Broker Tips
Broker tips: Berkeley, Marlowe, AJ Bell, Ashtead, Touchstone Exploration
RBC Capital Markets has cut its target price for Berkeley Group and reiterated an 'underperform' rating, saying that while the long-term picture looks intact, it has cut its forecasts for shareholder returns.
Read full storyMorgan Stanley upgrades Weir, Spirax to 'overweight'
Morgan Stanley upgraded Weir Group and Spirax on Monday as it took a look at the European capital goods sector.
Read full storyCanaccord Genuity cuts target price on Touchstone Exploration
Analysts at Canaccord Genuity lowered their target price on oil and gas business Touchstone Exploration from 60. 0p to 90. 0p on Monday but said there was "still plenty of upside" to the stock despite recent changes in production guidance.
Read full storyDeutsche Bank downgrades Ashtead to ‘hold’
Deutsche Bank downgraded its stance on equipment rental firm Ashtead on Monday to ‘hold’ from ‘buy’ as it said the stock was trading close to its 6,500p price target.
Read full storyShore Capital upgrades AJ Bell to ‘buy’ after share price weakness
Shore Capital upgraded AJ Bell on Monday to ‘buy’ from ‘hold’ following share price weakness.
Read full storyBerenberg cuts target price on Marlowe
Analysts at Berenberg slashed their target price on business-critical services and software firm Marlowe from 710. 0p to 400. 0p on Monday following the group's interim results on 5 December.
Read full storyRBC cuts target price for Berkeley, but hails long-term strategy
RBC Capital Markets has cut its target price for Berkeley Group and reiterated an 'underperform' rating, saying that while the long-term picture looks intact, it has cut its forecasts for shareholder returns.
Read full storyJefferies cuts United Utilities and Severn Trent to 'hold'
Jefferies has downgraded both United Utilities and Severn Trent from 'buy' to 'hold' ahead of this month's Ofwat final regulatory proposals, saying that the risk-reward looks more balanced at current valuations.
Read full storyBroker tips: Admiral, Diageo, Halma
Admiral shot higher on Thursday as Deutsche Bank upgraded the stock to 'buy' from 'hold' and lifted the price target to 3,020. 0p from 3,000. 0p saying it was becoming more positive on the wider UK motor insurance space, particularly for those that are larger players such as Admiral, and those that are more disciplined.
Read full storyDeutsche Bank upgrades Admiral, Aviva to 'buy'
Admiral shot higher on Thursday as Deutsche Bank upgraded the stock to ‘buy’ from ‘hold’ and lifted the price target to 3,020p from 3,000p saying it was becoming more positive on the wider UK motor insurance space, particularly for those that are larger players such as Admiral, and those that are more disciplined.
Read full storyJefferies upgrades Diageo to 'buy'
Jefferies upgraded Diageo to ‘buy’ from ‘hold’ on Thursday and lifted the price target to 2,800p from 2,300p.
Read full storyBerenberg hikes target price on Halma
Analysts at Berenberg hiked their target price on safety equipment business Halma from 2,450. 0p to 2,700. 0p on Thursday as it acknowledged the group's sustainable growth model was in action.
Read full storyJPMorgan upgrades Bellway and Crest Nicholson, downgrades Taylor Wimpey
JPMorgan Cazenove upgraded Bellway and Crest Nicholson on Thursday but downgraded Taylor Wimpey as it took a look at UK housebuilders.
Read full storyBroker tips: IAG, Greatland Gold
BA and Iberia owner IAG flew higher on Wednesday as JPMorgan Cazenove said it was the "most compelling" overweight in the airline sector and added the stock to its Analyst Focus List and put it on "positive catalyst watch".
Read full storyCanaccord Genuity nudges up target price on Greatland Gold
Analysts at Canaccord Genuity raised their target price on development and exploration firm Greatland Gold from 15. 0p to 17. 0p on Wednesday and reiterated their 'speculative buy' rating on the stock after the group completed its acquisition of the 70% of the Havieron project that it did not already own, in addition to the Telfer mine from Newmont.
Read full storyBA owner IAG 'most compelling' overweight in airline sector, says JPM
BA and Iberia owner IAG flew higher on Wednesday as JPMorgan Cazenove said it was the "most compelling" overweight in the airline sector and added the stock to its Analyst Focus List and put it on "positive catalyst watch".
Read full storyBroker tips: Ashtead, DiscoverIE, Direct Line Insurance
RBC Capital Markets upgraded equipment rental firm Ashtead on Tuesday to 'outperform' from 'sector perform' and hiked its price target on the stock to 7,450. 0p from 5,200. 0p.
Read full storyRBC Capital upgrades Ashtead to ‘outperform’, hikes price target
RBC Capital Markets upgraded equipment rental firm Ashtead on Tuesday to ‘outperform’ from ‘sector perform’ and hiked the price target to 7,450p from 5,200p.
Read full storyShoreCap upgrades rating for Discoverie but sees better value elsewhere
Shares in DiscoverIE jumped on Tuesday after interim results from the electrical components group impressed, with the stock given an additional boost from Shore Capital which lifted its recommendation from 'sell' to 'hold'.
Read full storyBerenberg raises target price on Direct Line following Aviva takeover bid
Analysts at Berenberg raised their target price on Direct Line Insurance from 215. 0p to 270. 0p on Tuesday following Aviva's non-binding 250. 0p per share offer for the group.
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