Broker Tips
Liberum hikes target price on Tyman following 'very strong' trading update
Analysts at Liberum raised their target price on door and window components manufacturer Tyman from 425. 0p to 530. 0p on Wednesday after last week's "very strong trading update" from the group.
Read full storyBroker tips: Victrex, Vodafone, Deliveroo
Analysts at Berenberg raised their target price on specialty chemicals firm Victrex from 2,100. 0p to 2,500. 0p on Tuesday, highlighting a first-half cyclical rebound and the potential for secular growth.
Read full storyBerenberg raises target price on Victrex
Analysts at Berenberg raised their target price on specialty chemicals firm Victrex from 2,100. 0p to 2,500. 0p on Tuesday, highlighting a first-half cyclical rebound and the potential for secular growth.
Read full storyTuesday broker round-up
Safestore: Liberum upgrades to buy with a target price of 1,060p.
Read full storyGoldman Sachs adds Vodafone to 'Conviction List'
Goldman Sachs added buy-rated Vodafone to its ‘Conviction List’ on Tuesday, with its thesis predicated on the company’s "superior structural growth, compounded by best-in-class digital efficiencies, driving sector-leading free cash flow and returns improvement".
Read full storyJPMorgan starts coverage of Deliveroo at 'neutral'
JPMorgan Cazenove initiated coverage of Deliveroo on Tuesday with a ‘neutral’ rating and 285p price target, saying that while the stock’s valuation is attractive versus peers, the risk/reward is balanced at this level and it prefers overweight-rated Delivery Hero.
Read full storyBroker tips: St Modwen, Midwich, Berkeley
Stifel downgraded its stance on shares of St Modwen to 'hold' from 'buy' on Monday but lifted the price target to 542. 0p from 450. 0p, bringing it in line with the proposed takeover offer received by the company from US private equity firm Blackstone last week.
Read full storyCredit Suisse hails IAG target for operating margins, keeps at 'outperform'
Analysts at Credit Suisse reiterated their 'outperform' recommendation and 228. 0 target price on shares of IAG, hailing management's target of returning to an operating margin of 10-15%.
Read full storyMonday broker round-up
St Modwen: Liberum downgrades to hold with a target price of 542p.
Read full storyBerenberg raises target price on Midwich
Analysts at Berenberg raised their target price on audiovisual distributor Midwich Group from 590. 0p to 620. 0p on Monday, stating the firm's recovery had begun.
Read full storyStifel downgrades St Modwen, lifts price target after takeover offer
Stifel downgraded its stance on shares of St Modwen to ‘hold’ from ‘buy’ on Monday but lifted the price target to 542p from 450p, bringing it in line with the proposed takeover offer received by the company from US private equity firm Blackstone last week.
Read full storyJPMorgan upgrades Berkeley, says concerns are 'overplayed'
JPMorgan Cazenove upgraded Berkeley Group on Monday to ‘overweight’ from ‘neutral’ and lifted the price target to 5,400p from 5,100p as it argued that concerns are "overplayed".
Read full storyBroker tips: RSA Insurance, Hill and Smith, Barratt Developments
Peel Hunt downgraded RSA Insurance on Friday to ‘hold’ from ‘buy’ but lifted the price target to 685p, which is the price it has agreed to be bought at by Intact Financial Corporation and Danish insurer Tryg.
Read full storyPeel Hunt downgrades RSA Insurance as takeover nears completion
Peel Hunt downgraded RSA Insurance on Friday to ‘hold’ from ‘buy’ but lifted the price target to 685p, which is the price it has agreed to be bought at by Intact Financial Corporation and Danish insurer Tryg.
Read full storyJefferies starts Hill & Smith at ‘buy’
Jefferies initiated coverage of Hill & Smith on Friday with a ‘buy’ recommendation and 1,750p price target, saying the company has "all the ingredients to re-rate".
Read full storyFriday broker round-up
Melrose: Numis upgrades to buy with a target price of 205p.
Read full storyCanaccord Genuity nudges up target price on Barratt Developments
Analysts at Canaccord Genuity nudged up their target price on homebuilder Barratt Developments from 825. 0p to 835. 0p on Friday following yesterday's trading update.
Read full storyLiberum downgrades John Laing but lifts target price on KKR talks
Liberum downgraded its recommendation on shares of John Laing to ‘hold’ from ‘buy’ after the infrastructure investor confirmed it was in talks with private equity firm KKR about a possible takeover.
Read full storyCiti starts coverage of Wickes at 'buy'
Citi has initiated coverage on shares of Wickes with a ‘buy’ rating after its demerger from Travis Perkins.
Read full storyBroker tips: Pearson, Flutter Entertainment, ConvaTec
Pearson rallied on Thursday as Exane BNP Paribas upgraded its stance on shares of the education publisher to ‘outperform’ and hiked the price target to 950. 0p from 700. 0p.
Read full story