Broker Recommendations
Liberum calls Next 'a clear winner'
Analysts at Liberum took a fresh look at retailer Next on Thursday, stating the firm was "a clear winner", with multiple macro and micro drivers.
Barclays hikes BP price target
Barclays hiked its price target on BP on Wednesday to 1,000p from 700p following the oil giant’s results a day earlier.
Berenberg slightly raises target price on Yellow Cake following 'timely acquisition'
Analysts at Berenberg slightly raised their target on uranium business Yellow Cake from 543. 0p to 552. 0p on Wednesday following a "timely acquisition" by the group.
JPMorgan upgrades Trustpilot to 'overweight'
JPMorgan Cazenove lifted Trustpilot to ‘overweight’ from ‘neutral’ on Wednesday and upped the price target to 150p from 100p, as it said EBITDA was at a turning point and the top line has been de-risked.
Liberum stays at 'hold' on THG
Analysts at Liberum reiterated their 'hold' rating on shares of The Hut Group on Tuesday, stating "cash remains king" for now.
Canaccord Genuity lowers target price on Mattioli Woods
Analysts at Canaccord Genuity lowered their target price on wealth management firm Mattioli Woods to 830. 0p from 850. 0p on Tuesday despite the group's "robust" interim results.
Liberum downgrades Taylor Wimpey on valuation grounds
Liberum downgraded Taylor Wimpey on Monday as it took a look at the UK housebuilding sector.
Canaccord Genuity hikes price target for On the Beach
Analysts at Canaccord Genuity raised their target price on online holiday retailer On the Beach from 193. 0p to 248. 0p on Monday, stating the group's move to premium offerings was starting to "pay off".
Barclays downgrades Virgin Money after strong share price performance
Barclays downgraded Virgin Money on Monday to ‘equalweight’ from ‘overweight’ following a strong share price performance over the last six months.
Berenberg raises target price on Virgin Money
Analysts at Berenberg raised their target price on lender Virgin Money UK from 170. 0p to 195. 0p on Monday but cautioned that "relative challenges" may worsen.
Barclays downgrades IWG and Direct Line Insurance
Analysts at Barclays downgraded insurance firm IWG to 'equal weight' on Friday.
Deutsche Bank upgrades B&M, downgrades Kingfisher
Deutsche Bank adjusted its ratings on a number of retailers on Friday, as it noted that the European general retail sector ended 2022 on a "surprisingly good" note.
Canaccord Genuity reiterates 'buy' rating on Jet2
Analysts at Canaccord Genuity reiterated their 'buy' rating on airline Jet2 on Thursday, citing a climbing outlook and an increased probability of profit delivery.
Goldman downgrades Standard Chartered to 'neutral'
Goldman Sachs downgraded its stance on shares of Standard Chartered on Thursday to ‘neutral’ from ‘buy’.
Berenberg lowers target price on Tritax Big Box
Analysts at Berenberg lowered their target price on real estate investment trust Tritax Big Box from 190. 0p to 170. 0p on Thursday, stating repricing was now underway.
Investec upgrades Currys to ‘buy’, shares surge
Currys surged on Wednesday after Investec upgraded the shares to ‘buy’ from ‘hold’, saying the electricals retailer’s peak trading statement assuaged some of the concerns it had at the interims with regards market share declines, showing a "material" improvement in UK & Ireland margins.
Berenberg nudges up target price on Hochschild Mining
Analysts at Berenberg slightly raised their target price on silver and gold miner Hochschild Mining from 90. 0p to 100. 0p on Wednesday as it incorporated higher production levels and lower-than-expected costs into its model following the group's fourth-quarter trading update earlier in the week.
RBC Capital initiates coverage of SSP at ‘outperform’
RBC Capital Markets initiated coverage of SSP on Wednesday at ‘outperform’ with a 300p price target.
Canaccord Genuity reiterates 'buy' rating on Restore
Analysts at Canaccord Genuity reiterated their 'buy' rating and 590. 0p target price on mission-critical services provider Restore on Wednesday, calling the stock "resilient and misplaced".