Broker Recommendations
Citi downgrades Admiral to ‘neutral’, reiterates ‘sell’ on Direct Line
Citi downgraded its stance on Admiral on Friday and reiterated its ‘sell’ rating on Direct Line as it turned more cautious on UK motor insurance.
Bank of America 'broadly positive' on miners, says buy Rio, 'likes' Centamin
Analysts at Bank of America sounded a "still broadly positive" note on the outlook for European Metals and Mining equities.
Canaccord Genuity slashes target price on Totally
Analysts at Canaccord Genuity slashed their target price on healthcare service provider Totally from 70. 0p to 40. 0p on Thursday, stating cost pressures had impacted margins.
Berenberg lowers target price on Croda
Analysts at Berenberg lowered their target price on chemicals Croda International from £84 to £80 on Thursday, stating 2023 looked set to be "a year of consolidation".
Citi cuts rating on Babcock to 'neutral'
Citi has downgraded Babcock International Group to 'neutral' on concerns about legacy issues.
Liberum upgrades Smith & Nephew to 'buy'
Liberum upgraded Smith & Nephew on Wednesday to ‘buy’ from ‘hold’ and hiked the price target to 1,410p from 1,120p, saying it would look to buy on dips given the recent run.
Citi stays at 'buy' on BAE Systems, says 2023 guidance 'somewhat conservative'
Analysts at Citi reiterated their 'buy' recommendation for shares of BAE Systems and hiked their target price arguing that the engineer's guidance was "somewhat conservative".
Berenberg raises target price on Boku
Analysts at Berenberg raised their target price on mobile payments company Boku from 185. 0p to 210. 0p on Wednesday, stating the group's recent capital markets day had confirmed its investment case.
Canaccord starts Future at 'sell', says 'all good things must come to an end'
Analysts at Canaccord Genuity initiated coverage of Future with a 'sell' recommendation and 1,153. 0p target price.