Broker Recommendations
Numis ups profit forecast, target price for Savills
Numis has upped both profit forecasts and its price target for Savills after a buoyant update from the upmarket estate agent.
Deutsche Bank lowers IAG target price in anticipation of higher fuel costs
Analysts at Deutsche Bank reiterated their 'buy' stance for shares of IAG but cut their short-to-medium term profit estimates for the carrier in anticipation of higher fuel costs.
Canaccord Genuity raises target price on Ideagen
Analysts at Canaccord Genuity raised their target price on software and services firm Ideagen from 325. 0p to 350. 0p on Tuesday, stating its recent acquisition of CompliSpace complemented the group "in all the right places".
Jefferies initiates coverage of ITM Power at 'buy'
Jefferies initiated coverage of ITM Power on Tuesday with a ‘buy’ rating and 800p price target.
Berenberg upgrades BT to 'buy', shares rally
Berenberg upgraded BT to ‘buy’ from ‘hold’ on Tuesday, lifting the price target to 200p from 175p as it highlighted four positive developments in the investment case.
JP Morgan raises target price for BT Group, says shares set to resume upwards journey
Analysts at JP Morgan raised their target price for shares of BT Group from 235. 0p to 255. 0p, telling clients that the shares were set to resume its "journey towards fresh all-time highs".
Canaccord Genuity nudges up price target on Vaalco Energy
Analysts at Canaccord Genuity slightly raised their target price on hydrocarbon exploration firm Vaalco Energy from 335. 0p to 345. 0p on Monday, stating the firm was currently "well set for growth".
Darktrace share price slide driven by 'fear not fact', says Berenberg
Darktrace shares surged following heavy losses last week, as Berenberg reiterated its ‘buy’ stance on the cybersecurity firm and said "any share price capitulation is a result of fear not fact".
Berenberg upgrades Capital & Regional to 'hold'
Analysts at Berenberg upgraded property asset manager Capital & Regional from 'sell' to 'hold' on Monday, citing the firm's now strengthened balance sheet.
Liberum lowers target price on Clinigen
Analysts at Liberum lowered their target price on pharmaceutical services and products group Clinigen from 886. 0p to 800. 0p on Friday but stated risks still appeared to be "skewed to the upside".
Berenberg ups Flutter Entertainment to 'buy' after share price weakness
Berenberg upgraded Flutter Entertainment to ‘buy’ from 'hold’ on Friday, saying the pullback in the shares following recent results offers an attractive entry point, with around 18% upside to the current share price.
Berenberg reinstates 'buy' recommendation for Greggs, raises target price
Analysts at Berenberg reinstated their recommendation to 'buy' Greggs and bumped up their target price on the back of the company's first-ever capital markets day.
Deutsche downgrades Trainline to 'hold'
Deutsche Bank has downgraded its recommendation on Trainline shares to ‘hold’ on the back of the online ticker seller’s interim numbers.
RBC stays at 'buy' on BP, sees higher buybacks in 2022
Analysts at RBC Capital kept their recommendation for shares of BP at 'sector perform' following the oil major's latest update.
ShoreCap reinstates coverage of Boohoo at ‘buy’, cites ‘good entry point’
Shore Capital reinstated coverage of fast-fashion retailer Boohoo with a ‘buy’ rating on Wednesday, having previously had a long-standing ‘sell’ on the shares, citing "a good entry point" at historical lows.
Liberum upgrades Anglo American to 'buy', cites capex in ESG-friendly copper
Analysts at Liberum upgraded their recommendation for shares of Anglo American from 'hold' to 'buy', describing it as the sole "pro-growth major" in its space.
ShoreCap stays at 'buy' on StanChart, says shares most undervalued in UK peer group
Analysts at ShoreCap reiterated their 'buy' recommendation for shares of StanChart, telling clients that it remained the most undervalued lender in its UK banking universe.
Ediston buys exposure to retail park revival - Peel Hunt
Ediston Property is an attractive way to buy into the revival of UK retail parks, Peel Hunt said in a positive note about the sector.
Berenberg upgrades Rentokil to 'hold'
Analysts at Berenberg upgraded pest control services provider Rentokil from 'sell' to 'hold' on Tuesday and raised their target price on the stock from 440. 0p to 510. 0p, stating risks faced by the firm were balanced "for now".
Citi sees room for upside surprise on sales at Hikma Pharmaceuticals
Analysts at Citi reiterated their 'buy' stance for shares of Hikma Pharmaceuticals ahead of the company's trading statement due out later in the same week.