Broker Recommendations
Jefferies raises Antofagasta and Glencore to 'buy'
Analysts at Jefferies upped their rating on both Antofagasta and Glencore to 'buy' on Tuesday as they took a fresh look at the broader metal and mining industry.
Barclays upgrades Meggitt, Senior
Barclays upgraded Meggitt and Senior on Tuesday as it took a look at the European aerospace and defence sector.
BofA says 'sell-off' in Investec not justified, reiterates 'buy'
Analysts at Bank of America sounded a very positive note on shares of Investec, highlighting a slew of factors which pointed to a potential total shareholder return of 17%, helped not least by a "now relevant" dividend yield of greater than 6%.
Canaccord Genuity raises Eckoh to 'buy'
Analysts at Canaccord Genuity upped their rating on software outfit Eckoh to 'buy' on Tuesday after the group turned in a strong first-half performance despite Covid-19 impacts.
JPMorgan upgrades IMI to 'overweight'
JPMorgan Cazenove upgraded engineer IMI to ‘overweight’ from ‘neutral’ on Tuesday and hiked the price target to 1,300p from 1,100p, noting the stock has underperformed over the past five years as a challenging 2014-2018 period led to a dislocation between narrative and financials and resulted in "investor fatigue".