Broker Recommendations
Berenberg raises target price on FirstGroup following site visit
Analysts at Berenberg raised their target price on transport group FirstGroup from 170. 0p to 185. 0p on Monday, saying a recent depot visit had reaffirmed their positive view of the business.
Exane names Flutter as top pick in gaming sector
Exane BNP Paribas has named Flutter Entertainment as its top pick in the gaming sector ahead of third-quarter earnings season after a recent rough patch for the industry.
Canaccord Genuity slightly lowers target price on Atlantic Lithium
Canaccord Genuity lowered its target price on exploration and development firm Atlantic Lithium from 80. 0p to 75. 0p on Friday after the Ghanaian Government awarded it the mining lease for the Ewoyaa lithium project.
Berenberg reiterates 'buy' rating on Chemring
Berenberg reiterated its 'buy' rating and 370. 0p target price on aerospace and defence firm Chemring on Friday after the company flagged a potential delay to a countermeasures shipment last month.
BofA lifts forecasts for IHG after strong Q3
Bank of America has lifted its target price for shares of hotels group IHG after a stronger-than-expected third-quarter performance, saying that the stock is too cheap compared to the wider sector.
Israel conflict to hit profits for Wizz Air, says Barclays
Barclays has slashed its target price for low-cost airline Wizz Air on the back of rising geopolitical tensions in Israel, which it says will dent profits this year.
Canaccord Genuity places Saietta under review
Canaccord Genuity put its rating on engineering company Saietta 'under review' on Thursday following the publication of the group's full-year results.
BofA ML reiterates 'buy' on Rightmove as shares tumble
Bank of America Merrill Lynch reiterated its ‘buy’ rating on Rightmove on Thursday as it awaited "further developments", after smaller rival OnTheMarket agreed to be taken over by US commercial real estate information group CoStar in a £99m deal.
Berenberg ups target price on 'top pick' Hollywood Bowl
Analysts at Berenberg raised their target price on ten-pin bowling centres operator Hollywood Bowl from 370. 0p to 400. 0p on Thursday, citing the group's "record results".
Spectris share price has further to fall, says JPMorgan
Industrial equipment manufacturer Spectris's recent share price falls are not done yet, according to JPMorgan, which reiterated its 'underweight' position on the stock on Thursday.
Citi downgrades Wizz Air, Lufthansa
Citi downgraded Wizz Air and Lufthansa on Wednesday as it took a look at the airline sector.
Berenberg lowers target price on Tharisa
Analysts at Berenberg lowered their target price on mining outfit Tharisa from 190. 0p to 150. 0p on Tuesday following the publication of the group's fourth-quarter production report.
Canaccord Genuity raises target price on XPS Pensions
Analysts at Canaccord Genuity upped their target price on consulting and administration business XPS Pensions Group from 251. 0p to 262. 0p on Tuesday, citing "positive momentum" that had carried over into the first half of the new trading year.
Jefferies upgrades UK water companies
Jefferies upgraded Severn Trent, United Utilities and Pennon on Monday as it took a look at the UK water sector.
Canaccord still sees "good potential upside" at Jubilee Metals
Canaccord Genuity has trimmed its target price for Jubilee Metals Group by 8% after the metals recovery company disappointed the market last week with its full-year results.
Barclays downgrades Ocado, shares slide
Ocado was under the cosh on Monday after Barclays downgraded shares of the online supermarket to ‘underweight’ from ‘equalweight’ and slashed the price target to 430p from 680p, pointing to a "particularly challenging" valuation.
Liberum cuts target price for Hays after Q1 miss
Liberum has kept a 'buy' recommendation on Hays despite the recruitment firm failing to meeting expectations with its first-quarter results, but has trimmed its target price slightly from 125p to 120p.
Shore Capital sees significant upside at hospitality group Loungers
Shore Capital has reiterated its 'buy' stance on Loungers, highlighting that the stock has not budged since its 2019 IPO despite the hospitality company having made "material progress".
Berenberg downgrades Johnson Matthey to ‘hold’
Berenberg downgraded Johnson Matthey on Thursday to ‘hold’ from ‘buy’ as it cut the price target to 1,650p from 2,200p, saying the were "interesting, but no longer compelling".
Entain and 888 worth a buy after recent falls, says JP Morgan
JP Morgan has reiterated its 'overweight' ratings on UK-listed gambling stocks Entain and 888, saying that gaming remains its preferred sub-sector within the leisure industry right now.