Broker Recommendations
Berenberg raises target price on Oxford Instruments
Analysts at Berenberg upped their target price on manufacturing and research company Oxford Instruments from 2,930. 0p to 3,100. 0p on Thursday, stating that the group was "graduating at the top of the class".
Canaccord Genuity downgrades Kainos to 'hold'
Analysts at Canaccord Genuity lowered their target price on software firm Kainos from 1,525. 0p to 1,270. 0p on Thursday and downgraded the stock from 'buy' to 'hold', stating "slimmer public sector pickings" made future beats less likely.
Berenberg stays at 'buy' on Centamin, expects shares to re-rate further
Analysts at Berenberg reiterated their 'hold' recommendation on shares of Egypt-focused gold miner Centamin following the release of its fourth quarter update.
Jefferies upgrades Direct Line to ‘buy’
Jefferies upgraded Direct Line on Thursday to ‘buy’ from ‘hold’ and lifted the price target to 210p from 175p, as it pointed to an improving market outlook and depressed valuation.
Canaccord Genuity on ups price target on Volex
Analysts at Canaccord Genuity raised their target price on power products manufacturer Volex from 380. 0p to 400. 0p on Wednesday after the group's full-year trading update came in "strong and ahead of expectations".
Liberum raises target price on EasyJet
Analysts at Liberum hiked their target price on low-cost carrier EasyJet from 500. 0p to 650. 0p on Wednesday, stating it was "shrugging off macro concerns".
Canaccord Genuity raises target price on the Property Franchise Group
Analysts at Canaccord Genuity raised their target price on property management firm the Property Franchise Group from 437. 0p to 470. 0p on Tuesday, citing "high quality earnings" and a "compelling valuation".
JPMorgan remains 'cautious' of UK housebuilders
Analysts at JPMorgan said on Tuesday that they were still "cautious" of the UK housebuilding sector despite it outperforming the market year-to-date.
Berenberg stays at 'hold' on BT Group heading into full-year results
Analysts at Berenberg reiterated their 'hold' recommendation and 160. 0p target price on shares of BT Group heading into the company's full-year results on 18 May.
Liberum lifts THG to 'buy'
Liberum lifted e-commerce group THG to ‘buy’ from ‘hold’ on Monday, hiking the price target to 220p from 55p as it moved to a sum of the parts valuation, with the company now "in play" after confirming it had received a highly preliminary and non-binding indicative takeover proposal from private equity firm Apollo Global Management.
Morgan Stanley's Mike Wilson cautious on outlook for S&P 500 earnings
Morgan Stanley strategist Mike Wilson cautioned clients that large-cap stock market indices were exposed to the risk of sudden falls as seen in the regional bank index and in small caps.
Berenberg raises target price on OSB Group
Analysts at Berenberg raised their target price on financial services firm OSB Group from 750. 0p to 800. 0p on Monday, stating the group was "sustainably strong" and "unsustainably cheap".
RBC Capital Markets upgrades RS Group to 'outperform'
RBC Capital Markets upgraded RS Group on Monday to ‘outperform’ from ‘sector perform’ as it said the risk/reward was now more favourable.
JP Morgan spies signs of rotation away from cyclicals
Equity strategists at J. P. Morgan reiterated their call for a rotation in investors' investment style away from so-called Value stocks and towards Growth and Defensive.
JP Morgan stays at 'buy' on National Grid highlighting 'solid' balance sheet
Analysts at J. P. Morgan reiterated their 'overweight' recommendation for shares of National Grid in anticipation of increased investor focus on the company's 'solid' balance sheet.
Jefferies hikes StanChart price target, says pullback 'seems harsh'
Standard Chartered rallied on Friday after Jefferies lifted its price target on the ‘buy’ rated stock to 1,000p from 950p, as it said the share price pullback since March "seems harsh in context of favourable operating trends".
Deutsche Bank lowers target price on Hargreaves Lansdown
Analysts at Deutsche Bank lowered their target price on financial services firm Hargreaves Lansdown from 870. 0p to 850. 0p on Friday, stating it was "looking for signs of green shoots ahead".
Peel Hunt upgrades Whitbread to 'buy'
Peel Hunt upgraded Whitbread on Friday to ‘buy’ from ‘add’ and hiked the price target to 4,000p from 2,850p as it expects positive trading news from the company this year, starting with the prelims on 25 April.
BofA says LSE Group shares trading at 'material discount'
Analysts at Bank of America reiterated their 'buy' recommendation for shares of LSE Group, telling clients that the business's fundamentals were underpinned by "long-term secular trends" which in turn supported its high-quality growth on the topline.
RBC Capital Markets cuts price target on JTC
Analysts at RBC Capital Markets lowered their target price on fund management services firm JTC from 820. 0p to 760. 0p on Thursday as it took a fresh look at the stock following the group's full-year results.