Broker Recommendations
Credit Suisse bumps up target price for BHP, but stays at 'neutral'
Credit Suisse analysts reiterated their 'neutral' recommendation for shares of BHP Group following what they described as a "solid" set of results out of the mining group.
Berenberg slashes target for Gem Diamonds but stays at 'buy'
Analysts at Berenberg slashed their target price for shares of Gem Diamonds on the back of the miner's second quarter trading statement.
Deutsche Bank slashes target price for 888 but stays at 'buy'
Analysts at Deutsche Bank slashed their target price for shares of 888 following the company's first set of results following completion of the acquisition of William Hill.
RBC Capital starts Haleon at ‘sector perform’
RBC Capital Markets initiated coverage of GlaxoSmithKline’s consumer health spinoff Haleon on Tuesday at ‘sector perform’ with a 300p price target.
Citi hikes target on CCH but stays at 'neutral' on limited visibility for 2023
Analysts at Citi hailed Coca Cola HBC's first half numbers, hiking their target price for the shares in the process.
Canaccord Genuity lowers target price on CMC Markets
Analysts at Canaccord Genuity lowered their target price on financial services group CMC Markets from 257. 0p to 224. 0p on Monday, citing "material cost inflation" flagged by the company.
Rebound in growth stocks has 'somewhat further to go', JP Morgan says
It was too soon to rotate back into 'value' stocks from 'growth', strategists at JP Morgan said.
Berenberg lowers target price on Wheaton Precious Metals
Analysts at Berenberg lowered their target price on Wheaton Precious Metals from 3,800. 0p to 3,600. 0p on Monday following a "mixed" second quarter for the group.
Deutsche Bank hikes target price on Coca-Cola HBC
Analysts at Deutsche Bank raised their target price on bottling company Coca-Cola HBC from 2,525. 0p to 2,600. 0p on Friday, stating the stock was "still going cheap" despite recent strong growth.
Investors moving back into credit, banks and technology catch a bid, BofA says
Investors moved back into credit and to a lesser extent into banking and technology stocks over the preceding week, BofA Securities strategists said.
Berenberg lowers target price on the Gym Group
Analysts at Berenberg slashed their target price on fitness centre operator the Gym Group from 290. 0p to 180. 0p on Friday and said it was "staying on the sidelines" as far as the stock was concerned.
Berenberg lowers target price on Strix
Analysts at Berenberg lowered their target price on kettle controls manufacturer Strix Group from 310. 0p to 245. 0p on Thursday but said the firm was "not of steam".
Canaccord Genuity downgrades Jupiter Fund Management to 'sell'
Analysts at Canaccord Genuity downgraded fund manager Jupiter Fund Management from 'hold' to 'sell' on Thursday, stating there was downside risk to its already below-consensus forecasts.
BofA says Legal and General dividend 'should not be in any danger'
Analysts at Bank of America Securities reiterated their 'buy' recommendation for shares of Legal&General following the financial services outfit's latest half-year update.
Jefferies starts Pets at Home at 'buy'
Jefferies initiated coverage of Pets at Home on Wednesday at ‘buy’ with a 425p price target as it highlighted the company’s "resilience and growth".
Berenberg lowers target price on Atalaya
Analysts at Berenberg lowered their target price on Atalaya Mining from 400. 0p to 370. 0p on Wednesday after the group's second-quarter results fell short of expectations.
Berenberg slightly raises target price on Firstgroup
Analysts at Berenberg slightly raised their target price on public transport operator Firstgroup from 150. 0p to 160. 0p on Tuesday, stating the group was "worth stumping up for".
JPMorgan reiterates 'underweight' on Hargreaves Lansdown
JPMorgan Cazenove reiterated its ‘underweight’ rating and 770p price target on Hargreaves Lansdown on Tuesday following the investment platform’s half-year results a day earlier.
Risk/reward for equities 'not all bad' heading into year-end, says JPMorgan
JPMorgan Cazenove said on Monday that the risk/reward for equities is "not all bad" as we head into year-end.
Canaccord Genuity nudges up target price on Touchstone Exploration
Analysts at Canaccord Genuity slightly raised their target price on exploration and production firm Touchstone Exploration from 190. 0p to 200. 0p on Monday after the group secured environmental approvals for its Cascadura development.