Broker Recommendations
Barclays upbeat on Prudential's new growth strategy
Prudential's share price pulled back on Thursday after its first-half results received a positive reaction from the market the previous session, though analysts at Barclays still expect the stock to rise a further 50% over the long term.
Pearson's growth potential not baked into share price, says ShoreCap
The recent weakness in Pearson's share price has been unwarranted, according to broker Shore Capital, which reiterated its 'buy' rating on the stock on Thursday.
Citi trims Quilter price target, reiterates ‘sell’ rating
Citi trimmed its price target for Quilter on Thursday to 68p from 70p and reiterated its ‘sell’ rating.
JPMorgan puts Kingfisher on 'negative catalyst watch', cuts price target
JPMorgan Cazenove trimmed its price target on shares of B&Q owner Kingfisher on Wednesday and placed them on ‘negative catalyst watch’ ahead of first-half results next month.
Berenberg still sees upside at Crest Nicholson after profit warning
Shares in Crest Nicholson were performing strongly on Tuesday as the housebuilder attempts to recover after a profit warning last week which tanked the stock price, with broker Berenberg lifting sentiment after reiterating its 'buy' rating.
Liberum singles out three 'cheap' UK stocks to buy
Liberum Capital has identified ConvaTec, Drax and Hays as three "cheap" stocks that should be considered by value-oriented investors.
Barclays upgrades Britvic to 'overweight'
Barclay has upgraded its stance on the shares of Britvic and lifted its target price by 10%, saying the "stars are aligning" for the soft drinks maker.
Barclays expects strong H1 from Tesco, raises target price
Barclays has raised its target price for shares of Tesco ahead of the retailer's first-half results next month.
Jefferies upgrades Aston Martin to buy, shares rally
Aston Martin Lagonda rallied on Friday after Jefferies lifted its stance on the shares to ‘buy’ from ‘hold’ and hiked the price target to 420p from 300p.
Things are looking up at 888, says Berenberg
Berenberg has reiterated its 'buy' rating for 888 Holdings despite the betting and gaming group disappointing the market with its recent first-half results, saying the company is "ready to de-lever" under its new chief executive officer.
JPMorgan places Ryanair on ‘positive catalyst watch’ ahead of CMD
JPMorgan Cazenove placed Ryanair on ‘positive catalyst watch’ on Thursday ahead of the airline’s capital markets day on 5 September, as it expects it to highlight the strengths of its business model and how it might achieve a circa 30% intra-European share by 2034.
RBC picks National Grid and SSE as top utility stocks
RBC has cut its target prices for a host of UK utility stocks, but highlighted networks National Grid and SSE as its top picks in the sector.
Prudential a 'buy' ahead of H1 results, says Deutsche Bank
Deutsche Bank has cut its target price for insurance giant Prudential ahead of its results next week, but said the stock is still an "attractive" investment at the current valuation.
Things are finally looking up for Hochschild Mining, says Berenberg
Berenberg has hiked its target price for the shares of precious metal producer Hochschild Mining by 30%, saying it's time to "revisit the investment case" after a tough number of years for the company.
Man Group valuation undemanding after recent sell-off, says Citi
The recent slump in Man Group's share price appears to be overdone, according to Citi, which reiterated its 'buy' rating and lifted its target price for the stock on Tuesday.
Wise 'hard to match' on price and speed, says Numis
Numis has upgraded its forecasts and retained its 'buy' stance on foreign exchange platform Wise after a stronger-than-expected start to the new financial year.
Berenberg lifts targets for Glanbia on margin growth
Berenberg has raised its target price for Glanbia after the Irish performance nutrition and food manufacturer's forecast-beating interim results last week, as strong margins make up for declining volumes.
JPMorgan picks three UK defensive stocks to watch
JPMorgan has kept its 'overweight' rating on UK-listed consumer goods and staples stocks Diageo, Reckitt Benckiser and Imperial Brands, saying the companies are "well positioned" going into the second half of the year.
Discount retailers ABF and B&M to 'outperform', says RBC
RBC Capital Markets has reiterated its positive stance on AB Foods, JD Sports, WH Smith and B&M, saying that consumer buying behaviour in the US paints a promising picture for the London-listed value retailers.
UK banking stocks are undervalued, says Shore Capital
Shore Capital has reiterated its ‘buy’ ratings on six UK-listed banking stocks, saying the market is currently pricing in a “far worse outlook”.