Broker Recommendations
Broker tips: Currys, Trainline, Anglo American
Berenberg upgraded Currys on Thursday to ‘buy’ from ‘hold’ and lifted the price target to 90p from 67p as it said the electricals retailer was "a sound way to play the expected improvement in UK retail demand".
Broker tips: Legal & General, Softcat, Fresnillo
Deutsche Bank has reiterated its 'buy' call for financial services and asset management company Legal & General following news of a potential sale of Cala Homes.
Broker tips: Fevertree, LSE Group, Mitchells and Butlers
Goldman Sachs downgraded Fevertree to ‘sell’ from ‘neutral’ on Tuesday and cut the price target to 1,050p from 1,075p.
Broker tips: Mondi, BT Group
Citi upgraded its stance on Mondi to 'buy' on Friday, noting that after a difficult couple of years, market headwinds of destocking and lower pricing were reversing across the packaging company's product segments.
Broker tips: Unilever, Integrafin
JPMorgan Cazenove double-upgraded Unilever on Thursday to 'overweight' from 'underweight' and hiked its price target on the stock to 5,100. 0p from 3,600. 0p after several years of caution on the equity story.
Broker tips: Weir, Assura
Berenberg re-initiated coverage of Weir Group on Wednesday with a ‘buy’ rating and 2,600p price target as it argued the engineering firm is a "structural winner".
Broker tips: Kainos, Wise
Analysts at Berenberg hiked their target price on software firm Kainos from 1,260. 0p to 1,415. 0p on Tuesday, citing "resilient profits" and a "positive outlook".
Broker tips: Kistos Energy, Imperial Brands, NatWest, Trainline, Rio Tinto
Analysts at Berenberg slashed their target price on independent energy company Kistos from 455. 0p to 305. 0p on Monday following the group's full-year results and updated guidance.
Broker tips: FRP Advisory, AutoTrader
Analysts at Berenberg raised their target price on liquidators FRP Advisory from 175. 0p to 200. 0p on Friday, stating the group's FY24 update delivered "sizeable upgrades".
Broker tips: Travis Perkins, Treatt
Barclays has raised its rating on builders merchant Travis Perkins from 'equal weight' to 'overweight', saying that the stock is an "undervalued UK recovery play".
Broker tips: DCC, Shell
RBC Capital Markets lifted its price target on DCC on Wednesday to 5,800. 0p from 5,700. 0p after the group published its full-year results a day earlier.
Broker tips: Greggs, Inchcape, Unilever
Shore Capital has maintained a 'hold' rating on Greggs despite a strong start to the year from the bakery chain, saying that the shares look "up with events for now".
Broker tips: BAE Systems, IAG
BAE Systems was under the cosh on Monday after Bank of America Merrill Lynch downgraded shares of the defence company to 'neutral' from 'buy'.
Broker tips: Wood Group, GCP
Analysts at Berenberg raised their target price on engineering and consulting business John Wood Group from 150. 0p to 220. 0p on Friday following the group's first-quarter trading statement that came hot on the heels of news that it had rejected a takeover bid at 205. 0p per share.
Broker tips: NatWest, Helios Towers
NatWest's share-price surge since the start of the year could well continue, according to analysts at Barclays, who hiked their target price for the stock on Thursday.
Broker tips: Frontier Developments, Centrica
Analysts at Berenberg hiked their target price on video game business Frontier Developments from 170. 0p to 300. 0p on Wednesday, stating the group's strategy was "showing signs of promise".
Broker tips: Astrazeneca, Mondi
Analysts at Berenberg hiked their target price on drugmaker Astrazeneca from 1,200. 0p to 1,300. 0p on Tuesday, citing the group was "instilling confidence in the revenues of tomorrow".
Broker tips: Shell, Standard Chartered, Team 17, AJ Bell
RBC Capital Markets has raised its forecasts for Shell and kept an 'outperform' rating, saying the business was "firing on most cylinders" in the quarter.
Broker tips: Volution, Videndum
Jefferies reiterated its 'buy' rating and 510. 0p target price on Volution on Wednesday as it said the company's ability to drive margins higher, through both revenue mix and efficiency, is more than offsetting the challenging market backdrop to deliver ongoing earning upgrades.