Broker Tips
Berenberg lowers target price on Fevertree
Analysts at Berenberg lowered their target price on drinks maker Fevertree from 2,600. 0p to 2,250. 0p on Friday after the group lowered its full-year underlying earnings guidance.
Credit Suisse downgrades B&M European Value Retail
Credit Suisse downgraded discount retailer B&M European Value Retail to ‘neutral’ from ‘outperform’ on Friday and cut the price target to 600p from 675p, noting that the shares have consistently outperformed UK retail over the past year.
Jefferies upgrades HomeServe as Brookfield mulls offer
Jefferies upgraded HomeServe to ‘hold’ from ‘underperform’ after Canadian property investment group Brookfield Asset Management announced on Thursday that one of its private infrastructure funds was in the early stages of considering a possible offer for the company.
Broker tips: IAG, Wizz Air, Atlantic Lithium, Rightmove
Analysts at Deutsche Bank downgraded British Airways parent International Airlines Group and low-cost carrier Wizz Air from 'buy' to 'hold' on Thursday, stating they were now pricing in "a more turbulent outlook".
Canaccord Genuity raises target price on Atlantic Lithium
Analysts at Canaccord Genuity raised their target price on mining firm Atlantic Lithium from 60. 0p to 70. 0p on Thursday after the group announced a 42% increase in mineral resources at its Ewoyaa project in Ghana.
RBC Capital upgrades Rightmove to 'sector perform'
RBC Capital Markets upgraded Rightmove on Thursday to ‘sector perform’ from ‘underperform’, saying it is now more confident in the company's ability to deliver on market expectations, based on its bottom-up average revenue per advertiser analysis.
Deutsche Bank downgrades IAG and Wizz Air to 'hold'
Analysts at Deutsche Bank downgraded British Airways parent International Airlines Group and low-cost carrier Wizz Air from 'buy' to 'hold' on Thursday, stating they were now pricing in "a more turbulent outlook".
Broker tips: GB Group, Halma
Analysts at Berenberg lowered their target price on software and services firm GB Group on Wednesday but stated the stock still represented "a good buying opportunity".
ShoreCap reiterates 'buy' rating on 'high-quality' Halma
Analysts at Shore Capital Markets took a fresh look at safety equipment manufacturer Halma on Wednesday following the group's positive trading statement earlier in the session.
Credit Suisse sticks to 'small overweight' on European banks, Lloyds as 'top pick'
Equity strategists at Credit Suisse stuck to their small 'overweight' stance on European banks, telling clients that they were preferable over non-bank financial cyclicals.
Berenberg lowers target price on GB Group
Analysts at Berenberg lowered their target price on software and services firm GB Group on Wednesday but stated the stock still represented "a good buying opportunity".
Deutsche Bank keeps BP and Shell at 'buy'
Analysts at Deutsche Bank lowered its target prices for most European oil and gas firms, although Shell and BP fared better.
Broker tips: TP Icap, Safestore
Shore Capital upgraded its stance on TP Icap on Tuesday to 'buy' from 'hold' on Tuesday following the company's results last week.
Stay 'overweight' US Financials as 3-10 year yield curve inverts, BoA says
Analysts at Bank of America recommended clients remained overweight US financials, arguing that many investors were overlooking not just changes in historical trends for the sector but also multiple positives.
ShoreCap upgrades TP Icap, shares jump
Shore Capital upgraded its stance on TP Icap on Tuesday to ‘buy’ from ‘hold’ following the company’s results last week.
Berenberg raises target price on Safestore
Analysts at Berenberg hiked their target price on self-storage facilities operator Safestore from 970. 0p to 1,280. 0p on Tuesday, stating the firm had experienced "a period of supernormal growth" since coming out of initial Covid-19 lockdowns.
Broker tips: Bakkavor, Funding Circle, Beeks Financial Cloud, Hargreaves Lansdown
Analysts at Berenberg lowered their target price on food manufacturer Bakkavor from 145. 0p to 125. 0p on Monday, stating pressures still lingered despite visible improvements.
Jefferies downgrades Hargreaves Lansdown to 'hold'
Jefferies downgraded Hargreaves Lansdown on Monday as it initiated coverage of St James’s Place at ‘buy’.
Canaccord nudges up target price on Beeks Financial Cloud
Analysts at Canaccord Genuity nudged up their target price on software and services firm Beeks Financial Cloud from 210. 0p to 220. 0p on Monday after the group reported interim sales that beat expectations.
Berenberg starts Funding Circle at 'buy', shares surge
Funding Circle surged on Monday after Berenberg initiated coverage of the stock at ‘buy’ as it took a look at specialist lenders.