Broker Recommendations
RBC Capital Markets lifts Workspace price target
RBC Capital Markets upped its price target on shares of Workspace on Wednesday to 725p from 625p.
JPMorgan says Centrica remains 'top pick', lifts price target
JPMorgan Cazenove said on Wednesday that British Gas owner Centrica remains a "top pick" as it lifted its price target to 140p from 130p and maintained its ‘overweight’ rating.
JPMorgan puts BAT on ‘negative catalyst watch’, cuts price target
JPMorgan Cazenove slashed its price target on British American Tobacco on Wednesday to 2,800p from 3,100p as it placed the shares on ‘negative catalyst watch’, saying that a challenging first half leaves guidance at risk.
Jefferies reiterates ‘buy’ rating on Babcock
Jefferies reiterated its ‘buy’ rating on Babcock on Tuesday and lifted the price target to 460p from 450p as it assumed coverage of the shares and took the opportunity "to revisit the case and provide an update on the Type 31 situation".
Berenberg lifts Hollywood Bowl price target after 'impressive' results
Berenberg lifted its price target on Hollywood Bowl on Tuesday to 370p from 360p following an "impressive" set of interim results.
RBC Capital downgrades Dr Martens, slashes price target
RBC Capital Markets downgraded shares of iconic bootmaker Dr Martens on Tuesday to ‘sector perform’ from ‘outperform’ and slashed the price target to 180p from 230p as it said FY24 guidance may prove too optimistic.
BofA ML starts Darktrace at 'underperform', shares slide
Cybersecurity firm Darktrace tumbled on Friday after Bank of America Merrill Lynch initiated coverage of the stock with an ‘underperform’ rating and a "street-low" price target of 240p, which implies 18% downside potential.
Berenberg upgrades Sabre Insurance to 'buy'
Berenberg upgraded Sabre Insurance on Friday to ‘buy’ from ‘hold’ and hiked the price target to 153p from 93p following an update earlier in the week.
Liberum upgrades Asos to ‘hold’ after equity raise
Liberum upgraded Asos on Friday to ‘hold’ from ‘sell’, but cut the price target to 470p from 500p, as the risk of an equity raise has now materialised.
RBC Capital downgrades Halfords, shares slump
Halfords was under the cosh on Friday after RBC Capital Markets downgraded the shares to ‘sector perform’ from ‘outperform’ and cut the price target to 220p from 230p.
Numis starts coverage of Tristel at 'add'
Numis started coverage of Tristel on Thursday with an ‘add’ rating and 390p price target.
Liberum hikes Fevertree price target
Liberum hiked its price target on Fevertree Drinks on Thursday to 1,500p from 1,000p following an update from the posh tonic maker.
RBC stays at 'outperform' on Coats after call with chief financial officer
Analysts at RBC reiterated their 'outperform' stance for shares of Coats Group on the back of their call with the company's finance director and head of investor relations.
ShoreCap sees 'attractive' entry point in Marks & Spencer
Analysts at ShoreCap told clients they believed they saw a "very attractive entry point" into Marks & Spencer's shares, given the increasing possibility of a rating expansion.
Berenberg stays at 'hold' on National Grid, sees shares 'fully valued'
Analysts at Berenberg reiterated their 'hold' recommendation and 1,100. 0p target price on shares of National Grid, the British electricity and gas utility.
Citi downgrades Sainsbury’s to ‘neutral’
Citi downgraded its stance on Sainsbury’s on Tuesday to ‘neutral’ from ‘buy’ and cut the price target to 295p from 320p following a strong sector-relative performance, with the shares up 29% year-to-date.
Jefferies ups price target on Premier Foods
Jefferies has upped its price target on Premier Foods following a strong full-year performance.
Berenberg lifts price target on Hill & Smith ahead of update
Berenberg lifted its price target on Hill & Smith on Monday to 1,600p from 1,490p as it updated its numbers ahead of a trading update this week, to reflect the acquisitions and trading so far in FY 2023.
Citi adds BT Group to 'European Focus List', reiterates 'buy'
Citi reiterated its ‘buy’ rating on BT Group on Monday and added the shares to its ‘European Focus List’, "because of its deep value, and as it is a clear beneficiary from improving regulatory and market conditions".
Berenberg lifts Genuit price target
Berenberg lifted its price target on Genuit on Friday after the company upped its annual earnings expectations a day earlier.