Broker Tips
Monday broker round-up
Experian: Deutsche Bank downgrades to sell with a target price of 1,800p.
Algerian economy braced for bumpy ride as political unrest mounts
The Algerian economy is set to suffer, regardless of how the current political unrest plays out, according to Capital Economics.
Tuesday broker round-up
Clarkson: JP Morgan upgrades to overweight with a target price of 2,787p.
Broker tips: Vodafone, IAG, Ocado, Marks & Spencer, Experian
Vodafone management should voluntarily cut the dividend to support deleveraging efforts and restore confidence to the under-pressure shares, said JPMorgan Cazenove on Monday.
JP Morgan sees further gains for stocks after short-term consolidation
Strategists at JP Morgan recommend clients add to their positions in global equities in anticipation of further upside in the back half of the year.
M&S paying high price for being late to online food party, says RBC Capital
RBC Capital Markets upped its price target for Ocado on Monday but cut its target for Marks & Spencer as it accounted for the joint venture announced last month.
Deutsche Bank lowers Experian to 'sell' on 'less supportive' market
Analysts at Deutsche Bank downgraded shares of consumer credit reporting company Experian to 'sell' on Monday, citing a "less supportive" market.
Vodafone should take voluntary dividend cut, JPM Cazenove says
Vodafone management should voluntarily cut the dividend to support deleveraging efforts and restore confidence to the under-pressure shares, said JPMorgan Cazenove on Monday.
Charter Court-OneSavings merger gets warm welcome from analysts
Analysts in the City of London came out almost universally in support of the proposed merger between Charter Court and OneSavings Bank.
Pub groups toast stronger sales as restaurants continue to struggle
Pub sales picked up last month after a dry January but restaurants continued to falter, industry research published on Monday showed.
Citi upgrades IAG after 'unprecedented fall from grace'
Shares in British Airways and Iberia parent International Consolidated Airlines Group flew higher on Monday as Citi upped its recommendation to 'neutral' from 'sell' and lifted the price target to 560p from 508p following an "unprecedented fall from grace" in recent weeks.
Canaccord ups target for Alfa Financial after 'troubled year'
Analysts at Canaccord Genuity upped their target price on finance industry software provider Alfa Financial on Friday, stating the group had turned a corner towards the end of a "troubled year".
Saga shares sink as JPMorgan warns of margin pressure
Shares in over-50s specialist Saga sank on Friday as JPMorgan Cazenove cut its stance on the stock to 'underweight' from 'neutral' and reduced the price target to 120p from 140p, arguing that competitive markets are adding to margin pressure and highlighting a weak balance sheet.
Broker tips: Rio Tinto, BHP, Quiz, Ultra Electronics, Just Eat
Rio Tinto and BHP were knocked lower on Thursday as Societe Generale downgraded its recommendation on both stocks as it moved to a more cautious stance on most of the metals and mining stocks it covers following year-to-date gains.
Just Eat downgraded to 'equal weight' at Barclays
Analysts at Barclays downgraded online food ordering and delivery service Just Eat to 'equal weight' on Thursday, citing limited upside to their 785p target price on the back of slower growth and heightened competition.
Thursday broker round-up
Just Eat: Barclays downgrades to equal weight with a target price of 785p.
SocGen downgrades Rio, BHP as it turns more cautious on miners
Rio Tinto and BHP were knocked lower on Thursday as Societe Generale downgraded its recommendation on both stocks as it moved to a more cautious stance on most of the metals and mining stocks it covers following year-to-date gains.
Peel Hunt downgrades Quiz as profit warning sends shares into freefall
Peel Hunt downgraded its stance on fashion brand Quiz to 'sell' from 'hold' on Thursday after it issued its second profit warning this year, cutting the price target to 12p from 25p.
JPM upgrades Ultra Electronics on reduced risk profile
Ultra Electronics results this week and management's confidence "draw a line under a challenging two years" and led JPMorgan Cazenove to take a positive view of the defence contractor's shares.
Broker tips: Burberry, Taylor Wimpey, Bovis, Persimmon
Burberry was under the cosh on Wednesday as Goldman Sachs cut its stance on the stock to ‘sell’ from ‘neutral’ and reduced the price target to 1,855p from 2,148p, pointing to a demanding valuation.