Broker Recommendations
Broker tips: Rolls-Royce, Centrica, Whitbread, IHG, Base Resources
Barclays has raised its stance on engineering giant Rolls-Royce from 'equal weight' to 'overweight' after recent weakness in the share price.
Broker tips: Kodal Minerals, Rightmove, AJ Bell
Analysts at Canaccord Genuity raised their target price on exploration and development firm Kodal Minerals from 1. 50p to 1. 65p on Monday following the group's new agreement with joint venture partner Hainan Mining to complete the financing package for its Bougouni lithium project.
Broker tips: Reckitt, Trainline
Analysts at Berenberg downgraded personal care group Reckitt on Friday from 'buy' to 'hold', saying it was now "difficult to identify a catalyst".
Broker tips: Ibstock, Lloyds Banking
Analysts at Deutsche Bank lowered their target price on brick maker Ibstock from 170. 0p to 150. 0p on Thursday following the publication of the group's third-quarter trading update.
Broker tips: Anglo American, IG Design
Analysts at Berenberg cut their target price on Anglo American on Wednesday from 2,600. 0p to 2,500. 0p, saying the miner's third-quarter production results had sparked "little joy".
Broker tips: Kingfisher, Pets at Home, Rio Tinto, CAB Payments
JPMorgan Cazenove reiterated its 'underweight' rating and 200. 0p target price on B&Q owner Kingfisher on Tuesday as it placed the shares on 'negative catalyst watch' ahead of its third-quarter trading update next month.
Broker tips: FirstGroup, The Mission Group, Flutter Entertainment
Analysts at Berenberg raised their target price on transport group FirstGroup from 170. 0p to 185. 0p on Monday, stating a recent depot visit had reaffirmed their positive view of the business.
Broker tips: Atlantic Lithium, IHG, Wizz Air, Chemring
Canaccord Genuity lowered its target price on exploration and development firm Atlantic Lithium from 80. 0p to 75. 0p on Friday after the Ghanaian Government awarded it the mining lease for the Ewoyaa lithium project.
Broker tips: Saietta, Rightmove, Hollywood Bowl, Spectris
Canaccord Genuity put its rating on engineering company Saietta 'under review' on Thursday following the publication of the group's full-year results.
Broker tips: Tharisa, XPS Pensions Group
Analysts at Berenberg lowered their target price on mining outfit Tharisa from 190. 0p to 150. 0p on Tuesday following the publication of the group's fourth-quarter production report.
Broker tips: Ocado, Severn Trent, United Utilities, Pennon, Seeing Machines
Ocado was under the cosh on Monday after Barclays downgraded shares of the online supermarket to ‘underweight’ from ‘equalweight’ and slashed the price target to 430p from 680p, pointing to a "particularly challenging" valuation.
Broker tips: Loungers, Hays
Liberum has kept a 'buy' recommendation on Hays despite the recruitment firm failing to meeting expectations with its first-quarter results, but has trimmed its target price slightly from 125p to 120p.
Broker tips: Johnson Matthey, Entain, 888
Berenberg downgraded Johnson Matthey on Thursday to 'hold' from 'buy' as it cut its price target on the stock to 1,650. 0p from 2,200. 0p, saying the stock was "interesting, but no longer compelling".
Broker tips: BP, Rio Tinto, Hochschild Mining
Barclays said on Tuesday that it expects a positive reaction to the ongoing BP capital markets day.
Broker tips: YouGov, Yellow Cake
Berenberg has slashed its target price for research firm YouGov by 18% but still sees significant upside after recent weakness in the shares.
Broker tips: Judges Scientific, Next, Associated British Foods
Berenberg initiated coverage of Judges Scientific on Monday with a 'buy' rating and 10,400. 0p price target, stating it was one of the highest quality companies in the UK mid-cap market, evidenced by its "stellar" track record.
Broker tips: UK stocks, Synthomer, THG
Citi has downgraded its average rating for UK stocks to 'underweight', saying the region's heavy exposure to oil could lead to a raft of earnings downgrades in the near future.
Broker tips: Volution, Spirent Communications
Ventilation equipment manufacturer Volution released its full-year results on Thursday, leading analysts at Berenberg to take a fresh look at the stock.
Broker tips: Aviva, Tesco
Jefferies upgraded Aviva on Wednesday to ‘buy’ from ‘neutral’ and lifted the price target by 26% to 480p as it pointed to "turning tides".
Broker tips: Boohoo, Yellow Cake, WPP
Shore Capital has reiterated a 'buy' rating on Boohoo despite the fast-fashion retailer cutting its sales guidance for the year.