Broker Recommendations
Credit Suisse slashes Wise price target
Credit Suisse slashed its price target on payments firm Wise on Thursday as it argued that management will likely be strategic rather than driven by near-term share price performance.
Berenberg upgrades Hunting to 'buy'
Analysts at Berenberg upgraded energy services supplier Hunting from 'hold' to 'buy' on Thursday, stating recent weakness had provided an "attractive entry opportunity".
BofA stays at 'buy' on Anglo Pacific Group as pivot towards 'future facing commodities' continues
Analysts at BofA Securities reiterated their 'buy' rating for shares of Anglo Pacific Group, telling clients that its recent acquisition of four royalties from South32 reflected its pivot away from coal towards electrification metals.
Berenberg lowers target price on RS Group
Analysts at Berenberg lowered their target price on industrial and electronics products distributor RS Group from 1,230. 0p to 1,010. 0p on Wednesday but acknowledged that the group was "on a roll".
Deutsche Bank raises target price on Coca-Cola Hellenic
Analysts at Deutsche Bank raised their target price on Coca-Cola Hellenic from 2,475. 0p to 2,525. 0p on Wednesday, stating they were expecting "another solid release" from the firm.
Canaccord slashes target price for 888 Holdings but stays at 'buy'
Analysts at Canaccord Genuity slashed their target price on bookmaker 888 Holdings from 690. 0p to 470. 0p on Tuesday following the group's acquisition of William Hill.
Berenberg lowers target price on LendInvest
Analysts at Berenberg lowered their target price on mortgage lender LendInvest from 275. 0p to 230. 0p on Tuesday, stating the group's outlook was "cloudy" despite a "strong" end to its 2022 trading year.
RBC Capital downgrades British Land, Landsec, Hammerson
British Land, Landsec and Hammerson were all under the cosh on Tuesday after RBC Capital Markets downgraded its stance on the shares, as it took a look at the London office and UK retail property markets.
Berenberg reiterates 'buy' rating on Molten Ventures
Analysts at Berenberg lowered their target price on venture capital company Molten Ventures from 1,300. 0p to 1,050. 0p on Monday but said a recent portfolio stress test proved the group's stock was "too cheap".
Deutsche Bank starts coverage of Domino's, Greggs, Restaurant Group
Deutsche Bank initiated coverage of Domino’s, Greggs and the Restaurant Group on Monday, with a ‘buy’ and two ‘holds’, respectively.
Barclays upgrades Ferrexpo to 'equalweight'
Barclays upgraded Ferrexpo on Friday to ‘equalweight’ from ‘underweight’, highlighting a cheap valuation.
Too soon to position aggressively for interest rate cuts, BofA says
Strategists at BofA Securities highlighted the recent "big rotation" into technology issues, those of the biotechnology sector in particular.
BofA thinks euro-dollar parity 'likely', recommends US investors hedge
Foreign exchange strategists at Bank of America Securities thought euro at parity against the US dollar was "likely".
Liberum reiterates 'buy' rating on Persimmon
Analysts at Liberum reiterated their 'buy' rating on housebuilder Persimmon on Friday, stating pricing and margins "should trump volume".
Berenberg lowers target price on WPP
Analysts at Berenberg lowered their target price on media giant WPP on Friday from 1,230. 0p to 915. 0p and reiterated its 'hold' rating on the stock, stating it was "not yet time to buy".
Berenberg downgrades Rio Tinto to 'sell', expects downside surprise in 1H results
Analysts at Berenberg downgraded their rating on shares of Rio Tinto from 'hold' to 'sell', telling clients that they believed there was more downside in the shares.
Liberum lifts Trainline price target after update
Liberum upped its price target on Trainline on Thursday following the company’s trading update and increased guidance a day earlier.
JPMorgan places Hargreaves Lansdown on ‘negative catalyst watch’, slashes PT
JPMorgan Cazenove cut its price target on Hargreaves Lansdown on Thursday and placed the shares on "negative catalyst watch" ahead of the full-year results next month.
BofA reiterates 'buy' for Informa, says valuation 'adequately' pricing in risks
Analysts at Bank of America reiterated their 'buy' rating and 740. 0p target price for shares of British publishing and business intelligence outfit Informa.
Canaccord upgrades Hunting in anticipation of multi-year cycle for oilfield services
Analysts at Canaccord Genuity upgraded their rating for shares of Hunting from 'hold' to 'buy' following the recent sharp spill lower in the share price after the company posted its second quarter results.