Broker Recommendations
RBC Capital downgrades Dunelm after rally
RBC Capital Markets downgraded its rating on homeware retailer Dunelm to ’sector perform’ from ‘outperform’ on Monday following the recent rally in the shares.
Berenberg ups target price on GVC
Analysts at Berenberg raised their target price on bookmaker GVC Holdings from 850. 0p to 900. 0p on Friday, stating the group was "well positioned" to emerge from the Covid-19 pandemic as "a winner".
Buy Beazley for cyber opportunity, Jefferies says
Beazley could have a once-in-a-generation opportunity to insure cyber risk as companies seek to insulate themselves from damaging attacks, Jefferies said as it upgraded the company to 'buy'.
Credit Suisse downgrades Next, upgrades Marks & Spencer
Credit Suisse downgraded its stance on Next to ‘underperform’ from ‘neutral’ on Friday as it upped its rating on Marks & Spencer to ‘outperform’ from ‘underperform’.
Answer to whether Covid-19 antibodies confer immunity possible by early July
Does having antibodies for the coronavirus confer immunity?.
Canaccord slashes target price on Schroders
Analysts at Canaccord Genuity slashed their target price on investment manager Schroders from 3,270p to 2,539p on Thursday, citing some near-term downside risks.
Morgan Stanley cuts target prices for airlines, says Covid-19 impact may last longer
Analysts at Morgan Stanley downgraded their view on Europe's main airlines from 'in line' to 'cautious' after concluding that the impact of the Covid-19 pandemic on the sector was set to last for longer.
Thursday broker round-up
Hargreaves Lansdown: Deutsche Bank downgrades to sell with a target price of 1,325p.
Centamin offers chunky dividend yield, Berenberg says
Centamin is on track for 2020 production guidance and its dividend looks set to deliver a chunky yield, Berenberg said as it increased its price target for the gold miner.
Jefferies cuts Centrica rating as headwinds loom
Centrica faces major headwinds and will not pay a dividend in 2020, Jefferies said as the broker downgraded the struggling energy provider to 'hold' and slashed its price target.
Canaccord lowers Blue Prism to 'sell'
Analysts at Canaccord Genuity lowered robotics group Blue Prism to 'sell' from 'hold' on Wednesday, stating that the group's valuation was now "full".
Canaccord Genuity reiterates 'buy' rating on Sumo Group
Analysts at Canaccord Genuity reiterated their 'buy' rating on video games developer Sumo Group on Tuesday but noted that while demand had strengthened as a result of the Covid-19 pandemic, the outbreak had impacted recruitment.
Citi stays at 'buy' on Meggitt, says market too downbeat on long-term prospects
Analysts at Citi reiterated their 'buy' recommendation for shares of aerospace and defence subsystems manufacturer Meggitt, telling clients that markets were too downbeat on long-term growth in the sector and the company's competitive position.
Tuesday broker round-up
Wetherspoons: Jefferies upgrades to buy with a target price of 1,150p.
BofA hikes target for gold 18 months ahead by half
Strategists at Bank of America hiked their target for gold prices in 18 months' time by half in anticipation of central banks and governments doubling the size of their balance sheets and fiscal deficits, respectively.
Croda dividend appears safe, Liberum says
Croda appears on track to pay its 2019 dividend despite the Covid-19 crisis, Liberum said as the broker raised its recommendation on the company's shares to 'buy' and increased its target price.
Jefferies upgrades Wetherspoons, keeps Marston's at 'underperform'
Jefferies upgraded JD Wetherspoon to ‘buy’ from ‘hold’ on Tuesday as it took a look at the UK pub and restaurant sector.
JP Morgan stays at 'neutral' on Petrofac despite cancellation of Dalma contract
Analysts at JP Morgan stuck to their 'neutral' recommendation for shares of Petrofac, despite news that the Abu Dhabi National Oil Corporation had cancelled the $1. 5bn Engineering, Procurement and Construction for the Dalma Gas Development Project.