Broker Recommendations
Berenberg hikes target price on Standard Chartered
Analysts at Berenberg hiked their target price on financial services company Standard Chartered from 640. 0p to 750. 0p on Friday, citing a "moment of clarity" for growth and returns.
Jefferies rates Darktrace at 'buy' following Q3 statement
Coming off restriction, analysts at Jefferies issued cyber-defence company Darktrace with a 'buy' rating on Friday following the group's "positive" third-quarter trading statement.
With PE at 30-year low, BoA reiterates 'buy' on StanChart
Analysts at Bank of America hiked their target price for shares of StanChart following the lender's better-than-expected first quarter numbers.
Berenberg raises target price on WPP
Analysts at Berenberg hiked their target price on media group WPP from 1,185. 0p to 1,230. 0p on Thursday after the company raised guidance despite apparent headwinds.
Berenberg raises target price on Anglo Pacific
Analysts at Berenberg raised their target price on mining company Anglo Pacific from 250. 0p to 260. 0p on Wednesday following a first-quarter earnings beat thanks to coal price tailwinds.
Morgan Stanley sounds 'positive' note on Compass Group
Analysts at Morgan Stanley sounded a 'positive' note on the outlook for Compass Group, telling clients that the catering services outfit was likely to beat its full-year guidance for organic sales growth.
Canaccord Genuity upgrades System1 to 'buy'
Analysts at Canaccord Genuity upgraded their position on market research company System1 from 'hold' to 'buy' on Wednesday, citing "predicting profitable growth".
Canaccord Genuity bumps up target price on Corero Network Security
Analysts at Canaccord Genuity slightly raised their target price on security systems company Corero Network Security from 24. 0p to 26. 0p on Tuesday, stating the "undervalued" stock represented a "profitable cybersec growth story".
Berenberg cuts target price on AJ Bell
Analysts at Berenberg slashed their target price on online investment platform operator AJ Bell from 400. 0p to 300. 0p on Tuesday, citing a negative mark-to-market.
Canaccord Genuity raises target price on Pantheon Resources
Analysts at Canaccord Genuity raised their target price on exploration and production outfit Pantheon Resources from 250. 0p to 280. 0p on Monday following success at the firm's Theta West asset.
Berenberg lowers target price on National Express
Analysts at Berenberg lowered their target price on coach operator National Express from 340. 0p to 300. 0p on Monday after adjusting numbers on the stock now that the dust has settled on the potential acquisition of Stagecoach and the subsequent counterbid from DWS.
Jefferies sees 100% yield at Berkeley Group over seven years, upgrades to 'buy'
Analysts at Jefferies upgraded their view on Berkeley Group Holdings and hiked their target price, arguing that the shares weren't discounting an expected step-up in the company's capital returns nor higher returns on equity.
Berenberg lowers target price on 'favoured diversified pick' Anglo American
Analysts at Berenberg lowered their target price on mining giant Anglo American from 4,300. 0p to 4,000. 0p on Friday, but said it continues to take "a constructive view" of the stock despite a "hard Q1".
Morgan Stanley raises Q3 2022 Brent oil price forecast to $130
Analysts at Morgan Stanley said that an array of headwinds meant that oil demand in 2022 would be lower than previously thought.
Credit Suisse hikes target for Bunzl as inflation boosts sales
Analysts at Credit Suisse bumped-up their target price for shares of distribution products and services specialist Bunzl on the back of its recent above-trend growth in sales on the back of inflation, from 2,900. 0p to 3,050. 0p.
Berenberg lowers National Grid to 'hold'
Analysts at Berenberg downgraded National Grid from 'buy' to 'hold' on Thursday, stating the stock was 'high enough for now'.
Berenberg downgrades Rio Tinto to 'hold', cites steel demand headlines
Analysts at Berenberg downgraded mining giant Rio Tinto from 'buy' to 'hold' on Thursday, stating steel demand headlines had tempered sentiment.
Canaccord Genuity lowers target price on Volex
Analysts at Canaccord Genuity lowered their target price on electronic connector manufacturer Volex from 510. 0p to 440. 0p on Thursday but said the firm appeared to be "well on track" to exceed its five-year plan.
Berenberg lowers target price on Wizz Air
Analysts at Berenberg slashed their target price on low-cost carrier Wizz Air from 4,400. 0p to 3,500. 0p on Wednesday, stating it was sitting on its hands despite a recent pullback in share price.
Deutsche Bank lowers target price on Prudential
Analysts at Deutsche Bank lowered their target price on insurance company Prudential from 1,550. 0p to 1,475. 0p on Wednesday but said "brighter skies" were ahead.