Broker Recommendations
Broker tips: BHP, Vodafone
Analysts at Deutsche Bank lowered their target price on mining giant BHP from 2,400. 0p to 2,250. 0p on Tuesday following the group's recent petroleum exit.
Broker tips: DCC, Johnson Matthey, RWS Holdings
RBC Capital Markets downgraded sales, marketing, and support services group DCC on Monday to 'sector perform' from 'outperform' and slashed its price target on the stock to 5,800. 0p from 7,500. 0p.
Broker tips: DWF Group, Countryside
Analysts at Berenberg initiated coverage on legal and professional services firm DWF Group at 'buy' on Friday, stating the company was "undervalued and largely misunderstood" by public markets.
Berenberg initiates coverage on DWF Group at 'buy'
Analysts at Berenberg initiated coverage on legal and professional services firm DWF Group at 'buy' on Friday, stating the company was "undervalued and largely misunderstood" by public markets.
Broker tips: Bodycote, Pets At Home
Analysts at Berenberg lowered their target price on metal heat treating company Bodycote from 1,030. 0p to 780. 0p on Thursday, stating the group's current trading performance was "a mixed bag".
Broker tips: Compass Group, Avon Protection, Darktrace
Analysts at RBC Capital Markets raised their target price on foodservice company Compass Group from 1,340. 0p to 1,500. 0p on Wednesday following the group's "strong" first-half results earlier in the month.
Broker tips: Vesuvius, International Airlines Group
Analysts at Berenberg lowered their target price on engineered ceramics company Vesuvius from 600. 0p to 480. 0p on Tuesday, highlighting that the firm was "undoubtedly a cyclical business" given its exposure to the steel and foundry markets.
Broker tips: Fevertree, Burberry
Analysts at Berenberg lowered their target price on drinks maker Fevertree from 2,250. 0p to 2,000. 0p on Monday as it continued to assess downtrading risks.
Broker tips: Royal Mail, Marshalls, EasyJet
Analysts at Berenberg lowered their target price on courier Royal Mail from 650. 0p to 575. 0p on Friday, stating there was "no reprieve" for the stock just yet.
Broker tips: Auto Trader, Future
Analysts at Deutsche Bank lowered their target price on automotive classified advertising business Auto Trader from 800. 0p to 720. 0p on Thursday ahead of the group's full-year results on 26 May.
Broker tips: WH Smith, Convatec, Reckitt
JPMorgan Cazenove upgraded WHSmith on Wednesday to 'overweight' from 'neutral' and hiked the price target to 1,900. 0p from 1,760. 0p, saying it sees both an inflection point for the business and consistent momentum in the recovery data.
Broker tips: Homeserve, Next, Diploma
Analysts at Berenberg lowered their target price on home repairs and improvements business Homeserve from 1,260. 0p to 1,205. 0p on Tuesday, stating a bid from Brookfield Asset Management's infrastructure fund appeared to be approaching.
Broker tips: Kainos, Boohoo, Centrica
Analysts at Berenberg downgraded software outfit Kainos from 'buy' to 'hold' on Monday, stating the firm was now "stuck in an awkward spot".
Broker tips: Coca-Cola HBC, Drax Group, Aveva
Jefferies upgraded Coca-Cola HBC to 'buy' from 'hold' on Friday and lifted its price target on the stock to 2,000. 0p from 1,800. 0p as it said although there was still no visibility on the endgame for the Russia/Ukraine conflict, it has more confidence in the underlying earnings prospects of the business.
Broker tips: SSE, Capital & Counties, HomeServe
Analysts at Berenberg upgraded energy firm SSE from 'hold' to 'buy' on Thursday, stating they now see "a buying opportunity".
Broker tips: Avast, Ashtead
Analysts at Berenberg lowered their target price on software firm Avast from 680. 0p to 550. 0p on Wednesday but said they still think the group's fundamentals "remain sound".
Broker tips: Abcam, Direct Line, IWG
Analysts at RBC Capital Markets lowered their target price on protein research tools producer Abcam from 1,950. 0p to 1,700. 0p on Tuesday in order to better reflect share price movements at competitors.
Broker tips: Mondi, Rathbone Brothers, Beazley
Credit Suisse cuts its price target on Mondi shares to 1,940. 0p from 2,150. 0p to reflect the paper and packaging group's decision to divest its high-margin Russian operations.
Broker tips: Barratt Developments, Trainline, Boohoo
Analysts at Berenberg slightly lowered their target price on construction firm Barratt Developments from 810. 0p to 790. 0p but said it saw "no signs of a slowdown".
Broker tips: BP, Hunting
Analysts at Berenberg raised their target price on oil and gas major BP from 450. 0p to 500. 0p on Thursday following a "strong" first-quarter performance and an even better outlook for Q2.