Broker Recommendations
Canaccord moves Base Resources to 'speculative buy'
Canaccord Genuity moved its rating on Base Resources from 'buy' to 'speculative buy' on Tuesday as the group continues its transition from a producer to a developer.
Citi ups Centrica price target, reiterates ‘buy’
Citi reiterated its ‘buy’ rating on Centrica on Tuesday and lifted the price target to 180p from 155p, saying it was attractive relative to the sector.
JPMorgan downgrades IHG, keeps Whitbread as top hotels pick
JPMorgan says Premier Inn owner Whitbread remains its top pick in the European hotels sector, as it downgraded its stance on IHG from 'neutral' to 'underweight'.
Barclays upgrades Rolls-Royce to 'overweight'
Barclays has raised its stance on engineering giant Rolls-Royce from 'equal weight' to 'overweight' after recent weakness in the share price.
Canaccord Genuity raises target price on Kodal Minerals
Analysts at Canaccord Genuity raised their target price on exploration and development firm Kodal Minerals from 1. 50p to 1. 65p on Monday following the group's new agreement with joint venture partner Hainan Mining to complete the financing package for its Bougouni lithium project.
Short European banks, says JPMorgan
JPMorgan Cazenove advised investors to short European banks on Monday, as it downgraded the sector to ‘underweight’ from ‘neutral’.
Berenberg upgrades Rightmove, says selloff overdone
Berenberg upgraded Rightmove on Monday to ‘buy’ from ‘hold’ as it said the selloff since the OnTheMarket/CoStar deal was announced was overdone.
Citi downgrades AJ Bell to ‘neutral’
Citi downgraded AJ Bell to ‘neutral’ from ‘buy’ on Monday, saying it was awaiting "a better entry point".
JPMorgan upgrades Trainline to 'overweight'
Trainline surged on Friday as JPMorgan Cazenove lifted the shares to ‘overweight’ from ‘neutral’ and upped the price target to 300p from 295p, pointing in part to an attractive valuation.
Canaccord Genuity reiterates 'buy' rating on Trainline ahead of interims
Analysts at Canaccord Genuity reiterated their 'buy' rating on online ticket retailer Trainline on Friday ahead of the group's interim results on 2 November.
Berenberg downgrades Reckitt to 'hold'
Analysts at Berenberg downgraded personal care group Reckitt Benckiser on Friday from 'buy' to 'hold', saying it was now "difficult to identify a catalyst".
Berenberg stays at 'hold' on Lloyds Banking
Analysts at Berenberg reiterated their 'hold' rating and 58. 0p target price on financial services giant Lloyds Banking Group on Thursday, stating it still sees better opportunities elsewhere.
Deutsche Bank lowers target price on Ibstock
Analysts at Deutsche Bank lowered their target price on brick maker Ibstock from 170. 0p to 150. 0p on Thursday following the publication of the group's third-quarter trading update.
Canaccord Genuity reiterates 'buy' rating on IG Design
Analysts at Canaccord Genuity reiterated their 'buy' rating on consumer products manufacturer IG Design Group on Wednesday, saying the firm's interim trading update detailed "a robust financial performance" in what remain "challenging market conditions".
Berenberg lowers target price on Anglo American
Analysts at Berenberg cut their target price on Anglo American on Wednesday from 2,600. 0p to 2,500. 0p, saying the miner's third-quarter production results had sparked "little joy".
Canaccord Genuity slashes target price on CAB Payments
Analysts at Canaccord Genuity slashed their target price on payment processing and foreign exchange business CAB Payments from 585. 0p to 246. 0p on Tuesday after the group's "surprise and significant" negative trading update.
JPMorgan puts Kingfisher on ‘negative catalyst watch’, cites weaker French outlook
JPMorgan Cazenove reiterated its ‘underweight’ rating on B&Q owner Kingfisher on Tuesday as it placed the shares on ‘negative catalyst watch’ ahead of the third-quarter trading update next month.
ShoreCap downgrades Pets at Home to 'hold'
Shore Capital has slashed its rating on pet supplies retailer Pets at Home from 'buy' to 'hold' due to operational challenges and the ongoing regulatory investigation of its vet business.
Barclays upgrades Rio Tinto on improving iron ore outlook
Barclays has upgraded mining group Rio Tinto from ‘neutral’ to ‘overweight’ after taking a more positive view on iron ore.
Canaccord Genuity moves Mission Group to 'speculative buy'
Analysts at Canaccord Genuity downgraded advertising agency The Mission Group from 'buy' to 'speculative buy' on Monday and cut the target price on the stock from 61. 0p to 55. 0p, citing a dip in demand.