Broker Tips
Canaccord Genuity raises target price on Base Resources
Analysts at Canaccord Genuity raised their target price on mineral sands company Base Resources from 35. 0p to 50. 0p on Wednesday, citing its exposure to a suite of "underappreciated (but highly attractive) commodities" and a "strong" near-term dividend yield.
RBC Capital upgrades Anglo American, downgrades BHP
RBC Capital Markets upgraded miner Anglo American on Wednesday, but downgraded its stance on BHP.
Berenberg raises target price on Ferguson
Analysts at Berenberg raised their target price on plumbing and heating products distributor Ferguson from 9,500. 0p to 10,000. 0p on Wednesday following its "impressive" full-year results.
Barclays lifts Cranswick to 'equalweight' after de-rating
Barclays upgraded Canswick to ‘equalweight’ from ‘underweight’ on Wednesday and lifted the price target to 3,500p from 3,200p as it noted that the shares have de-rated.
Broker tips: Superdry, Electrocomponents, British Land
Analysts at Berenberg raised their target price on clothing retailer Superdry from 235. 0p to 280. 0p on Tuesday but stated a "leap of faith" was required as the group's risk/reward balance was weighted very evenly.
BoA ups target prices for Gazprom and Novatek amid natural gas price spike
Analysts at Bank of America revised their target prices for shares of Gazprom and Novatek higher following the recent spike in natural gas prices.
Berenberg raises target price on Superdry
Analysts at Berenberg raised their target price on clothing retailer Superdry from 235. 0p to 280. 0p on Tuesday but stated a "leap of faith" was required as the group's risk/reward balance was weighted very evenly.
Citi upgrades British Land to 'neutral'
Citi upgraded British Land to ‘neutral’ from ‘sell’ on Tuesday but said the path to structural growth remains uncertain.
RBC Capital upgrades Electrocomponents to 'outperform'
RBC Capital Markets upgraded Electrocomponents on Tuesday to ‘outperform’ from ‘sector perform’ and hiked the price target to 1,350p from 1,070p as it said the company will be a long-term winner.
Broker tips: Beeks Financial Cloud, Base Resources, Medica Group
Analysts at Canaccord Genuity raised their target price on software and services firm Beeks Financial Cloud from 150. 0p to 190. 0p on Monday, stating full-year profits were on the horizon.
Broker tips: LondonMetric, Ultra Electronics, JTC
Citi upgraded LondonMetric to ‘buy’ from ‘neutral’ on Friday, saying it remains confident of structural tailwinds for logistics, estimating a doubling of space requirements over around 10 years.
Citi upgrades LondonMetric to 'buy'
Citi upgraded LondonMetric to ‘buy’ from ‘neutral’ on Friday, saying it remains confident of structural tailwinds for logistics, estimating a doubling of space requirement over around 10 years.
JTC slumps as ShoreCap says it's time to take some profit
Fund management services provider JTC slumped on Friday after Shore Capital downgraded the stock to ‘sell’ from ‘hold’, saying it was time to take some profits after recent share price strength.
Berenberg lifts Rolls-Royce price target on US travel boost
Berenberg lifted its price target on engine maker Rolls-Royce to 160p from 150p on Thursday as it said the decision by the US this week to open its borders to vaccinated individuals is a positive step towards a more robust recovery in long-haul travel, which has lagged domestic travel markets.
Broker tips: BHP, Draper Esprit, Quixant
Bank of America Merrill Lynch downgraded BHP to 'neutral' from 'buy' on Wednesday and slashed its price target on the stock to 1,900. 0p from 2,900. 0p as it said earnings downgrades were coming.
BofA Merrill Lynch downgrades BHP to ‘neutral’
Bank of America Merrill Lynch downgraded BHP to ‘neutral’ from ‘buy’ on Wednesday and slashed the price target to 1,900p from 2,900p as it said earnings downgrades are coming.
Barclays initiates coverage of 11 luxury stocks after de-rating
Barclays initiated coverage on Wednesday of 11 stocks in the European luxury goods sector.
Broker tips: Softcat, Celtic, Craneware, Brewin Dolphin, Rathbone Brothers
UBS initiated coverage of Softcat with a 'sell' rating and 1,860. 0p price target on Tuesday, stating that while the firm's high return on invested capital warranted a premium, the stock was vulnerable to a de-rating as growth slows.
Berenberg raises target price on Craneware following 'positive' FY results
Analysts at Berenberg hiked their target price on software outfit Craneware from 2,420. 0p to 2,750. 0p on Tuesday following the group's "positive" full-year results.
UBS initiates Softcat at ‘sell’, upgrades Computacenter to ‘buy’
UBS initiated coverage of Softcat with a ‘sell’ rating and 1,860p price target on Tuesday and upgraded Computacenter to ‘buy’ from ‘neutral’, hiking the price target to 3,290p from 2,520p.