Broker Recommendations
Berenberg raises target price on JD Sports
Analysts at Berenberg raised the target price on retailer JD Sports from 860. 0p to 950. 0p on Monday following another "impressive performance" against a challenging retail backdrop.
Barclays upgrades Ashmore, downgrades Man Group
Barclays upgraded its stance on Ashmore on Monday but downgraded Man Group as it reviewed UK and European asset managers.
RBC Capital downgrades Ted Baker, upgrades Superdry
RBC Capital Markets upgraded its stance on Superdry on Monday but downgraded its recommendation on Ted Baker as it took a look at premium apparel stocks.
Liberum downgrades SIG to 'hold' following profit warning
Analysts at Liberum lowered their rating and slashed their price target on British construction products supplier SIG from 150. 0p to 100. 0p on Friday following the group's profit warning a day earlier.
UK pub and restaurant sector now 'fairly valued', says RBC
Analysts at RBC Capital Markets raised their price targets on a number of British pub and restaurant chains on Friday but noted that the sector now appeared to be fairly valued.
Friday broker round-up
Polymetal International: Berenberg upgrades to buy with a target price of 1,480p.
Berenberg upgrades Polymetal to 'buy'
Berenberg upgraded Polymetal International to ‘buy’ from ‘hold’ on Friday and lifted the price target to 1,480p from 1,140p following a rally in gold prices.
UBS drops Computacenter to 'sell' following recent re-rating
Analysts at UBS downgraded their rating on Computacenter from 'neutral' to 'sell' on Thursday, stating the group's valuation following its recent re-rating was "challenging".
Wood Group share price drop 'overdone', says Morgan Stanley
Analysts at Morgan Stanley labeled the sharp drop in shares of John Wood Group in the wake of the Competition and Markets Authority's launch of an inquiry into the sale of its nuclear assets "overdone".
Berenberg raises target on Breedon following CEMEX acquistion
Analysts at Berenberg upped their target price on British construction firm Breedon on Thursday following the group's conditional agreement to acquire part of CEMEX UK's assets.
Berenberg ups target price on Chemring
Analysts at Berenberg hiked their target price on aerospace and defence firm Chemring from 200p to 235p on Wednesday, stating the group's recent full-year results had provided further evidence of the "improving quality and momentum" of the business.
RBC slashes target price for Genel Energy on Mideast tensions
RBC Capital slashed its target price shares of Kurdistan-focused Genel Energy on the back of the heightened geopolitical tensions in the Middle East.
Bank of America downgrades Spectris due to macro headwinds, trims target
Spectris was more cyclical than most investors might think, analysts at Bank of America cautioned as they downgraded their recommendation on the shares in anticipation of a slowdown in demand in the company's end markets over the first half of 2020.
Rotork knocked lower by double downgrade out of Bank of America
Shares of high-flier Rotork were knocked lower by a double downgrade from one of Wall Street's largest brokers.
RBC upgrades Imperial Brands despite lack of dividend reset
Analysts at RBC Capital Markets upgraded their recommendation for shares of Imperial Brands from 'underperform' to 'sector outperform', hailing the tobacco manufacturer's multiple moves to "restore" credibility with investors, and bumped up their target price.
Wednesday broker round-up
Elementis: Jefferies downgrades to hold with a target price of 190p.
Citi, JP Morgan upgrade BAE Systems
JP Morgan and Citi have upgraded BAE Systems, after the political landscape turned in the defence specialist’s favour.