Broker Recommendations
Broker tips: IAG, Dalata Hotels, OSB
Jefferies hiked its price target on BA and Iberia owner IAG on Wednesday to 350. 0p from 270. 0p saying it expects Q4 to deliver similar trends to Q3, driving confidence in the short-term macro and travel environment.
Broker tips: SThree, M&S, Hollywood Bowl
Jefferies cut its target price on SThree on Tuesday after the group's warning highlighted further downside to earnings for UK staffers.
Broker tips: Compass, Moonpig
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".
Broker tips: Greggs, Impax Asset Management
RBC Capital Markets recommended that investors "buy the dip" on Friday as it initiated coverage of bakery chain Greggs with an 'outperform' rating and 3,240. 0p price target.
Broker tips: Diageo, SThree
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.
Broker tips: Reckitt Benckiser, Aviva, IAG, Whitbread
HSBC upgraded Reckitt Benckiser on Wednesday to 'buy' from 'hold' and lifted its price target on the stock to 5,500. 0p from 4,800. 0p as it assessed the outlook for consumer staples in 2025.
Broker tips: British Land, BAE Systems, Hikma, Unite, Londonmetric
Goldman Sachs upgraded its stance on British Land on Tuesday to 'buy' from 'neutral', citing a stronger growth outlook, as it took a look at European real estate stocks.
Broker tips: Berkeley, Marlowe, AJ Bell, Ashtead, Touchstone Exploration
RBC Capital Markets has cut its target price for Berkeley Group and reiterated an 'underperform' rating, saying that while the long-term picture looks intact, it has cut its forecasts for shareholder returns.
Broker tips: Admiral, Diageo, Halma
Admiral shot higher on Thursday as Deutsche Bank upgraded the stock to 'buy' from 'hold' and lifted the price target to 3,020. 0p from 3,000. 0p saying it was becoming more positive on the wider UK motor insurance space, particularly for those that are larger players such as Admiral, and those that are more disciplined.
Broker tips: IAG, Greatland Gold
BA and Iberia owner IAG flew higher on Wednesday as JPMorgan Cazenove said it was the "most compelling" overweight in the airline sector and added the stock to its Analyst Focus List and put it on "positive catalyst watch".
Broker tips: Ashtead, DiscoverIE, Direct Line Insurance
RBC Capital Markets upgraded equipment rental firm Ashtead on Tuesday to 'outperform' from 'sector perform' and hiked its price target on the stock to 7,450. 0p from 5,200. 0p.
Broker tips: BAE Systems, PensionBee, GSK
Citi reiterated its 'buy' recommendation on BAE Systems on Monday after the shares slumped on Friday.
Broker tips: JD Sports, Currys, Dunelm, Johnson Matthey, Warpaint
Berenberg has said it has a positive stance UK consumer stocks heading into 2025 due to depressed valuations and improving macro trends, naming JD Sports, Curry's and Dunelm among the best picks in the sector.
Broker tips: Tesco, Sainsbury's, Cranswick, Weir, Easyjet, JD Sports
JPMorgan Cazenove double upgraded Sainsbury's and Tesco on Thursday as it took a look at the outlook for European food retail.
Broker tips: Next, Melrose Industries, Halfords
RBC Capital Markets has upgraded its rating for high street retailer Next from 'sector perform' to 'outperform', saying that the company should beat market current market expectations for revenue.
Broker tips: JD Sports, Avacta, Liontrust Asset Management, Auction Technology Group
Shares in JD Sports Fashion tumbled on Thursday after a profit warning from the sportswear retailer, but it wasn't enough to change Shore Capital's 'buy' rating on the stock, with the broker citing an undemanding valuation.
Broker tips: Petershill Partners, Informa
Berenberg raised its target price on investment company Petershill Partners from 235. 0p to 270. 0p on Wednesday following the group's Q3 results a day earlier.
Broker tips: DCC, Judges Scientific, Sainsburys, Tesco
Jefferies hiked its price target on buy-rated DCC to 7,950. 0p from 7,600. 0p on Tuesday after the sales, marketing and support services group announced last week that it was planning to simplify its operations and focus on the energy sector.
Broker tips: XPS Pensions, John Wood Group
RBC Capital Markets lifted its price target on XPS Pensions on Monday to 395. 0p from 355. 0p ahead of first-half results.
Broker tips: Flutter Entertainment, Premier Foods
Premier Foods' share price rally has further to run, according to RBC Capital Markets, which reiterated an 'outperform' rating on the stock on Friday and hiked its target price following the manufacturer's interim results this week.