Broker Recommendations
Jefferies upgrades Wood Group to 'buy'
Jefferies upgraded Wood Group on Monday to ‘buy’ from ‘hold’ and hiked the price target to 190p from 150p.
Canaccord Genuity raises target price on Kitwave
Analysts at Canaccord Genuity raised their target price on food wholesaler Kitwave from 345. 0p to 390. 0p on Monday following the group's acquisition of WestCountry Food.
Berenberg lowers target price on Anglo American
Analysts at Berenberg lowered their target price on mining giant Anglo American from 3,000. 0p to 2,700. 0p on Monday, stating the group was taking "hits from every angle".
Deutsche Bank lowers target price on Unilever
Analysts at Deutsche Bank lowered their target price on consumer goods manufacturer Unilever from 4,500. 0p to 4,400. 0p on Friday, stating it was "trimming the upside".
Peel Hunt upgrades InterContinental Hotels to ‘buy’
Peel Hunt upgraded InterContinental Hotels on Friday to ‘buy’ from ’hold’ and lifted the price target to 5,750p from 4,600p.
Berenberg lowers target price on Moonpig
Analysts at Berenberg slashed their target price on gift card retailer Moonpig from 390. 0p per share to 300. 0p after the group cut its full-year 2023 guidance.
Deutsche Bank raises target price on Ashtead
Analysts at Deutsche Bank raised their target price on equipment rental company Ashtead from 4,000. 0p to 4,460. 0p on Thursday but said it was "still uncertain" on the stock.
UBS downgrades London Stock Exchange to ‘neutral’
UBS downgraded London Stock Exchange Group to ‘neutral’ from ‘buy’ on Thursday and cut the price target to 8,500p from 9,000p as it argued that forex headwinds will more than offset improving execution and valuation.
Barclays upgrades Haleon to 'overweight'
Barclays upgraded Haleon on Wednesday to ‘overweight’ from ‘equalweight’ after a US Court threw out lawsuits alleging that GSK’s former heartburn drug, Zantac, had caused cancer.
RBC Capital Markets raises target price on Ashtead
Analysts at RBC Capital Markets raised their target price on equipment rental company Ashtead from 5,150. 0p to 5,450. 0p on Wednesday following the group's second-quarter results.
Jefferies downgrades PageGroup to 'underperform'
Jefferies downgraded its stance on PageGroup on Wednesday as it took a look at European recruiters.
Credit Suisse downgrades Mondi, upgrades DS Smith
Credit Suisse downgraded Mondi and upgraded DS Smith on Tuesday as it took a look at paper and packaging stocks.
JPMorgan downgrades United Utilities
JPMorgan Cazenove downgraded United Utilities on Tuesday as it took a look at the UK water sector.
Canaccord Genuity lowers target price on 888 Holdings
Analysts at Canaccord Genuity lowered their target price on bookmaker 888 Holdings from 355. 0p to 295. 0p on Tuesday, stating high leverage was holding back the stock's valuation.
JPMorgan upgrades Barclays, downgrades Lloyds
JPMorgan Cazenove rejigged its ratings on UK and European bank stocks on Tuesday as it turned more cautious on the sector relative to consensus, arguing that slower economic growth will weigh on sentiment.
RBC Capital Markets starts Hikma at 'outperform'
RBC Capital Markets initiated coverage of Hikma Pharmaceuticals on Tuesday at ‘outperform’ with a 1,750p price target.
RBC Capital Markets ups target price on Compass
Analysts at RBC Capital Markets raised their target price on contract foodservice company Compass Group from 1,575. 0p to 1,625. 0p on Monday following the release of the group's full-year earnings.
Berenberg raises target price on Tharisa
Analysts at Berenberg nudged up their target price on integrated resource group Tharisa from 240. 0p to 260. 0p on Monday after the group's full-year underlying earnings beat expectations.
Peel Hunt downgrades Savills, shares slide
Peel Hunt downgraded Savills to ‘add’ from ‘buy’ on Monday as it pointed to "tougher times".
Jefferies downgrades Persimmon, upgrades Bellway
Jefferies downgraded Persimmon and Watkin Jones on Monday but upgraded Bellway as it took a look at UK housebuilders.