Broker Recommendations
Berenberg upgrades Admiral, downgrades Direct Line
Analysts at Berenberg changed up their positions on Direct Line and Admiral Group on Monday after taking a fresh look at both insurers.
Canaccord Genuity upgrades NCC Group to 'buy'
Analysts at Canaccord Genuity upgraded software outfit NCC Group from 'hold' to 'buy' on Thursday, citing valuation grounds as their primary reasoning.
Canaccord Genuity hikes target price on Cerillion
Analysts at Canaccord Genuity materially raised their target price on software firm Cerillion from 665. 0p to 950. 0p on Monday following the firm's "very impressive" full-year 2021 performance.
Canaccord Genuity raises target price on Touchstone Exploration
Analysts at Canaccord Genuity raised their target price on mining outfit Touchstone Exploration from 180. 0p to 200. 0p on Friday following the firm's "surprise, but upbeat" announcement of an oil test in its Royston-1 well.
Berenberg lowers target price on Rotork
Analysts at Berenberg slightly lowered their target price on manufacturer Rotork from 425. 0p to 410. 0p on Friday following the group's recent trading update.
Deutsche Bank says changes to Aston Martin production setup will 'significantly' improve efficiency
Analysts at Deutsche Bank reiterated their 'hold' recommendation for shares of Aston Martin Lagonda following a visit to the carmaker's Gaydon headquarters.
Peel Hunt downgrades Biffa after results, cuts price target
Broker Peel Hunt downgraded its stance on shares of waste management company Biffa to ‘hold’ from ‘add’ on Thursday and cut the price target to 395p from 430p after the interim results.
Berenberg raises target price on Relx
Analysts at Berenberg raised their target price on publishing company Relx from 1,816. 0p to 2,300. 0p on Thursday, stating its sum of the parts assessment suggested the stock's current share price was "fair".
Barclays says Diageo's new forecasts underestimate its potential
Analysts at Barclays raised their estimates for Diageo's first half sales and profits, saying that they underestimated the company's potential.
Berenberg raises target price on Diageo following CMD
Analysts at Berenberg raised their target price on drinks maker Diageo from £37. 0 to £39. 0 on Wednesday following the firm's "upbeat" capital markets day.
Jefferies cuts M&S to 'hold' as valuation catches up
Jefferies cut its rating on Marks & Spencer shares to 'hold' with the company's turnaround "finally recognised" by the market.
Berenberg raises target price on Marks & Spencer's following H1 results
Analyst at Berenberg raised their target price on retailer Marks & Spencer's from 215. 0p to 265. 0p on Tuesday after the group's "ReMarksable" interim results.
Liberum starts coverage of Trainline at 'buy'
Liberum initiated coverage of online ticket sales platform Trainline on Tuesday with a ‘buy’ rating and 400p price target.
Goldman, RBC Capital downgrade B&M European Value
B&M European Value Retail was under the cosh on Monday after downgrades by both Goldman Sachs and RBC Capital Markets.
Canaccord Genuity raises target price on Kainos
Analysts at Canaccord Genuity raised their target price on software firm Kainos from 1,765. 0p to 1,880. 0p on Monday, pointing to continued growth momentum and normalising margins.
Kepler downgrades easyJet, slashes price target
Kepler Cheuvreux downgraded its stance on easyJet on Monday to ‘reduce’ from ‘hold’ and slashed the price target to 460p from 605p.
Liberum keeps Auto Trader as 'top pick', says strategy shift paying dividends
Analysts at Liberum raised their target price for shares of 'top pick' Auto Trader on the back of its latest interims, saying the group's performance was proof that its shift towards a strategy based on average revenues per retailer was paying dividends.
Berenberg slightly raises target price on Sabre Insurance
Analysts at Berenberg modestly raised their target price on car and motors insurer Sabre Insurance from 195. 0p to 205. 0p on Thursday, stating its deal with motorcycle insurance outfit MCE Insurance was a good one.
Baclays downgrades Babcock despite reduction in financial leverage
Analysts at Barclays downgraded their recommendation for shares of Babcock from 'overweight' to 'equalweight' due to the earnings dilution resulting from its recent disposals.
Four banks initiate coverage of Oxford Nanopore with positive ratings
Four banks initiated coverage of DNA sequencing company Oxford Nanopore on Wednesday with positive ratings.