Broker Recommendations
Broker tips: Spire Healthcare, Travis Perkins
Jefferies upgraded Spire Healthcare to 'buy' from 'hold' on Friday and lifted its price target on the stock to 250. 0p from 240. 0p, arguing that the market was underappreciating its growth opportunity.
Broker tips: Tritax Big Box, CMC Markets, iGas Energy
Berenberg upgraded Tritax Big Box to 'buy' from 'hold' and reiterated its 170. 0 target price on the stock on Thursday, citing valuation grounds.
Broker tips: Essentra, Digital 9 Infrastructure, JD Wetherspoon
Over at Berenberg, analysts lowered their target price on hardware manufacturer Essentra from 295. 0p to 255. 0p on Wednesday but said it still sees a "significant medium-term opportunity".
Broker tips: CMC Markets, Direct Line
Analysts at RBC Capital Market dropped their target price on financial services firm CMC Markets from 350. 0p to 310. 0p on Tuesday following the group's recent trading update.
Broker tips: Playtech, Tharisa
Analysts at Deutsche Bank bumped up their target price on gaming and sports betting software firm Playtech from 608. 0p to 615. 0p on Monday, citing the group's "resilient performance".
Deutsche Bank nudges up target price on Playtech
Analysts at Deutsche Bank bumped up their target price on gaming and sports betting software firm Playtech from 608. 0p to 615. 0p on Monday, citing the group's "resilient performance".
Broker tips: Centrica, Anpario
Analysts at Berenberg hiked their target price on electric services company Centrica from 50. 0p to 110. 0p on Friday, stating the group's strong free cash flow yield had revived its dividend.
Broker tips: BT, Sabre Insurance
Analysts at Deutsche Bank raised their target price on telecommunications firm BT 140. 0p to 150. 0p on Thursday, stating taxes had pushed the "lucky" group's price target higher amid "major challenges".
Broker tips: Spirent Communications, Superdry, Bytes Technology
Analysts at Deutsche Bank lowered their target price on telco Spirent from 250. 0p to 200. 0p on Wednesday, stating the group had experienced a "tough H1 in prospect" and that "a rapid recovery" into 2024 was unclear.
Broker tips: Trustpilot, TI Fluid Systems, Aptitude Software
Analysts at Berenberg lowered their target price on review website operator Trustpilot from 180. 0p to 160. 0p on Tuesday but said it still expects to see positive underlying earnings and cash flow in 2023.
Broker tips: Glencore, Breedon
UBS upgraded Glencore to 'buy' from 'neutral' on Monday as it said the risk/reward scenario was now attractive after the recent selloff.
Broker tips: GSK, Restore
Analysts at Deutsche Bank upgraded biopharmaceutical firm GSK from 'hold' to 'buy' on Friday as they updated estimates and made changes to their net present value assumptions.
Broker tips: Genuit, Clarkson
Analysts at Berenberg reiterated their 'buy' rating on construction firm Genuit on Thursday but acknowledged that the group was now "navigating a tough 2023".
Broker tips: IQE, Spirent Communications, Future
Analysts at Deutsche Bank lowered their target price on semiconductor firm IQE from 60. 0p to 40. 0p on Wednesday, stating its second trading update this year pointed to an "awful" first half.
Broker tips: Flutter Entertainment, Rolls-Royce
Analysts at Berenberg raised their target price on gaming outfit Flutter Entertainment from 13,800. 0p to 16,000. 0p on Tuesday as the group's US outperformance continues at pace.
Broker tips: Coats, Bunzl, HSBC
Analysts at Berenberg slightly raised their target price on thread manufacturer Coats Group from 90. 0p to 100. 0p on Monday after the group's recent results demonstrated "a strong performance".
Broker tips: Schroders, IQE, Volution
Credit Suisse downgraded Schroders to 'neutral' from 'outperform' on Friday and slashed its price target on the stock to 470. 0p from 510. 0p, citing flow headwinds and cost inflation.
Broker tips: Hiscox, National Express
Analysts at Berenberg raised their target price on insurer Hiscox from 1,015. 0p to 1,285. 0p on Thursday, citing a "strong finish to a turbulent year".
Broker tips: Rolls-Royce, Wood Group
UBS upgraded Rolls-Royce to 'buy' from 'neutral' and nearly doubled its price target on the stock to 200. 0p from 105. 0p as it said the shares were "abnormally cheap" despite China reopening.
Broker tips: Melrose, Rathbones Brothers, Saietta
Bank of America Merrill Lynch upgraded Melrose to 'buy' from 'neutral' on Tuesday and lifted its price target on the stock to 181. 0p from 160. 0p.