Broker Recommendations
Citi upgrades Wizz Air to ‘neutral’ from ‘sell’
Citi upgraded its recommendation on shares of budget airline Wizz Air to ‘neutral’ from ‘sell’ on Wednesday, keeping the price target at 2,300p.
UBS upgrades LSE to 'buy', cites attractive entry point
UBS upgraded London Stock Exchange on Wednesday to ‘buy’ from ‘neutral’, pointing to an attractive entry point.
Jefferies upgrades Cranswick to 'buy'
Jefferies upgraded food producer Cranswick on Wednesday to ‘buy’ from ‘hold’ as it said the pullback below 3,000p offers a compelling entry point.
Berenberg lowers Rolls-Royce to 'hold'
Analysts at Berenberg downgraded aerospace and defence giant Rolls-Royce from 'buy' to 'hold' on Wednesday, citing "relative uncertainty".
Barclays ups B&M European Value Retail to 'overweight', shares rally
Barclays upgraded its stance on shares of B&M European Value Retail on Wednesday to ‘overweight’ from ‘equalweight’ as it pointed to an "attractive" valuation even if zero pandemic benefit is retained.
RBC sees 'good entry point' into Close Brothers Group, upgrades shares
Analysts at RBC Capital Markets upgraded their recommendation for shares of Close Brothers Group from 'sector perform' to 'outperform'.
Record number of fund managers now expect slower growth globally, BofA says
A record proportion of fund managers globally now expect slower economic growth over the next 12 months, especially in Europe, although their expectations for China's economy brightened, the results of a closely-followed survey revealed.
Berenberg upgrades Wizz Air to 'buy'
Analysts at Berenberg upgraded low-cost carrier Wizz Air from 'hold' to 'buy' on Tuesday, stating the group was "playing the long game".
Berenberg lowers target price on Sainsbury's
Analysts at Berenberg lowered their target price on supermarket giant J Sainsbury from 285. 0p to 235. 0p on Monday, stating discretionary spending exposure had dampened the outlook for the stock.
Morgan Stanley ups Rolls-Royce to 'overweight'
Morgan Stanley upgraded shares of engine maker Rolls-Royce on Monday to ‘overweight’ from ‘equalweight’, saying it was "the clearest example of mispricing" in its coverage.
Canaccord Genuity upgrades Hurricane Energy to 'speculative buy'
Analysts at Canaccord Genuity upgraded exploration and production firm Hurricane Energy from 'hold' to 'speculative buy' on Friday, stating the company had "weathered significant storms" that had nearly left it shipwrecked.
Berenberg downgrades Travis Perkins to 'hold'
Analysts at Berenberg downgraded builders' merchant and home improvement retailer Travis Perkins from 'buy' to 'hold' on Friday, stating it now sees more upside elsewhere.
Citi says 'buy' Entain and Flutter, spies possible bid for the former
Analysts at Citi told clients to 'buy' shares of Entain and Flutter Entertainment after revising higher their estimate of the Total Adressable Market opportunity in the US for both and on expectations for greater regulatory clarity.
Credit Suisse starts Shell at ‘outperform’, BP at ‘neutral’
Credit Suisse initiated coverage of BP and Shell on Thursday as it said in a note that it is positive on integrated energy, but in its relative ratings framework, the bank’s bottom-up stock picking is nuanced to reflect what the market is pricing in.
Berenberg initiates coverage on Lords Group at 'buy'
Analysts at Berenberg initiated coverage on construction goods distributor Lords Group with a 'buy' rating on Thursday, stating it was a "fast-growing UK builders' merchant".
Citi and RBC upbeat on Melrose after fresh guidance for aerospace
Analysts at Citi reiterated their 'buy' recommendation for shares of Melrose on the back of the company's update guidance ahead of its Aerospace Capital Markets Day.
Jefferies sees StanChart announcing share buy-back reload alongside Q2 results
Analysts at Jefferies reiterated their 'buy' recommendation for shares of StanChart, highlighting the potential now for the lender to re-load its buy-back programme for the second quarter.
Berenberg raises target price on Chemring
Analysts at Berenberg raised their target price on technology products and services group Chemring from 360. 0p to 420. 0p on Wednesday, stating the firm's "strong" first-half performance had highlighted underlying momentum.
Citi says Glencore is a crowded trade but for 'all the right reasons'
Analysts at Citi reiterated their 'buy' recommendation (Target price: 700. 0p) for shares of Glencore despite the fact that consensus longs often go wrong.
Berenberg says investors' fears around JD Sports 'overdone'
Analysts at Berenberg reiterated their 'buy' recommendation for shares of JD Sports, telling clients that investors' macro fears were overdone.