Broker Recommendations
Thursday broker round-up
Hill&Smith: Berenberg keeps at buy and raises target price from 1,775. 0p to 1,995. 0p.
Strix Group shares boil over as Liberum starts at 'buy'
Analysts at Liberum initiated coverage of Strix Group, the kettle safety control manufacturer at 'buy', flagging to clients what they believed was a "major" re-rating ahead.
RBC Capital hikes price target on Flutter Entertainment
RBC Capital Markets lifted its price target on Paddy Power Betfair owner Flutter Entertainment on Wednesday following the company’s half-year results a day earlier.
Canaccord Genuity nudges up target price on Restore
Analysts at Canaccord Genuity nudged up their target price on information and data management firm Restore from 610. 0p to 615. 0p on Wednesday following the group's "strategically compelling acquisition" of PRM Green Technologies.
Wednesday broker round-up
Hargreaves Lansdown: Berenberg stays at 'buy' but lowers target price from 2,000. 0p to 1,850. 0p.
Bank of America stays at 'buy' on Barclays, eyes increased capital returns
Analysts at Bank of America reiterated their 'buy' recommendation and 225. 0p target price for shares of Barclays, telling clients that the lender had demonstrated its balance sheet strength and its commitment to investing in the business.
Berenberg lowers target price on Hargreaves Lansdown
Analysts at Berenberg lowered their target price on investment bank Hargreaves Lansdown from 2,000. 0p to 1,850. 0p on Wednesday following the group's full-year earnings report earlier in the week.
Liberum ups IAG to 'buy', cites attractive entry point
Liberum upped its stance on British Airways and Iberia owner IAG to ‘buy’ from ‘hold’ on Wednesday as it argued that recent share price weakness offers an attractive entry point.
Broker tips: Helios Towers, Hargreaves Lansdown, Babcock
Analysts at Berenberg raised their target price on telecommunications tower infrastructure group Helios Towers from 203. 0p to 224. 0p on Tuesday, stating they believe the shares offered scope for "material upside over the medium term".
JPM ups Babcock target price and backs turnaround
JP Morgan backed Babcock International's turnaround plan as the bank increased its target price for the engineering group's shares.
Tuesday broker round-up
Helios Towers: Berenberg stays at buy and raises target price from 203. 0p to 224. 0p.
Credit Suisse lowers target for Hargreaves Lansdown, stays at 'underperform'
Analysts at Credit Suisse trimmed their target price for shares of Hargreaves Lansdown following the investment platform's latest full-year numbers.
Berenberg raises target price on Helios Towers
Analysts at Berenberg raised their target price on telecommunications tower infrastructure group Helios Towers from 203. 0p to 224. 0p on Tuesday, stating they believe the shares offered scope for "material upside over the medium term".
Berenberg highlights rising sales and profit margins at TT Electronics
Berenberg sounded an upbeat note on TT Electronics, pointing to its solid sales growth as evidence that the company's shift towards secular growth markets over the preceding years was now bearing fruit.
JP Morgan reiterates 'overweight' on Beazley and Hiscox
Analysts at JP Morgan reiterated their 'overweight' stance for shares of Beazley and Hiscox, telling clients that the outlook for all three Lloyd's insurers, which also includes Lancashire Holdings, was better than previously guided towards.
Liberum starts coverage of Made.com at 'buy'
House broker Liberum initiated coverage of Made. com on Monday with a ‘buy’ rating and 250p price target.
Monday broker round-up
Made. com Group: Liberum initiates coverage at 'buy' with a 250. 0p target price.
Friday broker round-up
Standard Chartered: Citi reiterates 'neutral' and keeps 490. 0p target price.
Berenberg upgrades Cairn Energy to 'buy'
Analysts at Berenberg upgraded exploration and development firm Cairn Energy from 'hold' to 'buy' on Friday, stating "significant progress" was yet to be reflected in its current share price.
Deutsche Bank downgrades Direct Line to ‘hold’
Deutsche Bank downgraded Direct Line to ‘hold’ from ‘buy’ on Friday, cutting the price target to 340p from 350p as it said the first half was strong but catalysts for further re-rating "remain elusive".