Broker Recommendations
Tuesday broker round-up
Ocado: JP Morgan downgrades to underweight with a target price of 1,050p.
Berenberg raises Hochschild Mining to 'hold' following foray into rare earths
Analysts Berenberg upped their rating on British precious metals firm Hochschild Mining from 'sell' to 'hold' on Monday, stating the group's rare earths move was "a bit left-field", but "not a complete surprise".
Liberum reiterates 'sell' rating on Dominos Pizza
Analysts at Liberum don't see much changing in the immediate future for Domino's Pizza, expecting its weak performance of late to carry on throughout the third quarter despite easier comparatives.
JP Morgan sees upside for domestic UK and Irish banks in 'soft Brexit'
Equity analysts at JP Morgan sounded a more positive on the prospects for domestic UK and Irish banks should the country reach an agreement with the European Union withdrawal.
Monday broker round-up
Hochschild Mining: Berenberg upgrades to hold with a target price of 180p.
Jefferies upgrades Rio Tinto to 'buy', praises strong cash flows
Analysts at Jefferies upgraded mining giant Rio Tinto to 'buy' on Friday, stating the group's strong free-cash-flow through the cycle should lead to a supportive dividend in weak markets and leverage to the upside in stronger markets, which in turn should provide a floor for the shares.
Morgan Stanley 'overweight' on Lloyds, Brexit outcome key valuation driver
Analysts at Morgan Stanley reiterated their 'overweight' stance and 60. 0p target price for shares of Lloyds on Friday following a meeting with the lender's chief, Antonio Horta-Osorio.
Friday broker round-up
Whitbread: Deutsche Bank downgrades to sell with a target price of 3,650p.
RBC stays at 'buy' on Sarepta Therapeutics, believes in 'ultimate success'
Analysts at RBC reiterated their recommendation to 'buy' shares of Sarepta, expressing confidence in the efficacy of the gene therapy specialist's muscular distrophy programmes, telling clients that they believed they would "ultimately succeed".
Canaccord downgrades IMImobile to 'hold' on 'low quality' reported earnings
Analysts at Canaccord Genuity downgraded their rating on IMImobile from 'buy' to 'hold' on Thursday, stating that the group's elevated development capitalisation understated its price-to-earnings ratio.
Berenberg raises price target on Polymetal following visits to Russian sites
Analysts at Berenberg upped their price target on precious metals group Polymetal to 1,160p from 1,070p on Thursday, telling clients that visits to the company's Albazino and Amursk sites in Russia had confirmed its investment case.
Thursday broker round-up
Ferrexpo: Barclays downgrades to underweight with a target price of 110p.
Capital Economics raises 2020 Brent crude oil price forecast from $65 to $70
Analysts at Capital Economics bumped-up their forecast for the end-2020 Brent crude oil price on the back of their projections for continued restrained supply growth, "somewhat" stronger growth and improved risk appetite on the back of easier monetary policy.
Berenberg ups target on Pets At Home as turnaround attracts attention
Analysts at Berenberg raised their price target on British pet supplies retailer Pets At Home from 175p to 210p on Wednesday, noting there was still plenty of investor interest in its turnaround story.
JP Morgan trims targets for some UK asset managers, 'underweight' Hargreaves Lansdown
Analysts at JP Morgan trimmed their target prices for three of the UK's largest 'asset gatherers' to reflect "subdued" net flows over the third quarter.
Wednesday broker round-up
Volution Group: Peel Hunt upgrades to buy with a target price of 200p.
Investors mull impact of US Democrats win in 2020 elections
A Democratic victory in the next US presidential elections could turn into a 'big headache' for the oil majors on both sides of the Atlantic, analysts at Berenberg said.
Canaccord lowers price target on SIG following profit warning
Analysts at Canaccord Genuity lowered their target price on building materials firm SIG from 133p to 107p on Tuesday following the group's recent profit warning.
JP Morgan raises target price on Vodafone
Analysts at JP Morgan raised their price target on telco giant Vodafone to 225p from 209p on Tuesday, pointing to the group's move to begin monetising its towers and the approval of its Liberty Global deal as their key reasoning.
Tuesday broker round up
National Grid: Deutsche Bank upgrades to buy with a target price of 930p.