Broker Recommendations
Liberum upgrades Hyve to 'buy'
Liberum has upgraded Hyve Group to a ‘buy’, arguing that the events specialist was well-placed to benefit as the sector reopens.
JP Morgan says UK shares to underperform eurozone
UK shares will continue to underperform the eurozone, JP Morgan said as it recommended investors stick with traditional defensive sectors.
Berenberg hikes target price on Marshalls after 'good start' to trading year
Analysts at Berenberg raised their target price on paving firm Marshalls from 740. 0p to 790. 0p on Monday, stating the group was "continuing to deliver".
Canaccord raises target price on Sage following H1 results
Analysts at Canaccord Genuity raised their target price on software and services firm Sage from 680. 0p to 700. 0p on Monday after the group's first half trading results were broadly in line with expectations.
Deutsche Bank casts doubt on Rolls-Royce achieving guidance
Engine maker Rolls-Royce reaffirmed its FY21 guidance last week but Deutsche Bank said on Monday that achieving the guidance "looks a bit daunting".
Citi upgrades Drax, Centrica
Citi upgraded its stance on shares of Drax on Monday to ‘buy’ from ‘neutral’ following the recent UK power price rally of more than 20% in the last month.
Credit Suisse says markets 'consolidating' not 'correcting'
Stockmarkets are set to consolidate, given that inflation is now "a bit more" of an issue, but they are not headed for a 'correction', says Andrew Garthwaite at Credit Suisse.
Berenberg hikes target price on Marks & Spencer
Analysts at Berenberg hiked their target price on retailer Marks & Spencer from 160. 0p to 180. 0p on Friday, citing reopening recovery.
Goldman upgrades Spirax-Sarco after Q1 update
Goldman Sachs upgraded its stance on shares of Spirax-Sarco Engineering to ‘neutral’ from ‘sell’ following the company’s first-quarter trading update on Thursday.
Canaccord upgrades NCC Group to 'buy'
Analysts at Canaccord Genuity upgraded software and services firm NCC Group from 'hold' to 'buy' and raised their target price on the stock from 265. 0p to 318. 0p on Friday, citing its "strategic acquisition" of IPM.
Thursday broker round-up
Hargreaves Lansdown: Numis downgrades to add with a target price of 2,019p.
Citi lifts Diageo price target after update
Citi lifted its price target on Diageo on Thursday to 3,325p from 3,200p following the drinks maker’s trading update.
Canaccord hikes target price on Go-Ahead
Analysts at Canaccord Genuity hiked their target price on public transport operator Go-Ahead Group from 1,135. 0p to 1,540. 0p on Thursday, stating the group was now in the process of preparing for "a strong recovery".
UDG Healthcare takeover likely to proceed, says RBC Capital
RBC Capital Markets downgraded its stance on shares of UDG Healthcare from ‘outperform’ on Thursday as it lifted the price target to 1,023p from 940p, bringing it in line with the offer received by private equity firm Clayton, Dubilier & Rice, which it reckons will go through.
Berenberg initiates coverage on Ilika at 'buy'
Analysts at Berenberg initiated coverage on solid-state battery technology outfit Ilika at 'buy' on Thursday, stating the group was "taking batteries to the next level".
JP Morgan hikes target on Ashtead, points to potential for 'sustainable out-sized growth'
Analysts at JP Morgan hiked their target price and reiterated their 'overweight' recommendation for shares of Ashtead in the wake of the equipment rental company's most recent Capital Markets Day.
Liberum hikes target price on Tyman following 'very strong' trading update
Analysts at Liberum raised their target price on door and window components manufacturer Tyman from 425. 0p to 530. 0p on Wednesday after last week's "very strong trading update" from the group.
Berenberg raises target price on Victrex
Analysts at Berenberg raised their target price on specialty chemicals firm Victrex from 2,100. 0p to 2,500. 0p on Tuesday, highlighting a first-half cyclical rebound and the potential for secular growth.