Broker Tips
Broker tips: Vesuvius, International Airlines Group
Analysts at Berenberg lowered their target price on engineered ceramics company Vesuvius from 600. 0p to 480. 0p on Tuesday, highlighting that the firm was "undoubtedly a cyclical business" given its exposure to the steel and foundry markets.
Deutsche Bank stays at 'hold' on IAG following inaugural ESG day
Analysts at Deutsche Bank took a fresh look at British Airways parent company International Airlines Group on Tuesday after the company's inaugural ESG day gave "a very credible boost" to net-zero plans.
Berenberg lowers target price on Vesuvius
Analysts at Berenberg lowered their target price on engineered ceramics company Vesuvius from 600. 0p to 480. 0p on Tuesday, highlighting that the firm was "undoubtedly a cyclical business" given its exposure to the steel and foundry markets.
JP Morgan upbeat on outlook for oil field services and exploration outfits
Analysts at JP Morgan sounded an upbeat note for European Union oil field services as well as oil and exploration names.
Broker tips: Fevertree, Burberry
Analysts at Berenberg lowered their target price on drinks maker Fevertree from 2,250. 0p to 2,000. 0p on Monday as it continued to assess downtrading risks.
Deutsche Bank lowers target price on Burberry
Analysts at Deutsche Bank lowered their target price on fashion house Burberry from 2,280. 0p to 1,950. 0p on Monday but said the group appeared to be doing a good job of "navigating uncertain waters".
Berenberg lowers target price on Fevertree, stays at 'buy'
Analysts at Berenberg lowered their target price on drinks maker Fevertree from 2,250. 0p to 2,000. 0p on Monday as it continued to assess downtrading risks.
Kainos FY revenues surge amid 'robust' underlying market conditions
IT provider Kainos reported growth in both revenues and adjusted pre-tax profits on Monday amid "robust" underlying market demand and high levels of customer engagement throughout the 12 months ended 31 March.
Broker tips: Royal Mail, Marshalls, EasyJet
Analysts at Berenberg lowered their target price on courier Royal Mail from 650. 0p to 575. 0p on Friday, stating there was "no reprieve" for the stock just yet.
Berenberg lowers target price on Royal Mail
Analysts at Berenberg lowered their target price on courier Royal Mail from 650. 0p to 575. 0p on Friday, stating there was "no reprieve" for the stock just yet.
EasyJet flies higher as BofA Merrill Lynch reiterates 'buy' rating
EasyJet rallied on Friday after Bank of America Merrill Lynch reiterated its ‘buy’ rating on shares of the budget airline.
Deutsche Bank downgrades Marshalls to 'hold'
Analysts at Deutsche Bank downgraded their rating on hard landscaping products manufacturer Marshalls from 'buy' to 'hold' on Friday, stating the group's future was "paved with greater uncertainty".
ShoreCap stays at 'buy' for most UK banking groups, prefers Barclays and Virgin Money UK
Analysts at ShoreCap reiterated their 'buy' recommendation for shares of the majority of the UK's main banking groups - with the exception of HSBC.
Wedbush slashes Tesla price target on China headwinds
Wedbush slashed its price target on Tesla on Thursday to $1000 from $1400 as it argued that China headwinds are hard to ignore.
Broker tips: Auto Trader, Future
Analysts at Deutsche Bank lowered their target price on automotive classified advertising business Auto Trader from 800. 0p to 720. 0p on Thursday ahead of the group's full-year results on 26 May.
Berenberg slashes target price on 'mispriced' Future
Analysts at Berenberg slashed their target price on media company Future from 5,225. 0p to 3,600. 0p on Thursday, stating it was currently "a mispriced share".
Deutsche Bank lowers target price on Auto Trader
Analysts at Deutsche Bank lowered their target price on automotive classified advertising business Auto Trader from 800. 0p to 720. 0p on Thursday ahead of the group's full-year results on 26 May.
Broker tips: WH Smith, Convatec, Reckitt
JPMorgan Cazenove upgraded WHSmith on Wednesday to 'overweight' from 'neutral' and hiked the price target to 1,900. 0p from 1,760. 0p, saying it sees both an inflection point for the business and consistent momentum in the recovery data.
RBC Capital Markets upgrades Convatec to 'sector perform'
Analysts at RBC Capital Markets upgraded medical products and technologies company Convatec from 'underperform' to 'sector perform' on Wednesday, stating further earnings downgrades appeared to be already priced in.
RBC Capital upgrades Reckitt to 'outperform'
RBC Capital Markets upgraded Reckitt Benckiser on Wednesday to ‘outperform’ from ‘sector perform’ and lifted the price target to 7,000p from 5,900p.