Broker Tips
Berenberg raises target price on AstraZeneca
Analysts at Berenberg raised their target price on AstraZeneca shares from £100 to £120 on Tuesday, stating the stock was now "hot to trop".
JPMorgan downgrades Rolls-Royce to 'underweight', shares slide
JPMorgan Cazenove downgraded Rolls-Royce on Tuesday to ‘underweight’ from ‘neutral’ and slashed the price target to 75p from 140p, sending shares in the engine maker tumbling.
JP Morgan reiterates 'overweight' on UK equities, sees multiple positives
Strategists at J. P. Morgan reiterated their 'overweight' stance for UK equities, pointing to their "very attractive" valuations, the highest dividend yields from among key regions and low beta to back up their case.
Broker tips: Sainsbury, Pets At Home, WPP
Analysts at Jefferies upgraded supermarket Sainsbury's from 'hold' to 'buy' on Monday after taking a fresh look at general retailers in the UK.
Jefferies upgrades Sainsbury's to 'buy'
Analysts at Jefferies upgraded supermarket Sainsbury's from 'hold' to 'buy' on Monday after taking a fresh look at general retailers in the UK.
Jefferies upgrades Wood Group to 'hold'
Jefferies upgraded Wood Group on Monday to ‘hold’ from ‘underperform’ in the absence of any incremental specific company announcements to change its valuation.
Berenberg lowers target price on Pets at Home
Analysts at Berenberg lowered their target price on Pets At Home from 570. 0p to 510. 0p on Monday despite acknowledging that the group had an "exceptional" 2022 trading year.
Goldman Sachs downgrades WPP to 'neutral'
Goldman Sachs downgraded advertising giant WPP on Monday to ‘neutral’ from ‘buy’ as it took a look at internet and media stocks.
Berenberg upgrades Irn-Bru maker AG Barr to 'buy'
Berenberg upgraded shares of Irn-Bru maker AG Barr on Monday to ‘buy’ from ‘hold’ and hiked the price target to 660p from 580p as it said the company’s transformation was underappreciated.
BofA calls into question Stoxx 600's resilience
Equity strategists at Bank of America called into question European stocks' rally from the selling that ensued after Russia invaded Ukraine.
Goldman downgrades Robinhood Markets, shares tumble
Goldman Sachs downgraded Robinhood Markets on Friday to ‘sell’ from ‘neutral’ and cut the price target to $13 from $15, sending shares of the online trading platform tumbling.
Broker tips: Intertek, Moonpig
HSBC downgraded its recommendation on shares of inspection, product testing and certification group Intertek on Friday, slashing the price target to 5,700. 0p from 6,500. 0p.
Berenberg lowers target price on 'overlooked' Moonpig
Analysts at Berenberg lowered their target price on greeting cards and gifts retailer Moonpig from 390. 0p to 420. 0p on Friday despite saying "another encouraging update" from the firm being overlooked by the market.
HSBC downgrades Intertek to 'hold'
HSBC downgraded its recommendation on shares of inspection, product testing and certification group Intertek on Friday, slashing the price target to 5,700p from 6,500p.
JP Morgan ups AstraZeneca target price on potential for oncology pipeline
Analysts at JP Morgan hiker their target price for shares of AstraZeneca and pointed to the potential for "significant" future upward revisions to analysts' estimates for the profitability of the company's oncology pipeline.
Broker tips: Hurricane Energy, TI Fluid Systems, Polymetal
Analysts at Canaccord Genuity upgraded exploration and production firm Hurricane Energy from 'sell' to 'hold' on Thursday, stating the group appeared to be "pivoting to better times".
Canaccord Genuity upgrades Hurricane to 'hold'
Analysts at Canaccord Genuity upgraded exploration and production firm Hurricane Energy from 'sell' to 'hold' on Thursday, stating the group appeared to be "pivoting to better times".
Time is not on the BoE's side, Berenberg says
Bank has its work cut out for it in trying to bring inflation to heel while not tipping the economy into recession, argue economists at Berenberg.
TI Fluid Systems tumbles after Jefferies downgrade
TI Fluid Systems tumbled on Thursday after Jefferies downgraded the shares to ‘hold’ from ‘buy’ and slashed the price target to 195p from 350p.
Berenberg downgrades Polymetal, upgrades Hochschild
Berenberg downgraded Polymetal on Wednesday to ‘hold’ from ‘buy’, citing heightened uncertainty around the Russian assets and saying it has changed its valuation to be based on the NAV of the Kazakh assets alone.