Broker Recommendations
Exane downgrades Prudential to 'underperform'
Exane downgraded Prudential on Thursday to ‘underperform’ from ‘neutral’ as it said the investment case is about "jam tomorrow, not jam today".
Jefferies upgrades HSBC to ‘buy’
Jefferies upgraded HSBC on Thursday to ‘buy’ from ‘hold’ and hiked the price target to 770p from 574p as it said the bank was positively-geared to a re-opening in China.
Liberum upgrades Ryanair on higher profit guidance
Liberum upgraded Ryanair on Thursday to ‘buy’ from ‘hold’ and upped the price target to €16 from €13 after the budget airline lifted its profit guidance.
ShoreCap spies 'interesting entry price' into Frontier Developments, upgrades
Analysts at ShoreCap upgraded their recommendation for shares of Frontier Developments from 'hold' to 'buy', telling clients that they were anticipating record sales over the 2023 financial year and a step-change in profitability.
Berenberg lowers target price on BT
Analysts at Berenberg lowered their target price on telecommunications giant BT Group from £1. 90 to £1. 60 on Wednesday, stating "all eyes" will be on pricing moves.