Broker Tips
Broker tips: Capricorn Energy, RA International
Analysts at Berenberg raised their target price on exploration and development company Capricorn Energy from 225. 0p to 250. 0p on Friday after the group announced a proposed merger with NewMed Energy.
Read full storyCanaccord Genuity reiterates 'buy' rating on RA International
Analysts at Canaccord Genuity reiterated their 'buy' rating on RA International shares on Friday, citing both growth and de-risking efforts.
Read full storyBerenberg slightly raises target price on Capricorn Energy
Analysts at Berenberg raised their target price on exploration and development company Capricorn Energy from 225. 0p to 250. 0p on Friday after the group announced a proposed merger with NewMed Energy.
Read full storyCredit Suisse halves target price for Boohoo, cites significant damage to business model
Analysts at Credit Suisse slashed their target price for shares of Boohoo Group on the back of the deterioration seen in the online fashion group's sales over the first half.
Read full storyCanaccord nearly doubles target for Avation, sees strong demand for aircraft leasing
Analysts at Canaccord Genuity stood by their 'buy' recommendation for shares of Avation, alongside a steep hike in their target price, telling clients that the 2023 financial year would see the company build on the prior year's progress.
Read full storyBroker tips: Close Brothers, Kooth
Analysts at Berenberg lowered their target price on financial services firm Close Brothers from 1,250. 0p to 1,200. 0p on Wednesday after the group's results underperformed UK banking rivals by roughly 8%.
Read full storyCanaccord Genuity downgrades Kooth to 'speculative buy'
Analysts at Canaccord Genuity downgraded digital mental health and wellbeing company Kooth from 'buy' to 'speculative buy' on Wednesday and slashed their target price on the stock from 380. 0p to 240. 0p, citing "lots of moving parts" in its investment case.
Read full storyBerenberg lowers target price on Close Brothers
Analysts at Berenberg lowered their target price on financial services firm Close Brothers from 1,250. 0p to 1,200. 0p on Wednesday after the group's results underperformed UK banking rivals by roughly 8%.
Read full storyBroker tips: Johnson Matthey, Intertek
Analysts at Berenberg lowered their target price on chemicals company Johnson Matthey from 2,550. 0p to 2,200. 0p on Tuesday, citing higher discount rates and the wider de-rating of equity markets since its last update in May.
Read full storyCiti upgrades Intertek to 'buy'
Analysts at Citi upgraded their rating on testing laboratories company Intertek to 'buy' on Tuesday, citing further conviction in the firm's resources margin outlook.
Read full storyBerenberg lowers target price on Johnson Matthey
Analysts at Berenberg lowered their target price on chemicals company Johnson Matthey from 2,550. 0p to 2,200. 0p on Tuesday, citing higher discount rates and the wider de-rating of equity markets since its last update in May.
Read full storyBroker tips: Unilever, Virgin Money, Playtech
Analysts at Berenberg upgraded their rating on consumer goods giant Unilever from 'hold' to 'buy' on Monday, stating the group was "repositioned for faster growth".
Read full storyVirgin Money will struggle to re-rate, says Berenberg
Virgin Money tumbled on Monday as Berenberg re-established coverage of the shares at ‘hold’ from ‘under review’, saying the bank will struggle to re-rate given potential revenue headwinds and a sector-lagging return on tangible equity.
Read full storyDeutsche Bank nudges up price target on Playtech
Analysts at Deutsche Bank slightly raised their target price on software firm Playtech from 602. 0p to 607. 0p on Monday after the group delivered a "strong" first-half performance and a "positive assessment" of short and medium-term prospects.
Read full storyBerenberg upgrades Unilever to 'buy'
Analysts at Berenberg upgraded their rating on consumer goods giant Unilever from 'hold' to 'buy' on Monday, stating the group was "repositioned for faster growth".
Read full storyBroker tips: Prudential, MJ Gleeson
Analysts at JP Morgan raised their target price from insurance firm Prudential from £13. 80 per share to £14. 50 on Friday to reflect foreign exchange movements and a roll-forward of its valuation.
Read full storyJP Morgan raises target price on Prudential
Analysts at JP Morgan raised their target price from insurance firm Prudential from £13. 80 per share to £14. 50 on Friday to reflect foreign exchange movements and a roll-forward of its valuation.
Read full storyBerenberg raises target price on MJ Gleeson
Analysts at Berenberg raised their target price on construction firm MJ Gleeson from 680. 0p to 710. 0p on Friday, stating the group was "well positioned" for the new trading year following its 2022 full-year results.
Read full storyBroker tips: Aveva, Wood, Vodafone
Analysts at Berenberg downgraded software firm Aveva from 'buy' to 'hold' on Thursday as it noted Schneider's bid for the company will likely be accepted.
Read full storyCanaccord Genuity lowers target price on John Wood Group
Analysts at Berenberg lowered their target price on engineering and consulting firm Wood from 300. 0p to 275. 0p on Thursday after its environment and infrastructure business was acquired by WSP.
Read full story