Broker Recommendations
Barclays ups target for B&M Value Retail after latest trading update
Barclays analysts raised their target price for shares of B&M European Value Retail following the retailer's latest update.
UK life insurers' exposure to Thames Water is 'minimal', Citi says
Analysts at Citi pointed out on Thursday that the UK life insurance sector's direct exposure to Thames Water was "minimal".
Berenberg cuts target price on Vodafone, but keeps at 'hold'
Analysts at Berenberg cut their target price for shares of Vodafone despite what they said was its cheap valuation and 10. 5% dividend yield.
Canaccord Genuity lowers Atlantic Lithium target price but stays at 'speculative buy'
Canaccord Genuity lowered its target price for Atlantic Lithium's shares from 90. 0p to 80. 0p following the release of the miner's Definitive Feasibility Study for its Ewoyaa project.
Berenberg lowers Marlowe target price but sees potential for medium-term rerating
Analysts at Berenberg slashed their target price for shares of Marlowe, but kept their recommendation at a 'buy'.
ShoreCap says Sainsbury valuation multiples 'undemanding'
ShoreCap analysts labelled Sainsbury's current valuation "undemanding", going on to add that its 5% dividend yield was "attractive".
Berenberg says weakness in JD Sports looks 'overdone'
Analysts at Berenberg sounded a positive note on shares of JD Sports, pointing to the retailer's fundamentals, valuation and potential share buyback to back up its call.
J.P. Morgan stays 'overweight' on BAE Systems, despite possible quicker end to war
Analysts at J. P. Morgan retained their 'overweight' stance for BAE Systems despite speculation that the past weekend's events in Russia might foreshadow a quicker end to the war in Ukraine.
Berenberg reinitiates coverage of Informa at 'buy'
Berenberg reinitiated coverage of Informa on Tuesday with a ‘buy’ recommendation and 820p price target.
UBS downgrades BT Group to 'sell', shares slide
BT Group tumbled on Tuesday after UBS downgraded the shares to ‘sell’ from ‘neutral’ and cut the price target to 120p from 146p, as it assumed a halving of the dividend amid free cash flow pressures.
Shore Capital starts On The Beach at ‘buy’
Shore Capital initiated coverage of On The Beach on Monday with a ‘buy’ rating, with a fair value of 170p and 75% upside potential.
RBC Capital upgrades Cranswick to 'outperform'
RBC Capital Markets upgraded Cranswick on Monday to ‘outperform’ from ‘sector perform’ and hiked the price target to 4,000p from 3,400p.
RBC Capital lifts JTC price target after SDTC acquisition
RBC Capital Markets upped its price target on JTC to 770p from 760p on Thursday as it adjusted its forecasts for the acquisition of South Dakota Trust Company (SDTC) and placing.
Shore Capital cuts rating on AO World
Shore Capital has cut its recommendation on AO World to ‘hold’, after a rally in the share price.
Citi says threat to Keyword Studios from Generative AI 'likely overstated'
Citi stuck to its 'neutral' recommendation for Keywords Studios, telling clients that the risks around generative artificial intelligence struck them as "likely overstated".
ShoreCap upgrades JTC to 'buy' after share price weakness
Analysts at ShoreCap upgraded their recommendation for shares of fund administration services outfit JTC to 'buy' in the wake of recent weakness in the share price.
RBC Capital Markets downgrades Abcam to ‘sector perform’
RBC Capital Markets downgraded Abcam on Tuesday to ‘sector perform’ from ‘outperform’ and cut the price target to $22 from $23 as it recommended investors take profit on bid anticipation.
JPMorgan cuts Ocado price target, puts shares on 'negative catalyst watch'
Online supermarket Ocado was under the cosh on Tuesday after JPMorgan Cazenove cut its price target on the shares to 400p from 450p and placed the stock on ‘negative catalyst watch’ into first-half results.
JPMorgan slashes Croda price target
JPMorgan Cazenove slashed its price target on Croda on Monday to 5,000p from 6,200p and retained its ‘underweight’ rating.
RBC Capital trims Travis Perkins price target
RBC Capital Markets cut its price target on Travis Perkins on Monday to 1,200p from 1,250p.