Broker Tips
Broker tips: Hargreaves Lansdown, Sage, Kape Technologies
RBC Capital Markets downgraded Hargreaves Lansdown to 'sector perform' from 'outperform' on Thursday and slashed its price target on the stock to 1,050. 0p from 1,650. 0p as it said near-term uncertainty "thwarts underlying value".
Canaccord raised target for Sage on 'pretty good' visibility
Analysts at Canaccord Genuity revised their target price for shares of accounting software designer Sage after the company guided towards an acceleration in recurring revenues to over 9% for the current year.
Berenberg lowers target price on Kape Technologies
Analysts at Berenberg lowered their target price on cybersecurity firm Kape Technologies from 410. 0p to 270. 0p on Thursday, stating it still had concerns about the stock.
RBC Capital downgrades Hargreaves Lansdown to ‘sector perform’
RBC Capital Markets downgraded Hargreaves Lansdown on Thursday to ‘sector perform’ from ‘outperform’ and slashed the price target to 1,050p from 1,650p, as it said near-term uncertainty "thwarts underlying value".
Broker tips: Future, DotDigital, Kainos, Card Factory
JPMorgan Cazenove initiated coverage of media group Future on Wednesday with an 'overweight' rating and 2,500. 0p price target, referring to the company as a "media powerhouse".
Liberum raises target price on Card Factory
Analysts at Liberum raised their target price on greeting cards retailer Card Factory from 110. 0p to 135. 0p on Wednesday, stating the start of an upgrade cycle had set the group apart as "a top pick".
AstraZeneca continues to be Citi's preferred US pharma major
Analysts at Citi said that AstraZeneca was their preferred global US pharma major, as had been the case since 2014.
Berenberg lifts Kainos to ‘buy’ after ‘strong’ results
Berenberg upgraded software firm Kainos on Wednesday to ‘buy’ from ‘hold’ and hiked the price target to 1,700p from 1,200p following the company’s "strong" first-half results.
Canaccord Genuity lowers target price on DotDigital
Analysts at Canaccord Genuity lowered their target price on software firm DotDigital from 170. 0p to 140. 0p on Wednesday following the group's 2022 full-year results.
JPMorgan starts coverage of Future at 'overweight'
JPMorgan Cazenove initiated coverage of media group Future on Wednesday with an ‘overweight’ rating and 2,500p price target, referring to the company as a "media powerhouse".
Broker tips: Drax, Hikma Pharmaceuticals, Aston Martin Lagonda
Analysts at RBC Capital Markets lowered their target price on power generation business Drax from 1,175. 0p to 950. 0p on Tuesday but said recent weakness in the group's share price was "misplaced".
RBC Capital Markets lowers target price on Drax, reiterates 'outperform' rating
Analysts at RBC Capital Markets lowered their target price on power generation business Drax from 1,175. 0p to 950. 0p on Tuesday but said recent weakness in the group's share price was "misplaced".
Credit Suisse initiates coverage of Hikma at 'outperform'
Credit Suisse has initiated coverage of Hikma Pharmaceuticals with an ‘outperform’ rating.
BofA says fund manager positioning 'manna from heaven' for Q4 trading bulls
Global fund managers continued to be "uber-bearish" in November with a hefty majority anticipating a global recession, the results of Bank of America's fund manager survey revealed.
Jefferies downgrades Aston Martin, says recapitalisation risks remain
Aston Martin was under the cosh on Tuesday after Jefferies downgraded the shares to ‘underperform’ from ‘hold’ and slashed the price target to 120p from 530p as it said that recapitalisation risks remain after the rights issue.
Broker tips: Redrow, Close Brothers, Kainos, Informa
Citi downgraded Redrow on Monday to ‘neutral’ from ‘buy’ as it said the risk/reward now looks more balanced at the current valuation.
Shore Capital upgrades Informa to 'buy'
Analysts at Shore Capital Markets upgraded publishing firm Informa from 'hold' to 'buy' on Monday following the group's "strong" trading update.
Canaccord Genuity raises target price on Kainos
Analysts at Canaccord Genuity raised their target price on software firm Kainos from 1,350. 0p to 1,525. 0p on Monday, stating the group was "not slowing down".
Investec cuts Close Brothers to 'sell'
Investec cut its rating on Close Brothers Group to ‘sell’ on Monday, after a spike in the merchant bank’s share price.
Citi downgrades Redrow, says risk/reward more balanced
Citi downgraded Redrow on Monday to ‘neutral’ from ‘buy’ as it said the risk/reward now looks more balanced at the current valuation.