Broker Recommendations
Berenberg lowers target price on 'sell' rated Pearson
Analysts at Berenberg lowered their target price on publishing and education group Pearson from 620. 0p to 525. 0p on Monday, stating the firm now appeared to be "bottom of the class".
RBC Capital welcomes changes to Centamin board
Analysts at RBC Capital Markets took a fresh look at Centamin on Friday, stating it would not normally comment on board changes but think that given the firm's current situation and the recent approach by Endeavour Mining that it warranted attention.
HSBC upgrades IAG to 'buy' following election results
Analysts at HSBC hiked their target price and recommendation for shares of IAG in the wake of the 2019 UK general election results.
ShoreCap ups Informa to 'buy'
Analysts at Shore Capital raised their rating on events and publishing company Informa from 'hold' to 'buy' on Friday, stating the group's acquisition of UBM had established it as the leading player in the global exhibitions industry.
Liberum cuts target price on Costain
Analysts at Liberum cut their price target on British construction and engineering company Costain's shares from 350. 0p to 220. 0p on Thursday, following an adverse court judgement in its dispute over a Welsh motorway project.
Thursday broker round-up
Synthomer: JP Morgan upgrades to neutral with a target price of 300p.
JD Sports share price slump 'buying opportunity', says Berenberg
The recent slump in JD Sports’ share price provides a good buying opportunity, Berenberg said on Thursday, as it hiked its price target to 860p from 800p.
Barclays cuts target prices for copper miners but sees gold lining
Analysts at Barclays cut their target prices for a large swathe of UK-listed copper miners, on the back of lower projections for the medium-term price of the industrial metal, although there was a gold lining to its forecast changes, so to speak.
Liberum slashes price target on Just Eat
Analysts at Liberum slashed their target price on delivery business Just Eat from 1,360p to 870p on Wednesday after the firm's board rejected an improved takeover bid from Prosus.
Wednesday broker round-up
Antofagasta: Jefferies downgrades to hold with a target price of 950p.
RBC downgrades Beazley on 'social inflation' costs in US
Beazley's scope to release reserves will be hampered by persistent social inflation in the US, Royal Bank of Canada analysts said as they reduced their price target and rating on the Lloyd's of London insurer.
Berenberg upgrades Ocado to 'buy'
Analysts at Berenberg nearly doubled their target price for grocer Ocado as they upgraded the recommendation for the group's shares to 'buy' on Tuesday.
JP Morgan sees trade deal and elections driving S&P 500 to 3,400
JP Morgan strategists set a year-end 2020 'fair value' estimate for the S&P 500 of 3,400 points, telling clients that a partial trade deal and economic policy easing should drive improved business sentiment over the course of the year.
RBC Capital Markets upgrades Marks & Spencer to ‘outperform’
RBC Capital Markets upgraded its rating on shares of Marks & Spencer on Tuesday, saying it expects the retailer to outperform a challenging market thanks to its price investment in "high volume lines", less confusing promotional activity, a stronger new innovation pipeline and higher marketing spend.
Canaccord axes target on Tullow Oil after 'disastrous' update
Analysts at Canaccord Genuity slashed their target price for shares of Tullow Oil following the explorer's "disastrous" update.
Deutsche Bank stays at 'hold' on Aston Martin debt after St.Athan opening
Deutsche Bank's Richard Phelan reiterated his 'hold' on Aston Martin's medium-term notes following the carmaker's official launch of its new manufacturing site at St. Athan.
Berenberg lowers target price on Anglo Pacific
Analysts at Berenberg lowered their target price on mining firm Anglo Pacific on Monday, noting some investors appeared to be concerned about the company's ability to match the production growth and increased royalty payments stemming from its Kestrel mine.