Broker Recommendations
Wednesday broker round-up
Lloyds Banking Group: RBC Capital Markets reiterates outperform with a target price of 5,100p.
Berenberg hikes target price on Bellway
Analysts at Berenberg raised their target price on construction firm Bellway from 3,240. 0p to 4,180. 0p on Wednesday, stating the group's record land buying showed "fresh confidence".
JP Morgan stays 'overweight' on Barclays, says earnings recovery on track
Analysts at JP Morgan reiterated their 'overweight' stance and 210. 0p target price on shares of Barclays, telling clients that the lender's earnings recovery was on track despite management's messaging on costs.
Canaccord Genuity raises target price on Eckoh
Analysts at Canaccord Genuity raised their target price on software and services firm Eckoh from 75. 0p to 88. 0p on Wednesday, stating the group was "well-positioned" for the 2022 trading year and beyond.
Barclays reinstates coverage of Cineworld at ‘equalweight’
Barclays reinstated coverage of Cineworld at ‘equalweight’ on Wednesday with a 115p price target as it said a blockbuster year was needed to help deleveraging.
Broker tips: Travis Perkins, Ashtead, IAG
Analysts at Canaccord Genuity raised their rating on business services firm Travis Perkins from 'hold' to 'buy' on Tuesday, following the group's successful demerger from Wickes.
Canaccord Genuity ups Travis Perkins to 'buy' following Wickes demerger
Analysts at Canaccord Genuity raised their rating on business services firm Travis Perkins from 'hold' to 'buy' on Tuesday, following the group's successful demerger from Wickes.
Berenberg hikes target price on Ashtead
Analysts at Berenberg significantly raised their target price on building equipment provider Ashtead from 2,850. 0p to 4,850. 0p on Tuesday, citing the group's "ambitious" market share plans.
JPMorgan upgrades British Airways owner IAG to ‘overweight’
JPMorgan Cazenove upgraded shares of British Airways owner IAG on Tuesday to ‘overweight’ from ‘neutral’ as it said that while 2021 is expected to remain very challenging, the prospects for 2022 onwards "look promising as global air travel starts to normalise".