Broker Recommendations
Broker tips: National Grid, Intertek, Pan African Resources
Analysts at Jefferies downgraded utility company National Grid from 'buy' to 'hold' on Thursday, stating pressures on regulated returns and rising real yields both presented headwinds for the group.
Broker tips: Diageo, Just Eat Takeaway, Carnival
Deutsche Bank downgraded Diageo on Wednesday to 'sell' from 'hold' and cut its price target on the stock to 3,230. 0p from 4,050. 0p as its analysts argued the stock was "priced for perfection" and "due for deceleration".
Broker tips: Marks Electrical, Severn Trent, Softcat
Analysts at Berenberg initiated coverage on online retailer Marks Electrical Group at 'buy' on Tuesday, stating the group was now "making its mark".
Broker tips: Big Technologies, Ocado, Go-Ahead Group
Analysts at Berenberg initiated coverage on software-as-a-services firm Big Technologies with a 'buy' rating and 320. 0p target price on Monday, branding the group as "the big disrupter".
Broker tips: THG, Liontrust, Rentokil Initial, Cerillion
Citi resumed coverage of e-commerce group THG on Thursday with a 'buy' rating and 220. 0p price target.
Broker tips: NatWest, B&M Value, Anglo Pacific
Jeffries has upgraded its rating on NatWest Group from 'hold' to 'buy' on Wednesday on the back of rising interest rates.
Broker tips: Mediclinic, Spire Healthcare, Asos, Boohoo, AB Foods, Pearson
Analysts at Berenberg initiated coverage on Mediclinic and Spire Healthcare on Tuesday as they took a fresh look at the healthcare sector.
Broker tips: EMIS Group, ITM Power, Paragon Banking
Analysts at Canaccord Genuity downgraded healthcare software provider EMIS Group from 'buy' to 'hold' on Monday after the company became the latest M&A target in the UK mid-market technology sector late last week.
Broker tips: Hargreaves Lansdown, Asos
Analysts at Berenberg lowered their target price on financial services company Hargreaves Lansdown from 1,250. 0p to 925. 0p on Friday, stating there were "few tailwinds to fight near-term headwinds".
Broker tips: DiscoverIE, Virgin Money, Boohoo, Victrex, Synthomer
Analysts at Berenberg lowered their target price on electronic components manufacturer DiscoverIE from 1,150. 0p to 920. 0p on Thursday but stated they still sensed "an opportunity" for investors.
Broker tips: B&M European Value Retail, Wizz Air, Cranswick, Rolls-Royce
Barclays upgraded its stance on shares of B&M European Value Retail on Wednesday to 'overweight' from 'equalweight' as it pointed to an "attractive" valuation even if zero pandemic benefit is retained.
Broker tips: Wizz Air, Close Brothers
Analysts at Berenberg upgraded low-cost carrier Wizz Air from 'hold' to 'buy' on Tuesday, stating the group was "playing the long game".
Broker tips: Sainsbury's, Rolls-Royce
Analysts at Berenberg lowered their target price on supermarket giant J Sainsbury from 285. 0p to 235. 0p on Monday, stating discretionary spending exposure had dampened the outlook for the stock.
Broker tips: Hurricane Energy, Travis Perkins
Analysts at Canaccord Genuity upgraded exploration and production firm Hurricane Energy from 'hold' to 'speculative buy' on Friday, stating the company had "weathered significant storms" that had nearly left it shipwrecked.
Broker tips: Lords Group, Shell, Entain, Flutter Entertainment
Analysts at Berenberg initiated coverage on construction goods distributor Lords Group with a 'buy' rating on Thursday, stating it was a "fast-growing UK builders' merchant".
Broker tips: Chemring, Standard Chartered
Analysts at Berenberg raised their target price on technology products and services group Chemring from 360. 0p to 420. 0p on Wednesday, stating the firm's "strong" first-half performance had highlighted underlying momentum.
Broker tips: Glencore, JD Sports, Miners
Analysts at Citi reiterated their 'buy' recommendation (Target price: 700. 0p) for shares of Glencore despite the fact that consensus longs often go wrong.
Broker tips: AstraZeneca, Enquest, FirstGroup
Analysts at Berenberg reiterated their 'buy' recommendation with a 120. 0p target price for shares of AstraZeneca following the release of the company's clinical trial results for its treatment against metastatic breast cancer.
Broker tips: B&M, Impax Asset Management
Analysts at Berenberg lowered their target price on asset manager Impax from 1,350. 0p to 1,250. 0p on Wednesday as ongoing market volatility had somewhat offset the firm's "strong H1 results".