Broker Recommendations
Ball Aerospace buy puts BAE in solid position, says Shore Capital
BAE Systems was trading with heavy losses on Thursday after the news that it has acquired Ball Aerospace – a move which broker Shore Capital viewed as a vote of confidence for the wider defence industry.
Canaccord sees huge upside at CAB Payments
Canaccord Genuity expects shares of CAB Payments to more than double from current levels, as it kicked off coverage of the stock with a ‘buy’ rating.
Trainline's discount to the market "unwarranted", says Shore Capital
Trainline is being undervalued by the market, according to broker Shore Capital, which sees huge upside for shares of the rail and coach booking platform.
Just Group to 'outperform' after H1 beat
RBC Capital Markets sees significant upside in the shares of retirement financial services firm Just Group after the company smashed expectations with its first-half results.
M&S shares have further to run, says Shore Capital
Shares in Marks & Spencer jumped on Tuesday after the high street retailer lifted guidance for the year, which house broker Shore Capital said should result in a significant upgrade to consensus forecasts.
Berenberg cuts Lancashire target, but keeps at 'buy'
Berenberg has reduced its target price for the shares of Lancashire Holdings, but has maintained its positive stance on the Bermuda-based insurance group.
Berenberg ups target for OSB despite H1 woes
The recent rebound in shares of OneSavings Bank (OSB) could have further to run, according to Berenberg, which upped its target price on the stock on Friday.
Shore Capital upgrades Capita to 'buy', sees 50% upside
The share price of Capita was given a much-needed boost on Friday morning after Shore Capital upgraded its rating on the business process outsourcing company from 'hold' to 'buy'.
Canaccord optimistic on Antofagasta's H2 output
Canaccord Genuity has maintained its 'buy' recommendation on miner Antofagasta despite the firm cutting its output forecasts on Thursday.
Major upside potential at Smith & Nephew, says Berenberg
Berenberg has kept its 'buy' rating on Smith & Nephew after the medical equipment manufacturer's first-half results last week, giving an optimistic take on its current turnaround strategy.
Spirax-Sarco shares "fully valued" after H1 miss, says Shore Capital
Shore Capital has reiterated its 'hold' stance on shares of Spirax-Sarco after the company disappointed the market with its first-half results, saying the stock is "full valued" for now.
Berenberg stays upbeat over CLS despite H1 loss
Investors had a negative reaction to CLS Holdings’ half-year results on Wednesday, but that didn’t stop broker Berenberg keeping its ‘buy’ rating on the stock.
Shore Capital sees further upside at TC ICAP after 1H beat
Shore Capital has reiterated its ‘buy’ stance on TP ICAP after the liquidity and data solutions specialist delivered a forecast-beating set of half-year results on Wednesday.
Clarkson has further upside after 1H results, Canaccord says
Canaccord Genuity has lowered its price target for Clarkson after the shipping company’s first-half results this week, but says that stock is still a ‘buy’ following recent falls.
Beazley shares on the rise as Berenberg lifts target price
Shares in non-life insurance firm Beazley gained on Tuesday after broker Berenberg raised its target price, saying that the stock’s recent underperformance “confounds reality”.
Berenberg cuts target price for Aviva, keeps at 'buy'
Analysts at Berenberg kept their recommendation for shares of Aviva unchanged at 'buy' and lowered their target price following the life insurer's adoption of the IFRS 17 accounting standard.
Canaccord Genuity trims target for Spirent Communications, keeps at 'speculative buy'
Canaccord Genuity analysts trimmed their target price for Spirent Communications, but kept their recommendation at 'speculative buy'.
Berenberg hikes target on Cranswick, expects company to outperform
Analysts at Berenberg hiked their target price for shares of Cranswick.
ShoreCap recommends using weakness to 'buy' BAE Systems shares
ShoreCap termed BAE System's latest interims "a vote of confidence" and reiterated its 'buy' recommendation on the defence contractor's shares on the back of recent weakness.
Berenberg names Chemring 'top pick' in UK defence sector
Analysts at Berenberg bumped up their target price for shares of Chemring from 360. 0p to 370. 0p, pointing out the strength of its fundamentals and labelling the shares as their 'top pick' in the UK defence space.