Broker Recommendations
Citi tells clients to overweight emerging market and European stocks
Citi predicts another positive year for stocks around the world on the back of rising corporate earnings.
Canaccord upgrades William Hill to 'buy' from 'hold'
Canaccord Genuity upgraded William Hill to 'buy' from 'hold' and lifted the price target to 350p from 285p on Friday, pointing to better prospects ahead for its "long-suffering shareholders".
JP Morgan believes markets underestimating potential for synergies at Wood Group
Analysts at JP Morgan reiterated their 'overweight' stance for shares of Wood Group, telling clients it remained a 'top pick' in the oil field services space for 2018.
Debenhams may need to cut dividend after profit warning, analysts caution
Debenhams is likely to be forced to cut the dividend it pays to shareholders after the department store chain lowered its full year profit guidance due to poor trading over Christmas.
RBC Capital downgrades Hochschild Mining on valuation
RBC Capital Markets downgraded Hochschild Mining to 'sector perform' from 'outperform' on valuation grounds, keeping the price target at 260p.
Barclays ups target price for Whitbread on potential for Costa sale
Following the arrival of an activist investors on Whitbread's share register, analysts at Barclays has estimated that a potential break-up of the Costa and Premier Inns group could deliver a sum-of-the-parts valuation of 18-40% above the current share price.
Credit Suisse upgrades five, downgrades seven in business services review
Improving economic conditions in Europe and a tougher backdrop in the UK was a large part of why Credit Suisse upgraded five outward focused stocks and downgraded seven others as it reviewed prospects for the business services sector.
Investec stays at 'buy' on Next, points to valuation and consistent cash generation
Analysts at Investec reiterated their 'buy' recommendation for shares of Next, pointing to the shares' supportive valuation and the "consistency" of the company's cash generation to back up their case.
BBA, Biffa and Stock Spirits among JPM Cazenove's top mid-cap picks
UK businesses that are resilient to a domestic slowdown and have significant exposure to growing overseas markets are the foundation for JP Morgan Cazenove's top small and mid-cap share picks for 2018, including BBA Aviation, Clarkson and Hollywood Bowl.
Barclays begins coverage of GVC Holdings with positive rating
GVC Holdings' takeover of Ladbrokes Coral should bring greater scale and geographic diversity as well as boosting earnings and cash growth, said analysts at Barclays as they initiated coverage on the online gaming group on Tuesday.
Deutsche Bank upgrades ASOS to 'buy'
Deutsche Bank upgraded online fashion retailer ASOS to ‘buy’ from ‘hold’ and hiked the price target to 7,400p from 5,800p.
JP Morgan hikes target price for WizzAir on improved growth prospects
Analysts at JP Morgan hiked their target price for WizzAir sharply higher, from 3,625p to 4,100p, driven by the airline's recent investments in expanding capacity, including through the acquisition of 146 Airbus jets and after clinching Monarch's slots at Luton.