Broker Tips
Broker tips: Bridgepoint, Pulsar Helium
Analysts at Berenberg lifted their target price on Bridgepoint to 455p from 360p on Friday, citing a fresh round of upgrades following the group's unscheduled trading update on 7 October.
Canaccord Genuity starts Pulsar Helium at 'speculative buy'
Canaccord Genuity initiated coverage of Pulsar Helium with a 'speculative buy' rating and a 150p target price on Friday, noting the group was advancing a major primary helium resource at its Topaz project in Minnesota.
RBC Capital downgrades Lloyds to 'sector perform'
RBC Capital Markets downgraded Lloyds Banking Group on Friday to ‘sector perform’ from ‘outperform’ and cut the price target to 115p from 124p.
Berenberg hikes target price on Bridgepoint
Analysts at Berenberg lifted their target price on Bridgepoint to 455p from 360p on Friday, citing a fresh round of upgrades following the group's unscheduled trading update on 7 October.
Broker tips: Discoverie, Avon Technologies
Analysts at Berenberg lifted their target price for DiscoverIE from 1,050p to 1,100p on Thursday, citing sustained organic momentum, a strengthening order book and earnings running ahead of expectations.
Deutsche Bank hikes target price on Avon Technologies
Deutsche Bank lifted its price target for Avon Technologies from 2,000p to 2,480p, saying last week's strategy event underscored the scale of the group's turnaround and justified higher earnings estimates.
Berenberg lifts target price on Discoverie following H1 update
Analysts at Berenberg lifted their target price for DiscoverIE from 1,050p to 1,100p on Thursday, citing sustained organic momentum, a strengthening order book and earnings running ahead of expectations.
Broker tips: Oxford Instruments, Pennon
Analysts at Berenberg lowered their target price on Oxford Instruments to 2,840p from 3,000p, noting the recent strength in order intake now looks largely priced in.
Berenberg lowers target price on Oxford Instruments
Analysts at Berenberg lowered their target price on Oxford Instruments to 2,840p from 3,000p, noting the recent strength in order intake now looks largely priced in.
Jefferies upgrades Pennon to ‘buy’
Jefferies upgraded Pennon to ‘buy’ from ‘hold’ on Wednesday but cut the price target to 380p from 500p.
Broker tips: Serco, Mears, Victorian Plumbing
Berenberg said Serco and Mears should be the next beneficiaries of renewed interest in the UK outsourcing sector, lifting its target prices on both stocks after the Mitie takeover highlighted what it sees as a clear valuation opportunity.
Canaccord Genuity nudges up target price on Victorian Plumbing
Analysts at Canaccord Genuity lifted their target price on Victorian Plumbing to 135p from 132p on Tuesday and reiterated their 'buy' stance on the back of a stronger‑than‑expected trading update.
Berenberg hikes target prices on Serco and Mears
Berenberg said Serco and Mears should be the next beneficiaries of renewed interest in the UK outsourcing sector, lifting its target prices on both stocks after the Mitie takeover highlighted what it sees as a clear valuation opportunity.
Broker tips: SSP, Cranswick
Berenberg cut its price target on SSP to 225p from 245p on Monday, but reiterated its 'buy' rating on the stock, saying the group delivered resilient fourth‑quarter earnings despite softer free cash flow and a weaker performance in North America.
Berenberg lowers SSP target price to 225p following Q4 figures
Berenberg cut its price target on SSP to 225p from 245p on Monday, but reiterated its 'buy' rating on the stock, saying the group delivered resilient fourth‑quarter earnings despite softer free cash flow and a weaker performance in North America.
Peel Hunt upgrades Cranswick to ‘buy’
Peel Hunt upgraded Cranswick to ‘buy’ from ‘add’ on Monday and hiked the price target to 6,600p from 6,100p, saying it expects first-half volumes to increase by around 6% and pre-tax profit by approximately 8%, helped by customer growth in fresh foods and share gains.
Deutsche Bank downgrades Pennon to 'hold', shares slide
Pennon tumbled on Monday after Deutsche Bank cut its stance on the stock to ‘hold’ from ‘buy’ and slashed the price target to 380p from 550p.
Broker tips: Unite Group, Tesco
Analysts at Berenberg lowered their target price on Unite Group from 668p to 634p on Friday, flagging ongoing pressure from falling asset values despite solid operational performance.
Deutsche Bank hikes Tesco price target after results
Deutsche Bank lifted its price target on Tesco to 550p from 525p on Friday after the supermarket chain upped the lower end of annual guidance and its share buyback programme a day earlier, as it posted a rise in interim profits.
Berenberg lowers target price on Unite Group
Analysts at Berenberg lowered their target price on Unite Group from 668p to 634p on Friday, flagging ongoing pressure from falling asset values despite solid operational performance.