Broker Recommendations
Jefferies rates Diageo a 'buy' amid Ciroc sale rumours
Jefferies has reiterated a 'buy' rating for Diageo on the back of speculation that the drinks giant is considering a sale of its Ciroc brand, saying that any potential sale would be accretive to top-line growth.
Canaccord Genuity sees more upside at On The Beach
Canaccord Genuity has hiked its target price for travel company On The Beach by more than a half on the back of higher long-term growth potential.
Jefferies lifts ICG price target
Jefferies lifted its price target on Intermediate Capital Group on Thursday to 2,700p from 2,300p.
Peel Hunt downgrades OSB Group, shares drop
OSB Group tumbled on Wednesday as Peel Hunt downgraded the shares to ‘hold’ from ‘add’ but lifted the price target to 414p from 395p.
Berenberg stays at 'buy' on Dalata Hotels
Analysts at Berenberg reiterated their 'buy' rating and 480. 0p target price on Dalata Hotels on Wednesday, stating the group was "ending the year on a high note".
Jefferies hikes price target on BA and Iberia owner IAG
Jefferies hiked its price target on BA and Iberia owner IAG on Wednesday to 350p from 270p saying it expects the fourth quarter to deliver similar trends to Q3, driving confidence in the short-term macro and travel environment.
Kepler Cheuvreux starts Marks & Spencer at ‘buy’
Kepler Cheuvreux initiated coverage of Marks & Spencer on Tuesday with ‘buy’ rating and 467p price target.
Jefferies lowers target prices on UK staffers following SThree's warning
Jefferies cut its target prices on Hays, Pagegroup and SThree on Tuesday, noting the latter's warning had highlighted further downside to earnings for UK staffers.
Berenberg raises target price on Hollywood Bowl following record FY performance
Analysts at Berenberg slightly raised their target price on bowling centres operator Hollywood Bowl from 420. 0p to 440. 0p on Tuesday following the group's "solid" FY24 earnings and "upbeat" FY25 guidance.
UBS upgrades LSEG to ‘buy’ from ‘neutral’
UBS upgraded its stance on LSEG on Tuesday to ‘buy’ from ‘neutral’ and lifted the price target 17% to 13,500p.
Moonpig sell-off presents a buying opportunity, says Canaccord Genuity
Last week's dramatic share-price plunge at cards and gifts retailer Moonpig represents a good buying opportunity for investors, according to Canaccord Genuity, which reiterated its positive stance on the stock.
Berenberg raises target price on Compass
Analysts at Berenberg raised their target price on food service business Compass Group from 2,460. 0p to 2,900. 0p on Monday, stating the company was in possession of "all the ingredients for sustained growth".
RBC Capital starts Greggs at ‘outperform’, says ‘buy the dip’
RBC Capital Markets recommended that investors "buy the dip" on Friday, as it initiated coverage of bakery chain Greggs with an ‘outperform’ rating and 3,240p price target.
Berenberg lowers target price on Impax Asset Management
Analysts at Berenberg lowered their target price on Impax Asset Management from 560. 0p to 510. 0p on Friday after news broke that the group's mandate to manage St James's Place's sustainable and responsible equity fund was expected to end in February 2025.
Diageo fizzes higher after double upgrade to ‘buy’ at UBS
Diageo fizzed higher on Thursday as UBS upgraded the shares to ‘buy’ from ‘sell and hiked the price target to 2,920p from 2,300p, saying it sees upside risks to the US business.
Berenberg stays upbeat on SThree despite profit warning
Berenberg has slashed its target price for SThree by a quarter after a profit warning from the STEM-focused recruitment group on Thursday, but said it still sees long-term upside for the stock.
RBC names Greencoat, 3i infrastructure as top sector picks
Analysts at RBC reiterated their view that the Infrastructure and Renewables Funds sector appeared to continue to offer "exceptional value".
Berenberg lowers target price on Whitbread
Analysts at Berenberg lowered their target price on Premier Inn-owner Whitbread from 4,000. 0p to 3,900. 0p on Wednesday following the recent UK budget.
IAG flies higher on Deutsche Bank upgrade to ‘buy’
BA and Iberia owner IAG flew higher on Wednesday after Deutsche Bank upgraded the shares to ‘buy’ from ‘hold’ and hiked the price target to 400p from 215p.
Aviva's Direct Line takeover faces 'material' execution risks, says Jefferies
Jefferies has reiterated its 'buy' stance on Aviva after the insurer's £3. 6bn takeover pursuit of Direct Line was agreed by the latter's board, but said that the deal brings major execution risks.