Broker Recommendations
Broker tips: IAG, Dalata Hotels, OSB
Jefferies hiked its price target on BA and Iberia owner IAG on Wednesday to 350. 0p from 270. 0p saying it expects Q4 to deliver similar trends to Q3, driving confidence in the short-term macro and travel environment.
Broker tips: SThree, M&S, Hollywood Bowl
Jefferies cut its target price on SThree on Tuesday after the group's warning highlighted further downside to earnings for UK staffers.
Broker tips: Compass, Moonpig
Analysts at Berenberg raised their target price on food service business Compass Group from 2,460. 0p to 2,900. 0p on Monday, stating the company was in possession of "all the ingredients for sustained growth".
Broker tips: Greggs, Impax Asset Management
RBC Capital Markets recommended that investors "buy the dip" on Friday as it initiated coverage of bakery chain Greggs with an 'outperform' rating and 3,240. 0p price target.
Broker tips: Diageo, SThree
Diageo fizzed higher on Thursday as UBS upgraded the shares to ‘buy’ from ‘sell and hiked the price target to 2,920p from 2,300p, saying it sees upside risks to the US business.
Broker tips: Reckitt Benckiser, Aviva, IAG, Whitbread
HSBC upgraded Reckitt Benckiser on Wednesday to 'buy' from 'hold' and lifted its price target on the stock to 5,500. 0p from 4,800. 0p as it assessed the outlook for consumer staples in 2025.
Broker tips: British Land, BAE Systems, Hikma, Unite, Londonmetric
Goldman Sachs upgraded its stance on British Land on Tuesday to 'buy' from 'neutral', citing a stronger growth outlook, as it took a look at European real estate stocks.
Broker tips: Berkeley, Marlowe, AJ Bell, Ashtead, Touchstone Exploration
RBC Capital Markets has cut its target price for Berkeley Group and reiterated an 'underperform' rating, saying that while the long-term picture looks intact, it has cut its forecasts for shareholder returns.
Broker tips: Admiral, Diageo, Halma
Admiral shot higher on Thursday as Deutsche Bank upgraded the stock to 'buy' from 'hold' and lifted the price target to 3,020. 0p from 3,000. 0p saying it was becoming more positive on the wider UK motor insurance space, particularly for those that are larger players such as Admiral, and those that are more disciplined.
Broker tips: IAG, Greatland Gold
BA and Iberia owner IAG flew higher on Wednesday as JPMorgan Cazenove said it was the "most compelling" overweight in the airline sector and added the stock to its Analyst Focus List and put it on "positive catalyst watch".
Broker tips: Ashtead, DiscoverIE, Direct Line Insurance
RBC Capital Markets upgraded equipment rental firm Ashtead on Tuesday to 'outperform' from 'sector perform' and hiked its price target on the stock to 7,450. 0p from 5,200. 0p.
Broker tips: BAE Systems, PensionBee, GSK
Citi reiterated its 'buy' recommendation on BAE Systems on Monday after the shares slumped on Friday.