Broker Recommendations
Broker tips: Centrica, Drax, iGas
Analysts at Jefferies upgraded Centrica and Drax on Monday to 'buy' from 'hold' as it pointed to strong free cash flow generation and resilient balance sheets in "attractive amidst turbulent markets".
Broker tips: Greggs, Mattioli Woods
Analysts at Berenberg lowered their target price on bakery chain Greggs from 3,600. 0p to 3,000. 0p on Friday despite earnings estimates holding firm.
Broker tips: Reckitt, FirstGroup, HSBC
Analysts at Berenberg slashed their target price on household goods manufacturer Reckitt from 8,200. 0p to 7,050. 0p on Thursday but reiterated its 'buy' rating on the "still mispriced" stock.
Broker tips: Beazley, Moneysupermarket
Analysts at RBC Capital Markets have updated their model on insurance firm Beazley ahead of the group's third-quarter trading update, raising its target price on the stock from 650. 0p to 675. 0p in the process.
Broker tips: Asos, Hargreaves Lansdown
Analysts at Berenberg slashed their target price on clothing retailer Asos from 1,800. 0p to 1,200. 0p on Tuesday following the group's full-year earnings.
Broker tips: Beazley, Cerillion
Berenberg raised its target price on Beazley from 685. 0p to 720. 0p on Monday, stating the group was still its "top pick" in the UK insurance sector.
Broker tips: Glencore, Synthomer
Analysts at Barclays reiterated Glencore as their 'top pick' within the European Metals and Mining space.
Broker tips: Asos, Integrafin
Analysts at Deutsche Bank lowered their target price on fast fashion retailer Asos from 900. 0p to 800. 0p on Thursday but said the group looks to have "sufficient debt headroom" to cope with its recent "painful dose of reality".
Broker tips: Frasers, Kistos, Asos, B&M
RBC Capital Markets upgraded Frasers Group from 'underperform' to 'sector perform' on Wednesday.
Broker tips: XP Power, 888 Holdings
Analysts at Berenberg slashed their target price on power supply manufacturer XP Power from 4,020. 0p to 2,080. 0p on Tuesday, despite the group's "strong" Q3 trading update on 11 October.
Broker tips: Rathbones Group, Sabre Insurance
Analysts at RBC Capital Markets lowered their target price on investment manager Rathbones Group from 2,100. 0p to 1,950. 0p on Monday as it updated its model on the firm ahead of its third-quarter trading statement.
Broker tips: Hilton Food, Boohoo
Analysts at Berenberg upgraded food packaging business Hilton Food from 'hold' to 'buy' on Friday but cut their target price on the stock from 1,200. 0p to 850. 0p.
Broker tips: Diageo, Tullow Oil, Restaurant Group
Analysts at Credit Suisse reiterated their 'outperform' recommendation for shares of Diageo, telling clients that they spied "upside risks" to the spirits-maker's US and Asia Pacific businesses.
Broker tips: Marshalls, CleanTech Lithium
Analysts at Berenberg lowered their target price on construction outfit Marshalls from 380. 0p to 280. 0p on Tuesday and said further risks remained.
Broker tips: Moneysupermarket, Vodafone, Balfour Beatty
RBC Capital Markets upgraded Moneysupermarket on Monday to 'outperform' from 'sector perform' and lifted its price target on the stock to 250. 0p from 230. 0p as it argued that the 20% de-rating since August presented a good entry point.
Broker tips: BAE Systems, Bytes Technology, Ashtead Group
Analysts at J. P. Morgan upgraded their recommendation for shares of BAE Systems on expectations for a stronger US dollar and a reduction in the UK corporate tax rate.
Broker tips: Imperial Brands, Babcock, Anglo American
Analysts at BofA Securities maintained their 'buy' recommendation for shares of Imperial Brands following the tobacco giant's "supportive" pre-close trading update.
Broker tips: Dechra Pharmaceuticals, Next
Berenberg initiated coverage of veterinary pharmaceuticals group Dechra Pharmaceuticals with a 'hold' rating and 2,850. 0p price target, saying it has "plenty of pet-ential".
Broker tips: Hikma, Pennon, Severn Trent, AJ Bell, Hargreaves Lansdown
Analysts at Berenberg initiated coverage on drugmaker Hikma Pharmaceuticals at 'hold' on Tuesday, stating it was "waiting for the tide to turn".
Broker tips: S&U, Oxford Metrics, 888 Holdings, Flutter
Analysts at Berenberg lowered their target price on motor finance and bridging lender S&U from 2,660. 0p to 2,180. 0p on Monday but said the group had still managed to deliver a "solid" set of results given macro headwinds.