Broker Recommendations
Broker tips: Standard Chartered, Darktrace
Analysts at Berenberg hiked their target price on financial services company Standard Chartered from 640. 0p to 750. 0p on Friday, citing a "moment of clarity" on growth and returns.
Broker tips: WPP, Standard Chartered
Analysts at Berenberg hiked their target price on media group WPP from 1,185. 0p to 1,230. 0p on Thursday after the company raised guidance despite apparent headwinds.
Broker tips: System1, Compass Group, Anglo Pacific
Analysts at Canaccord Genuity upgraded their position on market research company System1 from 'hold' to 'buy' on Wednesday, citing "predicting profitable growth".
Broker tips: AJ Bell, Corero Network Security
Analysts at Berenberg slashed their target price on online investment platform operator AJ Bell from 400. 0p to 300. 0p on Tuesday, citing a negative mark-to-market.
Broker tips: National Express, Pantheon Resources
Analysts at Berenberg lowered their target price on coach operator National Express from 340. 0p to 300. 0p on Monday after adjusting numbers on the stock now that the dust has settled on the potential acquisition of Stagecoach and the subsequent counterbid from DWS.
Broker tips: Anglo American, Berkeley Group
Analysts at Berenberg lowered their target price on mining giant Anglo American from 4,300. 0p to 4,000. 0p on Friday, but said it continues to take "a constructive view" of the stock despite a "hard Q1".
Broker tips: Rio Tinto, Volex
Analysts at Berenberg downgraded mining giant Rio Tinto from 'buy' to 'hold' on Thursday, stating steel demand headlines had tempered sentiment.
Broker tips: Wizz Air, Prudential
Analysts at Berenberg slashed their target price on low-cost carrier Wizz Air from 4,400. 0p to 3,500. 0p on Wednesday, stating it was sitting on its hands despite a recent pullback in share price.
Broker tips: ITV, Kainos
Analysts at Berenberg downgraded broadcaster ITV from 'hold' to 'sell' on Tuesday, stating it now thinks consensus estimates are too high, particularly in respect of 2023.
Broker tips: Asos, Bunzl
Analysts at Deutsche Bank slashed their target price on clothing retailer Asos from 3,850. 0p to 2,900. 0p on Thursday, stating there were "a number of challenges" facing the stock's investment case.
Broker tips: Dr Martens, Hammerson, ITM Power
Analysts at Barclays cut their target price on iconic bootmaker Dr Martens from 480. 0p to 360. 0p on Wednesday but said it still sees as much as 50% upside to the stock's current price.
Broker tips: AstraZeneca, Rolls Royce
Analysts at Berenberg raised their target price on AstraZeneca shares from £100 to £120 on Tuesday, stating the stock was now "hot to trop".
Broker tips: Sainsbury, Pets At Home, WPP
Analysts at Jefferies upgraded supermarket Sainsbury's from 'hold' to 'buy' on Monday after taking a fresh look at general retailers in the UK.
Broker tips: Intertek, Moonpig
HSBC downgraded its recommendation on shares of inspection, product testing and certification group Intertek on Friday, slashing the price target to 5,700. 0p from 6,500. 0p.
Broker tips: Hurricane Energy, TI Fluid Systems, Polymetal
Analysts at Canaccord Genuity upgraded exploration and production firm Hurricane Energy from 'sell' to 'hold' on Thursday, stating the group appeared to be "pivoting to better times".
Broker tips: Crest Nicholson, AstraZeneca
Analysts at Berenberg reiterated their 'buy' rating on Crest Nicholson on Wednesday after the group became the first listed housebuilder to sign up to the government's Building Safety Programme.
Broker tips: Vodafone, Moneysupermarket, Darktrace
Berenberg downgraded Vodafone to 'hold' from 'buy' on Tuesday and trimmed its price target on the stock to 145. 0p from 150. 0p as it said there were simpler investments cases in the sector that were less reliant on M&A execution and offered more upside.
Broker tips: Kingfisher, Fuller, Smith & Turner, Aviva
Deutsche Bank upgraded B&Q owner Kingfisher on Monday to 'buy' from 'hold', highlighting, among other things, a cheap valuation.
Broker tips: Bridgepoint, Kooth, Close Brothers
Citi upgraded its stance on private equity firm Bridgepoint on Friday to 'buy' from 'neutral' as it said the share price fall was overdone.