hunt upgrades Serco to 'hold' from 'reduce'
Peel Hunt upgraded Serco to ‘hold’ from ‘reduce’ on Wednesday as the current share price is close to its new target price of 100p, up from 87p.
RBC Capital downgrades Asos after profit warning
RBC Capital Markets downgraded Asos to ‘outperform’ from ‘top pick’ on Wednesday, slashing the target price to 3,200p from 7,700p "while uncertainty shadows the stock" following the online retailer’s shock profit warning earlier in the week.
Tuesday broker round-up
(from Tuesday 18 December 2018) Intu Properties: Credit Suisse downgrades to underperform with a target price of 100p.
Peel Hunt picks 'doublers' for the next 2-3 years
Peel Hunt has named 29 companies it believes will double in value in the next two to three years, including JD Sports, GoCompare and CMC Markets.
Emerging Markets gain favour as global outlook darkens, BofA -ML says
The share of fund managers forecasting a global economic recession dipped last month, according to the results of one of the most widely-followed surveys of sentiment for the group.
RBC Capital ups Cineworld to 'top pick'
RBC Capital Markets upped Cineworld to 'top pick' from 'outperform' on Tuesday, pointing to "significant" upside to its 350p price target.
Credit Suisse sees risks ahead for Intu, cuts recommendation
Credit Suisse has cut its target price for Intu Properties and reduced its recommendation to ‘underperform’ as hopes of renewed takeover interest fade.
Liberum downgrades Asos after profit warning, Credit Suisse upgrades
Credit Suisse and Liberum took different views on Asos on Tuesday, a day after the online fashion retailer's shares tumbled on the back of a shock profit warning.
Barclays reiterates 'equal weight' on Reach following impressive end of year
Analysts at Barclays reiterated their 'equal weight' rating on British newspaper, magazine and digital publisher Reach on Monday, highlighting the firm's "impressive end to the year".
Cazenove hikes Micro Focus target over big SUSE windfall
JP Morgan Cazenove upped its target price on Micro Focus on Monday to reflect the cash inflow from the $2. 54bn disposal of the SUSE business segment.
RBC Capital starts 'fairly valued' Kaz Minerals at 'sector perform'
RBC Capital Markets initiated coverage of copper miner Kaz Minerals at 'sector perform' with a 590p price target, as it said the stock looks fairly valued.