Broker Recommendations
Credit Suisse starts Network International at 'outperform'
Credit Suisse initiated coverage of MEA-focused payments service provider Network International on Friday with an ‘outperform’ rating and 460p price target.
UBS upgrades Purplebricks, says market share losses priced in
UBS upgraded its stance on shares of Purplebricks on Friday to ‘neutral’ from ‘sell’ as it said market share losses are now priced in.
Liberum upgrades SIG to 'buy', says recovery 'just getting started'
Analysts at Liberum upgraded insulation and construction products supplier SIG from 'hold' to 'buy' on Friday, stating the firm's recovery was "just getting started".
Credit Suisse upgrades Boohoo, says governments might ban Shein app
Analysts at Credit Suisse upgraded their recommendation for shares of Boohoo to 'outperform', telling clients that Western governments looked set to step in and "level up the playing field" against Chinese fashion retail app Shein.
Canaccord Genuity upgrades IQE to 'speculative buy'
Analysts at Canaccord Genuity upgraded semiconductors firm IQE from 'hold' to 'speculative buy' on Thursday, stating momentum appeared to be "about to inflect".
Market underestimating Hays growth potential, says Barclays
Barclays upgraded shares of Hays to ‘overweight’ from ‘equalweight’ on Thursday and hiked the price target to 195p from 120p as it argued the market is underestimating the recruiter’s growth potential.
Berenberg raises target price on Grainger
Analysts at Berenberg raised their target price on residential property firm Grainger from 350. 0p to 375. 0p on Thursday, citing the firm's growing portfolio.
RBC Capital Markets starts IntegraFin at ‘sector perform’
RBC Capital Markets initiated coverage of IntegraFin on Thursday with a ‘sector perform’ rating and a 610p price target.
JPMorgan upgrades ConvaTec to 'overweight'
JPMorgan Cazenove upgraded medical products company ConvaTec to ‘overweight’ from ‘neutral’ on Thursday, lifting the price target to 272p from 229p as it pointed to an attractive entry point.
Berenberg says US opportunity in 888 undervalued
Analysts at Berenberg reiterated their 'buy' recommendation for shares of 888 Holdings, arguing that prospects for the online gambling group in the US remained undervalued.
Barclays lifts price target on M&S after 'encouraging' update
Barclays lifted its price target on Marks & Spencer to 215p from 210p on Wednesday as it said the retailer’s recent trading statement was encouraging.
Berenberg says StanChart 'undervalued'
Analysts at Berenberg reiterated their 'buy' stance on shares of StanChart, telling clients that low global interests were masking volume growth and hence the shares had become undervalued.
Canaccord hikes target price on Michelmersch, points to strong execution and cash conversion
Analysts at Canaccord Genuity hiked their target price for shares of Michelmersh Brick Holdings from 146. 0p to 162. 0p, pointing out to clients the company's good execution amid challenging circumstances and "strong" cash conversion.
RBC Capital Markets hikes target price on Bunzl
Analysts at RBC Capital Markets raised their target price on distribution company Bunzl from 2,270. 0p to 2,450. 0p on Monday following the firm's "solid" first-half earnings.
Canaccord Genuity raises target price on Eurocell
Analysts at Canaccord Genuity raised their target price on building supplies retailer Eurocell from 310. 0p to 330. 0p on Friday, citing recent strong trading and investments made into growth.
Citi reiterates 'buy' on Polymetal
Citi reiterated its ‘buy’ rating on Polymetal on Friday as it said the investment case is getting back on track.
Barclays upgrades HomeServe to 'overweight'
Barclays upgraded HomeServe to ‘overweight’ from ‘equalweight’ on Thursday.
Berenberg upgrades Tyman to 'buy', cites attractive entry point
Berenberg upgraded its stance on shares of building products manufacturer Tyman to ‘buy’ from ‘hold’ on Wednesday and hiked the price target to 500p from 375p, citing an attractive entry point.