Broker Tips
Broker tips: Bytes Technology, Dunelm, Wickes
Bytes Technology won an upgrade from Berenberg on Friday, with the broker lifting its recommendation from 'hold' to 'buy' and raising its target price sharply from 360p to 520p after a stronger‑than‑expected first‑half update and improved guidance.
Deutsche Bank upgrades Wickes to ‘hold’ from ‘sell’
Deutsche Bank upgraded Wickes on Friday to ‘hold’ from ‘sell’ and lifted the price target to 210p from 165p, saying it believes the downside risk to earnings is mitigated by better current trading and a growing pipeline of projects.
Shore Capital stays at 'buy' on Dunelm
Analysts at Shore Capital upgraded their view on Dunelm on Friday, arguing that the sharp share‑price reaction to the retailer's new strategy was overdone despite the scale and cost of the planned investment programme.
Berenberg raises Bytes Technology to 'buy'
Bytes Technology won an upgrade from Berenberg on Friday, with the broker lifting its recommendation from 'hold' to 'buy' and raising its target price sharply from 360p to 520p after a stronger‑than‑expected first‑half update and improved guidance.
Broker tips: SSE, Man Group, Kingfisher
Analysts at Berenberg lifted their target price for energy provider SSE from 2,800p to 2,980p on Thursday, reiterating the stock as their top sector pick and arguing that the market was still failing to reflect the firm's "unprecedented, extended and highly visible" long‑duration growth opportunity.
Deutsche Bank upgrades Kingfisher to 'hold'
Deutsche Bank upgraded B&Q and Castorama owner Kingfisher to ‘hold’ from ‘sell’ on Thursday and lifted the price target to 300p from 260p.
Berenberg raises target price on SSE
Analysts at Berenberg lifted their target price for energy provider SSE from 2,800p to 2,980p on Thursday, reiterating the stock as their top sector pick and arguing that the market was still failing to reflect the firm's "unprecedented, extended and highly visible" long‑duration growth opportunity.
UBS upgrades Man Group to ‘buy’
UBS upgraded Man Group to ‘buy’ from ‘neutral’ on Thursday and lifted the price target to 365p from 335p as it pointed to a solid performance from AHL, the company’s suite of trend-following funds.
Broker tips: Everplay, Kier
Analysts at Berenberg lifted their target price on video games developer Everplay from 370p to 495p, saying a stronger‑than‑expected franchise performance had prompted upgrades across its forecasts.
Deutsche Bank hikes Kier price target
Deutsche Bank hiked its price target on Kier on Wednesday to 330p from 295p after the company said a day earlier that 2027 earnings were set to be at the top end of its expectations, and that it will not be making any more investments in new property developments as it focuses on its core businesses of infrastructure and construction.
Berenberg hikes target price on Everplay
Analysts at Berenberg lifted their target price on video games developer Everplay from 370p to 495p, saying a stronger‑than‑expected franchise performance had prompted upgrades across its forecasts.
Broker tips: GSK, Astrazeneca, Vodafone
Analysts at Berenberg upgraded drugmaker GSK from 'hold' to 'buy' on Tuesday and lifted their target price on the stock from £20 to £22, saying recent business‑development activity and pipeline momentum had strengthened the firm's long‑term growth outlook and left its valuation discount looking excessive.
Citi lifts price target on Vodafone, maintains ‘neutral’ rating
Citi lifted its price target on Vodafone on Tuesday to 127p from 110p as it said scope for positive news was stopping it from taking a more cautious stance.
Deutsche Bank upgrades Astrazeneca to 'hold'
Deutsche Bank upgraded Astrazeneca from 'sell' to 'hold' on Tuesday and nudged its price target up from 11,500p to 11,700p, saying the risk‑reward scenario had shifted following last week's negative SERENA-4 readout and a period of underperformance against European large‑cap peers.
Berenberg upgrades GSK to 'buy', raises target price
Analysts at Berenberg upgraded drugmaker GSK from 'hold' to 'buy' on Tuesday and lifted their target price on the stock from £20 to £22, saying recent business‑development activity and pipeline momentum had strengthened the firm's long‑term growth outlook and left its valuation discount looking excessive.
Broker tips: Antofagasta, Cerillion
Analysts at Berenberg upgraded Antofagasta from 'hold' to 'buy' on Monday, saying last week's sharp pullback in copper prices had created an attractive entry point, while keeping its 4,400p price target unchanged for around 16% upside.
Canaccord Genuity lowers target price on Cerillion
Canaccord Genuity cut its price target on Cerillion from 2,060p to 1,760p on Monday, after the software group warned that second‑half trading would be weaker than expected, leading to revenue and underlying earnings misses against consensus.
Berenberg upgrades Antofagasta to 'buy'
Analysts at Berenberg upgraded Antofagasta from 'hold' to 'buy' on Monday, saying last week's sharp pullback in copper prices had created an attractive entry point, while keeping its 4,400p price target unchanged for around 16% upside.
Broker tips: Diversified industrials, Victrex
Jefferies upgraded Halma, XP Power and Renishaw on Friday as it took a look at diversified industrials.
Citi hikes Victrex price target after guidance upgrade
Citi hiked its price target on Victrex on Friday to 1,000p from 700p as it updated its model following the company’s FY26 pre-close trading update.