Broker Tips
BofA-ML sees further upside for risk assets, no escalation in trade war
Strategists see further upside for risk assets over the summer, but in their opinion the dominant underlying cross currents are deflation and "maximum liquidity".
Read full storyBroker tips: Royal Mail, Mitchells & Butlers
Goldman Sachs upgraded Royal Mail to 'buy' on Friday but cut its target price on the group from 360p to 320p due to higher near-term costs.
Read full storyGoldman upgrades Royal Mail to 'buy' following 'clear shift of focus'
Goldman Sachs upgraded shares of Royal Mail to 'buy' on Friday but cut its target price on the group from 360p to 320p due to higher near-term costs.
Read full storyFriday broker round-up
SafeChange International Group: Berenberg downgrades to hold with a target price of 436p.
Read full storyMitchells & Butlers fizzes higher on Liberum upgrade
Shares in pub chain Mitchells & Butlers fizzed higher on Friday as Liberum upgraded the stock to ‘buy’ from ‘hold’ and hiked the price target to 340p from 270p after its half-year results a day earlier.
Read full storyBroker tips: M&S, BT, Pets At Home
Analysts at JP Morgan labelled Marks & Spencer's from the day before "relatively uninspiring", criticising the group's choice of strategy in a challenging market for retailers and reiterating their recommendation to 'underweight' the company's stock.
Read full storyHSBC ups target price on 'market leader' Pets At Home
Analysts ay HSBC upped their target price on pet supplies retailer Pets at Home from 160p to 190p on Thursday after the group's full-year results a day earlier confirmed the successful completion of its turnaround strategy in retail and some good progress in its vet business.
Read full storyDeutsche reduces BT target price over fiber tech threat
Analysts at Deutsche Bank reduced their target price on shares of the UK’s biggest broadband and mobile services provider, BT Group, from 235p to 217p on Thursday due to the short to medium term uncertainty around its financials as it gears up in order to meet its long-term ambitions in the fibre-to-the-home space.
Read full storyJP Morgan reiterates 'underweight' on Marks & Spencer, criticises choice of strategy
Analysts at JP Morgan labelled Marks & Spencer's from the day before "relatively uninspiring", criticising the group's choice of strategy in a challenging market for retailers and reiterating their recommendation to 'underweight' the company's stock.
Read full storyThursday broker round-up
Babcock International: JP Morgan downgrades to neutral with a target price of 557p.
Read full storyBroker tips: Moneysupermarket, IQE, Lloyds
UBS has upgraded its rating on Moneysupermarket Group and boosted earnings forecasts, arguing that the price comparison site is gearing up to enter a “virtuous circle”.
Read full storyUBS ups rating on Moneysupermarket
UBS has upgraded its rating on Moneysupermarket Group and boosted earnings forecasts, arguing that the price comparison site is gearing up to enter a “virtuous circle”.
Read full storyCanaccord reiterates 'buy' rating on IQE following Huawei's US ban
Analysts at Canaccord Genuity reiterated their 'buy' rating on British semiconductor company IQE on Wednesday, noting that their expectations for the group's revenues and earnings remained unchanged despite supply chain tremors caused by last week's US ban on Huawei and Tuesday's profit warning from Lumentum.
Read full storyWednesday broker round-up
Moneysupermarket Group: UBS upgrades to buy with a target price of 415p.
Read full storyBofA-ML reiterates 'underperform' on Lloyds citing competition in UK mortgages
Analysts at Bank of America-Merrill Lynch reiterated their 'underperform' recommendation for shares of Lloyds on Wednesday, pointing to a £2. 0bn revenue headwind for the lender as it tries to manage the trade-off between growing its mortgage volumes and sustaining it net interest margin in the face of increased competition in the space and as expectations for interest rate increases continue to get pushed back.
Read full storyBroker tips: Burberry, Coca-Cola HBC
Bernstein upped its stance on shares of luxury brand Burberry to 'market perform' from 'underperform' on Tuesday, saying it sees a more balanced risk/reward following the drop in the share price last week after its full-year results.
Read full storyCoca-Cola HBC share price reaction 'overdone', says Deutsche Bank
Analysts at Deutsche Bank believe that Monday's drop in bottling company Coca-Cola HBC's shares in reaction to the news that The Coca-Cola Company would keep its majority stake in Coca-Cola Beverages Africa "for the foreseeable future" was overdone.
Read full storyBernstein bumps Burberry up to 'market perform'
Bernstein upped its stance on shares of luxury brand Burberry to 'market perform' from 'underperform' on Tuesday, saying it sees a more balanced risk/reward following the drop in the share price last week after its full-year results.
Read full storyTuesday broker round-up
Hilton Food: Numis downgrades to add with a target price of 1,125p.
Read full storyTesla shares falls to two-and-a-half year low after target price cut
Tesla shares fell Monday after an analyst Wedbush analyst Dan Ives cut the price target on the stock to $230 from $275.
Read full story