Broker Tips
Broker tips: Tullow Oil, IAG, Anglo American
Analysts at RBC Capital Markets lowered their target price on exploration and production firm Tullow Oil from 90. 0p to 80. 0p on Monday following the group's recent trading update.
JP Morgan recommends buying dips in stocks, remains overweight emerging markets vs. developed ones
Equity strategists at JP Morgan reiterated their call that investors should 'buy' into the dips in global stocks, pointing to oversold readings on stocks heightened uncertainty and the 'market internals' to back up their case.
Berenberg upgrades Sabre Insurance to 'hold'
Berenberg has upgraded Sabre Insurance to ‘hold’ after the motor specialist secured a five-year deal with Freeway Insurance Services.
RBC Capital Markets lowers target price on Tullow Oil
Analysts at RBC Capital Markets lowered their target price on exploration and production firm Tullow Oil from 90. 0p to 80. 0p on Monday following the group's recent trading update.
Berenberg raises target price on Anglo American
Analysts at Berenberg raised their target price on mining group Anglo American from 3,300. 0p to 3,500. 0p on Monday, stating its 2022 consensus had scope to "grind higher".
Morgan Stanley resumes coverage of IAG at 'overweight'
Morgan Stanley resumed coverage of British Airways and Iberia parent IAG on Monday, with a €2. 50 price target.
Broker tips: Polymetal, ITV
Analysts at Berenberg slashed their target price on precious metals miner Polymetal from 2,200. 0p to 1,500. 0p on Friday after the firm's full-year production beat was soured by costs that came in above guidance.
Berenberg cuts target price on Polymetal
Analysts at Berenberg slashed their target price on precious metals miner Polymetal from 2,200. 0p to 1,500. 0p on Friday after the firm's full-year production beat was soured by costs that came in above guidance.
Barclays upgrades ITV to 'overweight'
Barclays lifted broadcast ITV to ‘overweight’ from ‘equalweight’ on Friday, increasing the price target to 160p from 140p, giving five reasons for the upgrade.
Broker tips: Tate & Lyle, DotDigital, Fresnillo, Harmony Energy
Barclays resumed its 'overweight' coverage on Tate & Lyle on Thursday with a 930. 0p price target as it pointed to a "new era" with significant total shareholder return potential.
Barclays resumes coverage of Tate & Lyle at 'overweight'
Barclays resumed its ‘overweight’ coverage on Tate & Lyle on Thursday with a 930p price target as it pointed to a "new era" with significant total shareholder return potential.
Canaccord Genuity lowers target price on DotDigital
Analysts at Canaccord Genuity cut their target price on software firm DotDigital from 265. 0p to 205. 0p on Thursday but stated the group still appeared to be on track for profitable double-digit growth.
RBC Capital downgrades Fresnillo, slashes price target
RBC Capital Markets downgraded precious metals miner Fresnillo on Thursday to ‘sector perform’ from ‘outperform’ and slashed the price target to 575p from 1,025p.
Berenberg initiates coverage on Harmony Energy
Analysts at Berenberg initiated coverage on renewable energy business Harmony Energy, stating the firm was its 'preferred pick' in the sector as its longer-duration batteries would likely drive higher returns.
Broker tips: abrdn, easyJet, Intertek, Good Energy
Berenberg downgraded abrdn on Wednesday to 'hold' from 'buy' and cut its price target on the stock to 260. 0p from 285. 0p, stating the shares had disappointed in recent years, underperforming the UK index by 50% since December 2017 and 27% since December 2020.
Berenberg cuts abrdn to ‘hold’, says core growth may remain slow
Berenberg downgraded abrdn on Wednesday to ‘hold’ from ‘buy’ and cut the price target to 260p from 285p.
Stifel upgrades easyJet to 'buy'
Stifel upgraded shares of budget airline easyJet on Wednesday to ‘buy’ from ‘hold’ and lifted the price target to 750p from 600p, saying it expects the company’s targeted growth strategy to make the most of the unfolding pent-up leisure demand this summer.
JP Morgan ups rating on Intertek to 'overweight'
JP Morgan has upped its recommendation on Intertek Group to ‘overweight’, arguing that its current valuation was unjustified relative to its peers.
J.P. Morgan upbeat on BT Group following retail price hike
Analysts at JP Morgan sounded an "optimistic" note on BT Group's recent decision to raise its retail prices by 9%, telling clients that "success" held the potential to support meaningful consensus upgrades.
Canaccord Genuity raises target price on Good Energy
Analysts at Canaccord Genuity raised their target price on renewable energy company Good Energy from 450. 0p to 475. 0p on Wednesday, citing the firm's mostly profitable 2021 performance and its stake in Zap-Map.