Broker Tips
Darktrace tumbles as Peel Hunt starts coverage at 'sell'
Cybersecurity firm Darktrace tumbled on Monday after Peel Hunt initiated coverage of the stock at ‘sell’ as it took "a more grounded approach" to the valuation.
Stifel upgrades easyJet to ‘hold’, says dilution now priced in
Stifel upgraded its stance on easyJet to ‘hold’ from ‘sell’ on Monday following the £1. 2bn capital increase and recent trading statement, but cut the price target to 600p from 650p.
Citi sticks with 'short gold' as appropriate pain trade over medium-term
Analysts at Citi still think short gold is the appropriate 'pain trade' over the medium-term, despite "tangible" upside risks to their fourth quarter 2021 average spot price forecast of $1,700/oz.
Broker tips: Barclays, Unilever
Analysts at Berenberg raised their target price on Barclays from 230. 0p to 245. 0p on Friday, telling clients that the lender's third-quarter numbers had confirmed that it was "well placed" to profit from a recovery among UK and US consumers.
UBS stays at sell on Unilever, cites concern about 'deterioration' of market share
Analysts at UBS reiterated their 'sell' recommendation on shares of Unilever, expressing to clients their concern over the "quality" of the company's margins in the back half of the year, which they said implied a "substantial" reduction in its marketing spend.
Berenberg raises target on Barclays, says lender set to benefit from recovery in UK and US consumer
Analysts at Berenberg bumped up their target price for shares of Barclays from 230. 0p to 245. 0p, telling clients that the lender's third quarter numbers had confirmed that it was "well placed" to profit from a recovery among UK and US consumers.
Broker tips: Rio Tinto, Crest Nicholson, Legal&General, AstraZeneca
Analysts at Berenberg cut their target price on mining giant Rio Tinto from 5,400. 0p to 5,000. 0p on Thursday, stating the firm appeared to be facing some "fairly meaningful headwinds" in the near-to-medium term from a financial standpoint.
Berenberg lowers target price on Rio Tinto, sees 'meaningful' financial headwinds
Analysts at Berenberg cut their target price on mining giant Rio Tinto from 5,400. 0p to 5,000. 0p on Thursday, stating the firm appeared to be facing some "fairly meaningful headwinds" in the near-to-medium term from a financial standpoint.
Jefferies upgrades Legal & General to buy, says consensus overestimates risks
Analysts at Jefferies upgraded their recommendation for shares of Legal&General from ´hold´to ´buy, telling clients that it was the European insurer offering the most synergies thanks to its competitive advantage in annuities and asset management.
J.P.Morgan keeps AstraZeneca as 'top pick' on growth outlook, undervaluation
AstraZeneca's growth outlook is the best in its sector and was not yet reflected in its share price, analysts at JP Morgan said following a 'deep dive' into the drug maker's financials.
Liberum ups Crest Nicholson to ‘buy’ after share price weakness
Broker Liberum upgraded house builder Crest Nicholson to ‘buy’ from ‘hold’ on Thursday after recent share price weakness.
Broker tips: Moneysupermarket, System1
Analysts at Berenberg upped their rating on price comparison website business Moneysupermarket. com from 'hold' to 'buy' on Wednesday, stating it believes the shares were being valued on "trough earnings at trough multiples".
Canaccord Genuity raises target price on System1
Analysts at Canaccord Genuity raised their target price on media outfit System1 Group from 380. 0p to 430. 0p on Wednesday after dat products made up almost half of the firm's second-quarter revenues.
Berenberg upgrades Moneysupermarket.com to 'buy'
Analysts at Berenberg upped their rating on price comparison website business Moneysupermarket. com from 'hold' to 'buy' on Wednesday, stating it believes the shares were being valued on "trough earnings at trough multiples".
Broker tips: EasyJet, Everyman Media, Pearson
Berenberg upped easyJet to 'buy' from 'hold' on Tuesday and lifted its price target on the stock to 800. 0p from 720. 0p, stating the airline's balance sheet was now fit to comfortably weather a weak winter period, while a potential dilutive equity raise no longer hangs over the shares.
Canaccord Genuity slaps Everyman Media with 'buy' rating following review
Analysts at Canaccord Genuity changed their rating on cinema operator Everyman Media from 'under review' to 'buy' on Tuesday, stating the group had been "shaken but not stirred".
Credit Suisse, Berenberg upgrade Pearson
Credit Suisse upgraded its stance on shares of education publisher Pearson to ‘neutral’ from ‘underperform’ on Tuesday as it cut its price target to 680p from 750p following a share price correction after the first-half results.
Berenberg upgrades easyJet, downgrades IAG
Berenberg changed its ratings on a number of airline stocks on Tuesday, upgrading budget carrier easyJet but downgrading IAG, as it refreshed its bottom-up capacity model for the European airline market.
Broker tips: BT, Drax, GlaxoSmithKline
Analysts at Deutsche Bank lowered their target price on telecommunications giant BT from 140. 0p to 125. 0p on Monday, stating that risks were "inflating not abating".
Credit Suisse reiterates ESG investment strategy
Credit Suisse has reiterated its key investment strategy for environmental, social and governance investors.