Broker Recommendations
Broker tips: Wizz Air, Kainos Group, AstraZeneca
Analysts at Berenberg lowered their target price on low-cost carrier Wizz Air from 3,300. 0p to 3,200. 0p on Friday, stating recent capacity rationalisation was aiding unit revenues for the summer.
Broker tips: JD Wetherspoon, Mycelx Technologies, Lloyds
Analysts at Berenberg slashed their target price on pub chain JD Wetherspoon from 1,050. 0p to 580. 0p on Thursday, stating it was now "hard to predict management decisions".
Broker tips: Unilever, EasyJet
Analysts at Deutsche Bank upgraded consumer goods company Unilever to 'buy' from 'hold' on Wednesday, stating prospects had now improved for the group.
Broker tips: Ryanair, Dunelm
Analysts at Deutsche Bank slightly raised their target price on low-cost carrier Ryanair from €15. 3o to €15. 50 per share on Tuesday following the group's first-quarter results.
Broker tips: Ferrexpo, Ocado, Watches of Switzerland
Credit Suisse upgraded Ferrexpo to 'outperform' from 'neutral' on Monday but cut its price target on the stock to 250. 0p from 260. 0p.
Broker tips: Hochschild, FeverTree, Quilter, Strix
Analysts at Berenberg downgraded mining group Hochschild from 'buy' to 'hold' on Friday, citing operational risks.
Broker tips: Royal Mail, Haleon, eEnergy
Analysts at Berenberg lowered their target price on postal service operator Royal Mail from 575. 0p to 480. 0p on Thursday but reiterated their 'buy' rating on the stock.
Broker tips: Entain, Quilter
Analysts at Berenberg lowered their target price on bookmaker Entain from 2,060. 0p to 1,950. 0p on Wednesday, stating there was still value in the shares despite the company's "weaker" second-quarter trading performance.
Broker tips: Direct Line, FeverTree, Naked Wines, Haleon
Analysts at Deutsche Bank lowered their target price on insurance group Direct Line from 290. 0p to 240. 0p following the company's trading update.
Broker tips: Agronomics, FeverTree, Rio Tinto
Analysts at Canaccord Genuity initiated coverage on cellular agriculture company Agronomics with a 'buy' rating and 19. 0p target price on Monday, stating the group was "healthy, sustainable, kinda - and profitable".
Broker tips: Senior, easyJet, Direct Line
Senior surged on Friday after Barclays upgraded the shares to 'overweight' from 'underweight' and lifted the price target on the stock to 183. 0p from 137. 0p.
Broker tips: IntegraFin, Hunting, Wise
Analysts at RBC Capital Markets slashed their target price on financial services company IntegraFin from 515. 0p to 380. 0p on Thursday ahead of the group's third-quarter trading update.
Broker tips: Coca-Cola Hellenic, RS Group, Anglo Pacific
Analysts at Deutsche Bank raised their target price on Coca-Cola Hellenic from 2,475. 0p to 2,525. 0p on Wednesday, stating they were expecting "another solid release" from the firm.
Broker tips: LendInvest, British Land, 888 Holdings
Analysts at Berenberg lowered their target price on mortgage lender LendInvest from 275. 0p to 230. 0p on Tuesday, stating the group's outlook was "cloudy" despite a "strong" end to its 2022 trading year.
Broker tips: Molten Ventures, Domino's Pizza
Analysts at Berenberg lowered their target price on venture capital firm Molten Ventures from 1,300. 0p to 1,050. 0p on Monday but said a recent portfolio stress test proved the group's stock was "too cheap".
Broker tips: WPP, Ferrexpo, Persimmon
Analysts at Berenberg lowered their target price on media giant WPP on Friday from 1,230. 0p to 915. 0p and reiterated its 'hold' rating on the stock, stating it was "not yet time to buy".
Broker tips: Rio Tinto, Trainline, Hargreaves Lansdown
Analysts at Berenberg downgraded their rating on shares of Rio Tinto from 'hold' to 'sell', telling clients that they believed there was more downside in the shares.
Broker tips: Hunting, Informa, Intertek
Analysts at Canaccord Genuity upgraded their rating for shares of Hunting from 'hold' to 'buy' following the recent sharp spill lower in the share price after the company posted its second quarter results.
Broker tips: 888, Dechra, Kitwave, Moneysupermarket
Analysts at Deutsche Bank resumed coverage on gambling giant 888 Holdings at 'buy' on Tuesday, branding it as the "king of the hill".
Broker tips: Pets At Home, Sainsbury's, Dunelm
Pets at Home shares tumbled on Monday as RBC Capital Markets downgraded the shares to 'underperform' from 'sector perform' and slashed the price target to 280p from 330p, partly on valuation grounds.