Broker Recommendations
Liberum raises target price on Shaftesbury
Analysts at Liberum raised their target price on real estate investment trust Shaftesbury from 680. 0p to 700. 0p, citing "a tale of two halves".
Berenberg raises target price on Electrocomponents
Analysts at Berenberg raised their target price on industrial and electronics products distributor Electrocomponents from 890. 0p to 1,230. 0p on Tuesday, highlighting that the firm had continued to win market share in the first half of its trading year, especially on the industrial side of its business.
JP Morgan sees Brent oil price 'overshoot' to $150 per barrel in 2023
Analysts at JP Morgan predicted that underinvestment in new oil production capacity was set to drive Brent crude oil prices to $125 per barrel in 2022 and $150 in 2023.
Barclays upgrades GB Group after Acuant deal
Barclays upgraded GB Group to ‘overweight’ from ‘equalweight’ on Monday, hiking the price target to 1,000p from 865p following the company’s acquisition of US identity identification business Acuant.
Canaccord Genuity initiates coverage on Gaming Realms at 'buy'
Analysts at Canaccord Genuity initiated coverage on mobile gaming content developer Gaming Realms at 'buy' on Monday, stating it was now reaping the benefits from two important strategic decisions taken by management.
Deutsche Bank lowers target price on IQE
Analysts at Deutsche Bank lowered their target price on semiconductor manufacturer IQE from 60. 0p to 50. 0p on Friday following the group's "disappointing" fourth-quarter trading update.
Berenberg lowers target price on Forterra
Analysts at Berenberg lowered their target price on construction firm Forterra from 300. 0p to 280. 0p on Friday, citing "limited" near-term organic upside.
Berenberg lowers target price on Eurocell
Analysts at Berenberg slightly lowered their target price on UPVC products supplier Eurocell from 360. 0p to 340. 0p on Thursday despite the group delivering "another solid update".
Jefferies says 'buy' IHG in bullish hotels note
Jefferies urged investors to 'buy' InterContinental Hotels as the broker chose hotels as its top subsector in the leisure industry.
RBC Capital ups Capita to 'outperform', cites signs of stabilisation
RBC Capital Markets upgraded outsourcer Capita on Thursday to ‘outperform’ from ‘sector perform’ and lifted the price target to 70p from 55p, saying it was "one for the brave".
Barclays upgrades Hochschild Mining after selloff
Barclays upgraded its stance on Hochschild Mining on Wednesday to ‘overweight’ from ‘equalweight’, arguing that this week’s selloff presents a value opportunity.
JP Morgan ups Deliveroo and Just Eat to 'overweight'
Deliveroo's sales could beat expectations and Just Eat Takeaway may be a takeover target, JP Morgan said as it upgraded both food delivery groups' shares to 'overweight'.
Berenberg on raises target price on Alpha FMC following H1 results
Analysts at Berenberg raised their target price on asset and wealth management industry consultant Alpha Financial Markets Consulting from 420. 0p to 470. 0p on Wednesday, citing the group's accelerated first-half performance.
Liberum upgrades Big Yellow to 'buy', hikes target price
Analysts at Liberum upgraded their recommendation for shares of Big Yellow from 'hold' to 'buy', labelling the storage company's latest interims as "strong".
Canaccord Genuity lowers target price on GB Group following Acuant acquisition
Analyst at Canaccord Genuity lowered their target price on software business GB Group from 1,000. 0p to 950. 0p on Tuesday following the firm's acquisition of Acuant last week.
Berenberg upgrades Barratt Developments and Crest Nicholson to 'buy'
Analysts at Berenberg upgraded construction firms Barratt Developments and Crest Nicholson from 'hold' to 'buy' on Tuesday, stating it was "challenging the rate rise narrative".
Barclays tells clients that its 'too early to sell' European stocks
Equity strategists at Barclays told clients that it was still too early to sell European stocks, arguing that the fundamentals should prevail even if the so-called 'contrarian' bearish view paid off at some point.
Citi ups price target on BT Group
Citi upped its price target for BT Group on Monday, arguing that the telecoms company had entered into a period of "solid" earnings growth.
Berenberg raises target price on ITV
Analysts at Berenberg raised their target price on broadcaster ITV from 109. 0p to 128. 0p on Monday after advertising revenues surprised positively in the third quarter of the firm's trading year.
BoA downgrades Hochschild Mining to 'underperform' after Peru announces plans to close two mines
Analysts at Bank of America downgraded their recommendation for shares of Hochschild Mining from 'buy' to 'underperform', marking down their target price from 280. 0p to 90. 0p in the process.