Broker Recommendations
RBC Capital starts Spire Healthcare at 'outperform'
RBC Capital Markets initiated coverage of shares of private healthcare provider Spire Healthcare at 'outperform' with a 149p price target on Monday, ahead of the company's first-half results next week.
Berenberg ups Entertainment One price target, considers potential counterbid
Berenberg downgraded its stance on Peppa Pig owner Entertainment One to 'hold' from 'buy' on Monday as it lifted the price target to 572p from 475p to account for a 20% chance of a potential "left field" counterbid to Hasbro at 10% above the current price.
RBC upgrades Pennon to 'outperform'
Analysts at RBC Capital Markets upgraded British utility company Pennon from 'sector perform' to 'outperform' on Friday, on the back of expectations for "strong growth" in its recycling and energy recovery and waste management unit, Viridor.
Deutsche Bank downgrades Lloyds and RBS
Deutsche Bank downgraded its stance on shares of RBS and Lloyds Banking Group on Friday as it took a look at UK banks.
BofA-ML tells investors to stay 'bullish'
Strategists at Bank of America-Merrill Lynch told clients to "be bullish" given the still growing signs of pessimism among investors.
Liberum raises price target on Boohoo after 'very positive' update
Analysts at Liberum upped their target price on online fashion retailer Boohoo from 280p to 320p on Friday following the group's "very positive" first-half trading update.
JP Morgan stays at 'overweight' on AstraZeneca, sees further re-rating ahead
Analysts at JP Morgan told clients to continue to overweight big market capitalisation stocks versus their smaller mid-cap peers over the next six months.
Berenberg reiterates 'buy' rating on Cineworld
Analysts at Berenberg stood by their 'buy' rating on British theatre operator Cineworld on Thursday after taking its time to delve through the group's first-half results.
Canaccord raises price target on Barratt following recent 'good progress'
Analysts at Canaccord Genuity upped their price target on British residential property development company Barratt Developments from 620. 0p to 660. 0p on Thursday, stating the group's recent "good progress" left it offering "good value in absolute terms".
Thursday broker round-up
Purplebricks Group: JP Morgan downgrades to neutral with a target price of 145p.
Canaccord lowers target price on Kainos following recent share price weakness
Analysts at Canaccord Genuity reiterated their 'buy' recommendation for the shares of Belfast-based software manufacturer Kainos on Wednesday, stating that recent weakness in the group's shares appeared to be the result of investor concerns about government spending.
Berenberg lowers target price for RBS
Analysts at Berenberg lowered their target price on retail bank The Royal Bank of Scotland from 340. 0p to 280. 0p on Wednesday after management conceded that the lender was now unlikely to achieve a 12. 0% return on tangible equity by 2020.
Mining stocks set for rebound, says Deutsche Bank
Deutsche Bank revised its ratings on London-listed miners on Wednesday as it said stocks were due a rebound after the summer selloff.
Wednesday broker round-up
Barratt Developments: Peel Hunt downgraded to hold with a target price of 650p.
Berenberg reiterates 'buy' rating on Dalata following 'strong' interims
Analysts at Berenberg reiterated their 'buy' rating on hotel operator Dalata Hotel Group on Tuesday, praising the group for its "strong performance" under "tough conditions".
Tuesday broker round-up
easyJet: Kepler Cheuvreux downgrades to reduce with a target price of 820p.
Kepler downgrades EasyJet, slashes price target
Kepler Cheuvreux downgraded its rating on EasyJet shares to 'reduce' from 'hold' on Tuesday, slashing the price target to 820p from 1,200p as it cut its FY2020 estimates and suggested the airline could be an acquisition target.
Barclays downgrades Royal Dutch Shell to 'equalweight'
Analysts at Barclays downgraded their recommendation on shares of Royal Dutch Shell even as they kicked off coverage of the biggest US oil names at 'overweight'.
Morgan Stanley downgrades LondonMetric to 'underweight'
Analysts at Morgan Stanley downgraded its recommendation on British property group LondonMetric from 'equal-weight' to 'underweight' on Monday as part of a research note on the wider sector, saying the firm's valuation looked "extended" when viewed in a historical context.
Goldman Sachs reinstates Marks & Spencer shares at 'sell'
Goldman Sachs reinstated coverage on shares of Marks & Spencer at ‘sell’ on Monday, with a 170p price target, noting that the completed joint venture with Ocado has little impact on free cash flow estimates.