Broker Recommendations
Credit Suisse lifts Boohoo to 'neutral'
Credit Suisse lifted its stance on shares of fast-fashion retailer Boohoo to ‘neutral’ from ‘underperform’ on Friday.
Berenberg hikes target price on Diploma following Windy City acquisition
Analysts at Berenberg hiked their target price on technical products and services group Diploma from 1,460. 0p to 2,150. 0p on Friday following a "highly complementary acquisition".
Barclays upgrades Shell to 'equalweight'
Barclays upgraded Royal Dutch Shell to ‘equalweight’ from ‘underweight’ on Friday as it pointed to "an opportunity in change".
Liberum raises target price on Kaz Minerals following acquisition offer
Analyst Liberum hiked their target price on Kaz Minerals from 470. 0p to 640. 0p on Thursday after an all-in cash deal valued the group at £3. 0bn.
Thursday broker round-up
Morrison: Barclays upgrades to equal weight and keeps target price at 180p.
Barclays upgrades Morrisons to 'equalweight'
Barclays upgraded its rating on shares of supermarket chain Wm Morrison to ‘equalweight’ from ‘underweight’ on Thursday, noting that the share price "is now clearly below" its 180p price target.
Berenberg slightly lowers target price on BP following Q3 update
Analyst at Berenberg slightly lowered their target price on oil and gas giant BP from 260. 0p to 250. 0p on Wednesday following the group's third-quarter results.
Wednesday broker round-up
DCC: RBC Capital Markets upgrades to outperform with a target price of 7,400p.
RBC Capital upgrades DCC after recent weakness
RBC Capital Markets upgraded its stance on shares of sales, marketing and support services group DCC to ‘outperform’ from ‘sector perform’ on Wednesday, saying it was taking advantage of recent weakness.
Tuesday broker round-up
Flutter Entertainment Group: RBC Capital Markets downgrades to sector perform with a target price of 12,500p.
Deutsche Bank lowers target price on InterContinental Hotels
Analysts at Deutsche Bank lowered their target price on Holiday Inn operator InterContinental Hotels Group from 5,000. 0p to 4,900. 0p on Tuesday despite the group's "solid" third-quarter trading update.
Berenberg raises target price on Travis Perkins
Analysts at Berenberg raised their target price on builders' merchant Travis Perkins from 1,430. 0p to 1,500. 0p on Tuesday, stating the group's third-quarter results had highlighted the strength of renovation, maintenance and improvement sector's recovery.
RBC Capital downgrades Flutter Entertainment after strong run
RBC Capital Markets downgraded Flutter Entertainment on Tuesday to ‘sector perform’ from ‘outperform’ and trimmed the price target to 120p from 125p following a strong run.
UBS upgrades Pearson on US higher education opportunity
Pearson rallied on Monday after UBS upgraded its rating on shares of the education publisher to ‘buy’ from ‘neutral’ and lifted the price target to 650p from 545p as it becomes more positive on US higher education.
Morgan Stanley downgrades Beazley, cites limited upside
Morgan Stanley downgraded its stance on insurer Beazley to ‘equalweight’ from ‘overweight’ and cut the price target to 350p from 550p as it said the company’s limited financial flexibility will leave the cost of equity at elevated levels and limit the upside.
Berenberg raises target price on Renishaw
Analysts at Berenberg raised their target price on engineering company Renishaw from 5,700. 0p to 6,200. 0p on Monday, stating the firm appeared to be "poised for a recovery".
JP Morgan sees increasing chances of capital returns from UK banks in 2021
"We believe it’s hard to overstate the importance of [a successful Brexit deal] (despite lower economic impact) for UK bank share prices as well as potential capital return," analysts at JP Morgan said.
Deutsche Bank says Barclays' diversified income stream 'underappreciated'
Analysts at Deutsche Bank reiterated their 'buy' stance for shares of Barclays, arguing that the merits of its diversified income streams was going underappreciated.