Broker Recommendations
Berenberg lowers target price on C&C Group following rights issue
Analysts at Berenberg lowered their target price on brewer C&C Group from 345. 0p to 292. 0p on Friday despite stating the group appeared to be positioning itself for recovery.
Barclays upgrades Vistry to 'overweight'
Barclays lifted its price targets for Vistry and Countryside Properties on Friday as it said they are both leading players in Partnerships, which is a growth area within the UK housing market with increasing government support for development of all types of tenure.
Thursday broker round-up
Blue Prism: Canaccord upgrades to speculative buy with a target price of 1,250p.
Berenberg slightly lowers price target on Tharisa
Analysts at Berenberg slightly lowered their target price on resources group Tharisa from 200. 0p to 190. 0p on Thursday, citing a mixture of higher royalties and FX-related headwinds.
Canaccord upgrades Blue Prism to 'speculative buy' but sees medium-term risks
Canaccord Genuity upgraded its view on shares of Blue Prism from 'hold' to 'speculative buy', telling clients the shares were undervalued, particularly taking into account the company's prospects for fast sales growth.
Liberum starts Centamin at 'sell', says shares 30 per cent overvalued
Analysts at Liberum started coverage of Centamin shares at 'sell', arguing that while its "strong" balance sheet gave it the resources to finance the turnaround of its flagship gold mine at Sukari, the shares were overvalued at present.
Barclays upgrades Aveva to 'overweight'
Barclays upgraded its stance on shares of industrial software group Aveva on Thursday, to ‘overweight’ from ‘neutral’, lifting the price target to 4,060p from 3,730p.
Jefferies sounds 'bullish' note for FTSE 100
Analysts at Jefferies sounded a confident note on the outlook for London's top-flight index, despite Chinese economic data recently losing "some" of their sparkle.
BoA names EasyJet and IAG 'top picks' ahead of summer pick up in capacity
Analysts at Bank of America named IAG and EasyJet as their 'top picks' among European airlines in anticipation of a sharp pick up in flights over the summer.
Peel Hunt, Shore upbeat on musicMagpie
Peel Hunt and Shore Capital were upbeat about musicMagpie's prospects as the brokers started coverage of the gadget recycler after its listing.
Berenberg raises target price on Hill & Smith
Analysts at Berenberg hiked their target price on sustainable infrastructure and safe transport products developer Hill & Smith from 1,565. 0p to 1,775. 0p on Wednesday, citing some "improved messaging".
Goldman ups Croda to 'buy', shares rally
Goldman Sachs upgraded its stance on shares of Croda International to ‘buy’ from ‘sell’ and hiked its price target to 8,000p from 5,750p as it said the risk/reward was "positively skewed".
Liberum nudges up target price on Speedy Hire
Analysts at Liberum nudged up their target price on construction tools and equipment hire firmn Speedy Hire from 82. 0p to 90. 0p on Tuesday, stating the group's strong balance sheet had boosted its outlook.
Tuesday broker round-up
Travis Perkins: Deutsche Bank resumes coverage with a recommendation to hold and a target price of 1,707p.
Berenberg raises target price on MJ Gleeson
Analysts at Berenberg raised their target price on housebuilder MJ Gleeson from 840. 0p to 900. 0p on Tuesday after it became another in a long line of companies within the sector to upgrade full-year guidance.
Shore reiterates 'buy' rating on Premier Foods
Shore Capital has reiterated its ‘buy’ recommendation on Premier Foods and upped full-year profits forecasts following a string of positive announcements from the owner of Mr Kipling.
RBC cuts Antofagasta price target on Chile tax risks
Royal Bank of Canada cut its price target for Antofagasta shares because of tax risks for the copper miner in Chile.
JP Morgan cuts SSP target price on slower recovery
JP Morgan cut its earnings estimates and price target for SSP but kept its 'overweight' rating on the owner of the Upper Crust baguette chain and other transport-led food outlets.