Broker Tips
Canaccord Genuity lowers target price on Redcentric
Analysts at Canaccord Genuity lowered their target price on IT services firm Redcentric from 185. 0p to 175. 0p on Wednesday, stating input costs had impacted the company's second half.
Read full storyBerenberg lowers Petra Diamonds to 'hold'
Analyst at Berenberg downgraded Petra Diamonds from 'buy' to 'hold' on Wednesday, stating now was the time to take some profit.
Read full storyBroker tips: Softcat, Hummingbird Resources, Hollywood Bowl, Ocado
Analysts at Numis downgraded their recommendation for shares of Softcat from 'add' to 'hold' after the IT infrastructure provider delivered what they termed an in-line set of full-year results.
Read full storyBank of America forecasts negative price returns for S&P 500 over next decade
Equity strategists at Bank of America told clients to focus on dividends and growth given their forecast for slightly negative price returns for the S&P 500 over the coming decade.
Read full storyNumis says pausing for breath on Softcat, downgrafes to 'hold'
Analysts at Numis downgraded their recommendation for shares of Softcat from 'add' to 'hold' after the IT infrastructure provider delivered what they termed an in-line set of full-year results.
Read full storyCanaccord Genuity lowers target price on Hummingbird Resources
Analysts at Canaccord Genuity cut their target price on mining firm Hummingbird Resources from 35. 0p to 25. 0p on Tuesday, stating now was the time for the firm to regain the market's confidence.
Read full storyCredit Suisse reiterates ‘underperform’ on Ocado, cuts price target
Credit Suisse reiterated its ‘underperform’ rating on shares of online supermarket Ocado on Tuesday and cut the price target to 1,500p from 1,550p as it said there was "little room for new optimism".
Read full storyBerenberg says 'buy' Segro, Tritax EBox in sector note
Segro, Tritax EBox, Warehouse REIT and Industrials REIT will be the biggest gainers from rising demand for industrial and logistics real estate, Berenberg said as it launched coverage of the subsector.
Read full storyBerenberg raises target on Hollywood Bowl
Analysts at Berenberg raised their target price on ten pin bowling centre operator Hollywood Bowl from 280. 0p to 300. 0p on Tuesday, stating there was a "strikingly obvious upside" to the stock.
Read full storySelloff in housebuilding sector presents opportunities, says Citi
The recent selloff in the housebuilding sector presents opportunities with significant growth and yield attractions, Citi said in a note on Tuesday.
Read full storyBroker tips: N Brown, Darktrace, EasyJet
Jefferies downgraded its stance on Simply Be and Jacamo owner N Brown on Monday to 'hold' from 'buy' as it said the company's recent first-half results were not as solid as they appeared.
Read full storyJefferies downgrades N Brown, says H1 not as solid as it appeared
Jefferies downgraded its stance on Simply Be and Jacamo owner N Brown on Monday to ‘hold’ from ‘buy’ as it said the company’s recent first-half results were not as solid as they appeared.
Read full storyDarktrace tumbles as Peel Hunt starts coverage at 'sell'
Cybersecurity firm Darktrace tumbled on Monday after Peel Hunt initiated coverage of the stock at ‘sell’ as it took "a more grounded approach" to the valuation.
Read full storyStifel upgrades easyJet to ‘hold’, says dilution now priced in
Stifel upgraded its stance on easyJet to ‘hold’ from ‘sell’ on Monday following the £1. 2bn capital increase and recent trading statement, but cut the price target to 600p from 650p.
Read full storyCiti sticks with 'short gold' as appropriate pain trade over medium-term
Analysts at Citi still think short gold is the appropriate 'pain trade' over the medium-term, despite "tangible" upside risks to their fourth quarter 2021 average spot price forecast of $1,700/oz.
Read full storyBroker tips: Barclays, Unilever
Analysts at Berenberg raised their target price on Barclays from 230. 0p to 245. 0p on Friday, telling clients that the lender's third-quarter numbers had confirmed that it was "well placed" to profit from a recovery among UK and US consumers.
Read full storyUBS stays at sell on Unilever, cites concern about 'deterioration' of market share
Analysts at UBS reiterated their 'sell' recommendation on shares of Unilever, expressing to clients their concern over the "quality" of the company's margins in the back half of the year, which they said implied a "substantial" reduction in its marketing spend.
Read full storyBerenberg raises target on Barclays, says lender set to benefit from recovery in UK and US consumer
Analysts at Berenberg bumped up their target price for shares of Barclays from 230. 0p to 245. 0p, telling clients that the lender's third quarter numbers had confirmed that it was "well placed" to profit from a recovery among UK and US consumers.
Read full storyBroker tips: Rio Tinto, Crest Nicholson, Legal&General, AstraZeneca
Analysts at Berenberg cut their target price on mining giant Rio Tinto from 5,400. 0p to 5,000. 0p on Thursday, stating the firm appeared to be facing some "fairly meaningful headwinds" in the near-to-medium term from a financial standpoint.
Read full storyBerenberg lowers target price on Rio Tinto, sees 'meaningful' financial headwinds
Analysts at Berenberg cut their target price on mining giant Rio Tinto from 5,400. 0p to 5,000. 0p on Thursday, stating the firm appeared to be facing some "fairly meaningful headwinds" in the near-to-medium term from a financial standpoint.
Read full story