Broker Recommendations
Broker tips: Bango, Bunzl, Made.com
Analysts at Berenberg kept their recommendation for payments technology outfit Bango at 'buy' following its acquisition of rival NTT DOCOMO.
Broker tips: GSK, IHG, 888
Citigroup put pharmaceuticals company GlaxoSmithKline on "positive catalyst watch" on Friday as it pointed to legal developments related to the company’s now-discontinued Zantac heartburn drug.
Broker tips: Hargreaves Lansdown, Biffa, AstraZeneca
Analysts at JP Morgan reiterated their underweight stance on Hargreaves Lansdown due to the combination of their forecasts for a drop in UK gross domestic product in 2023, alongside "elevated" inflation and the rise in overall living costs, amongst other factors.
Broker tips: Bunzl, Halfords
Analysts at ShoreCap reiterated their 'buy' recommendation for shares of Bunzl ahead of the value added distributor's first half results.
Broker tips: Joules, Experian
Liberum downgraded its recommendation for retail and homeware retailer Joules on the back of a deteriorating outlook for consumer spend.
Broker tips: Gem Diamonds, BHP
Analysts at Berenberg slashed their target price for shares of Gem Diamonds on the back of the miner's second quarter trading statement.
Broker tips: 888, Haleon
Analysts at Deutsche Bank slashed their target price for shares of 888 following the company's first set of results following completion of the acquisition of William Hill.
Broker tips: Wheaton Precious Metals, CMC Markets, Coca-Cola HBC
Analysts at Berenberg lowered their target price on Wheaton Precious Metals from 3,800. 0p to 3,600. 0p on Monday following a "mixed" second quarter for the group.
Broker tips: the Gym Group, Coca-Cola HBC
Analysts at Berenberg slashed their target price on fitness centre operator the Gym Group from 290. 0p to 180. 0p on Friday and said it was "staying on the sidelines" as far as the stock was concerned.
Broker tips: Strix Group, Jupiter Fund Management
Analysts at Berenberg lowered their target price on kettle controls manufacturer Strix Group from 310. 0p to 245. 0p on Thursday but said the firm was "not of steam".
Broker tips: Atalaya Mining, Pets At Home
Analysts at Berenberg lowered their target price on Atalaya Mining from 400. 0p to 370. 0p on Wednesday after the group's second-quarter results fell short of expectations.
Broker tips: Hargreaves Lansdown, Firstgroup
JPMorgan Cazenove reiterated its 'underweight' rating and 770. 0p price target on Hargreaves Lansdown on Tuesday following the investment platform's half-year results a day earlier.
Broker tips: Hargreaves Lansdown, Touchstone Exploration, Legal & General
Analysts at Barclays took a fresh look at financial services giant Hargreaves Lansdown following the release of the group's full-year results last week.
Broker tips: Hikma Pharmaceuticals, BAE Systems, Go-Ahead Group
Barclays downgraded Hikma Pharmaceuticals on Friday to 'equalweight' from 'overweight' and cut the price target to 1,750. 0p from 2,250. 0p as it said a lack of visibility in the generics division was a real concern.
Broker tips: Sage, Ergomed, Travis Perkins, Smith & Nephew
Analysts at Canaccord Genuity upgraded software firm Sage from 'hold' to 'buy' on Thursday, stating the group was "more resilient than you think".
Broker tips: Ascential, BAE Systems, Centrica
Analysts at Berenberg downgraded business-to-business media firm Ascential from 'buy' to 'hold' on Wednesday and slashed their target price on the stock to 290. 0p from 450. 0p, stating it was now "cutting losses".
Broker tips: HSBC, Anglo Pacific, Pearson
Analysts at Berenberg raised their target price on lender HSBC from 560. 0p to 625. 0p on Tuesday, stating the group's recent second-quarter earnings saw the company deliver "a clean enough sweep".
Broker tips: NatWest, Capital Limited
Analysts at Berenberg raised their target price on lender NatWest from 300. 0p to 350. 0p on Monday, stating the group's second-quarter results had provided "a valuable glance" at its "attractive" return prospects.