Broker Recommendations
Friday broker round-up
Whitbread: Barclays upgrades to overweight with a target price of 4,900p.
ShoreCap stays at 'buy' on AstraZeneca after EU approves Qtrilmet
Analysts at ShoreCap reiterated their 'buy' recommendation on shares of AstraZeneca following news that Brussels had approved its Qtrilmet treatment for controlling blood sugar levels in patients suffering from Type-2 diabetes.
Cannacord cuts Weir Group target due to extended weakness in oil and gas sector
Analysts at Cannacord Genuity cut their target price on shares of Weir Group to reflect to reflect a now more sombre outlook for only a "modest recovery over an extended period" in the company's oil and gas operations.
Canaccord drops Tullow Oil to 'speculative buy'
Analysts at Canaccord Genuity lowered their rating on Tullow Oil from 'buy' to 'speculative buy' on Thursday following a disappointing trading update from the firm in the previous session.
Berenberg lowers price target on Taylor Wimpey
Analysts at Berenberg lowered their target price on shares of British construction firm Taylor Wimpey slightly, from 200. 0p to 190. 0p, noting that the better volumes seen year-to-date appeared to have come at the expense of margins.
JP Morgan stays 'overweight' on CCH, highlights firm's 'confident' tone on outlook
Analysts at JP Morgan reiterated their 'overweight' stance on shares of Coca-Cola Hellenic Bottling despite the bottler's recent 'miss' on third quarter volumes.
Thursday broker round-up
Tullow Oil: Jefferies downgrades to hold with a target price of 168p.
Peel Hunt upgrades Capital & Counties to 'buy'
Peel Hunt upgraded its stance on shares of Capital & Counties to 'buy' from 'add' on Thursday, lifting the price target to 300p from 280p as it pointed to "significant upside" from a double disposal.
Barclays reiterates NMC Health as 'top pick' in sector
Analysts at Barclays reiterated NMC Health (overweight; target price: 4,275. 0p) as their 'top pick' within the sector following a roadshow by the company's management earlier in the same week.
Berenberg maintains 'hold' rating on ITV
Anylsts at Berenberg reiterated their 'hold' rating on ITV on Wednesday, stating the group appeared to be 'robbing Peter to pay Paul'.
Liberum hikes target for Howden Joinery on improved appetite for UK assets
Analysts at Liberum hiked their target price for shares of Howden Joinery, telling clients that investors were likely to continue pursuing "quality cyclicals" if the increasing demand for UK assets was sustained.
JP Morgan stays at 'overweight' on Ashtead ahead of expected 'strong' Q2 update
Analysts at JP Morgan reiterated their 'overweight' recommendation and 2,450. 0p target price for shares of Ashtead ahead of the group's second quarter update on 10 November.
Berenberg drops Senior to 'hold' following cuts to growth outlook
Analysts at Berenberg downgraded aerospace and defence firm Senior from 'buy' to 'hold' on Tuesday, saying that the group's wings had been "clipped" after its management lowered their growth outlook.
Berenberg lowers target price on Provident as recovery begins
Analysts at Berenberg lowered their price target on British sub-prime lender Provident Financial on Monday despite stating that the group appeared to be "firmly on the road to recovery".
Aston Martin Lagonda rallies on HSBC upgrade
Aston Martin Lagonda got a boost on Monday as HSBC upped its stance on the stock to 'buy' from 'hold' and lifted the price target to 550p from 533p, saying the launch of the DBX could be a turning point for the equity story.
Monday broker round-up
Lancashire Holdings: JP Morgan upgrades to neutral with a target price of 700p.
Friday broker round-up
Tate & Lyle: Kepler Cheuvreux upgrades to hold with a target price of 720p.
Canaccord ups Hiscox to 'buy', says reaction to update was 'overdone'
Analysts at Canaccord Genuity upped their rating on shares of insurance firm Hiscox from 'hold' to 'buy' on Friday, saying the share price reaction to the group's trading update earlier this week appeared to be overdone.