Broker Recommendations
Sunday share tips: Glencore, Sirius Real Estate in the spotlight
The Sunday Times's Sabah Meddings thinks that investors in Glencore should 'hold', given the potential for several positive catalysts.
Friday broker round-up
Trainline: Barclays downgrades to underweight with a target price of 360p.
BofA sees 'correction' ahead in stockmarkets
Strategists at Bank of America are anticipating a 'correction' in global stockmarkets over the next few months but within the context of more enduring changes in the backdrop for financial markets.
Berenberg raises target price on Wizz Air
Analysts at Berenberg raised their target price on budget airline Wizz Air from 4,800. 0p to 5,000. 0p on Friday, stating the group was on track to bounce back from the Covid-19 pandemic better than ever.
Barclays downgrades Trainline after late 2020 bounce
Barclays downgraded its stance on shares of Trainline on Friday to ‘underweight’ from ‘equalweight’ and trimmed the price target to 360p from 365p after a late bounce in 2020.
Berenberg lowers target price on Fresnillo
Analysts at Berenberg cut their target price on mining outfit Fresnillo to 1,000. 0p from 1,200. 0p on Thursday following some disappointing guidance.
Jefferies upgrades Aveva to 'buy'
Jefferies upgraded its stance on shares of Aveva on Thursday to ‘buy’ from ‘hold’ and hiked the price target to 4,500p from 4,000p .
Barclays upgrades Entain, says BetMGM JV undervalued
Barclays upgraded its stance on Ladbrokes owner Entain to ‘overweight’ from ‘equalweight’ on Thursday, lifting the price target to 1,600p from 1,500p as it said the company’s joint venture with US casino operator MGM Resorts, BetMGM, is undervalued.
Berenberg raises target price on Griffin Mining
Analysts at Berenberg raised their target price on Griffin Mining from 130. 0p to 170. 0p on Wednesday following a 107% increase in its Zone II resource at the group's Caijiaying mine in China.
Jefferies upgrades Greencore after 'reassuring' update
Convenience food maker Greencore got a boost on Wednesday as Jefferies lifted its stance on the shares to ‘buy’ from hold’ and upped the price target to 150p from 106p, a day after a muted reaction to a "reassuring" first-quarter update.
Liberum cuts easyJet, Ryanair targets on summer fears
LIberum cut its price targets for easyJet and Ryanair and said airlines faced a growing risk of tight Covid-19 restrictions extending into the crucial summer season.
Barclays downgrades Babcock, says capital raise likely
Defence contractor Babcock tumbled on Wednesday after Barclays downgraded the stock to ‘underweight’ from ‘overweight’ and slashed the price target to 145p from 347p as it said a capital raise was likely.
Berenberg raises target price on Senior
Analysts at Berenberg hiked their target price on aerospace and defence outfit Senior from 50. 0p to 85. 0p on Tuesday but noted that although the group was "on steadier footing", its recovery path still remained "unclear".
Operational strength to drive story at Indivior, Citi says
The removal of the Reckitt Benckiser overhang should allow operational strength to drive the story at opioid addiction treatment maker Indivior, Citi said on Tuesday.
Trainline slumps on JPMorgan downgrade
Trainline shares slumped on Tuesday after JPMorgan Cazenove downgraded the stock to ‘neutral’ from ‘overweight’ and cut the price target to 382p from 486p as it pointed to the fact train usage remains weak due to Covid restrictions.
JP Morgan ups Evraz to 'overweight' after steel surge
JP Morgan upgraded Evraz to 'overweight' as the bank admitted it had been too gloomy about the prospects for steel companies.