Broker Recommendations
Numis hikes Spirent Communications target price, upgrades to ‘buy’
Numis hiked its price target on Spirent Communications on Tuesday to 155p from 95p on the back of upgraded forecasts.
Berenberg slightly lowers target price on Compass
Analysts at Berenberg lowered their target price on contract food service company Compass Group from 2,385. 0p to 2,320. 0p on Tuesday but said its "strong operating profit growth" looked set to continue.
Morgan Stanley upbeat for utilities in 2024
Morgan Stanley has reiterated its ‘overweight’ recommendations for SSE and Severn Trent, on expectations European utilities will outperform in 2024.
Berenberg slashes target price on Anglo American
Analysts at Berenberg slashed their target price on multinational mining group Anglo American from 2,000. 0p to 1,500. 0p on Monday, stating its recent update left "a lot to answer".
Citi lifts Rolls-Royce price target after CMD
Citi lifted its price target on Rolls-Royce on Monday to 431p from 294p as it increased its forecasts after the engine maker’s capital markets day.
RBC Capital downgrades Imperial Brands, slashes price target
RBC Capital Markets downgraded Imperial Brands on Friday to ‘sector perform’ from ‘outperform’ and slashed the price target to 1,800 from 2,200p on the back of strong outperformance relative to British American Tobacco.
Berenberg raises target price on Moonpig following interims
Analysts at Berenberg raised their target price on online greeting card and gifting platform operator Moonpig from 250. 0p to 265. 0p on Friday, stating it was "playing the right cards for growth".
eEnergy enters into new contract with Utility Data Intelligence
Energy services provider eEnergy said on Friday that it has entered into a new contract with Utility Data Intelligence for the provision of bureau services.
Goldman upgrades Sainsbury on market share gains and pricing power
Shares in J Sainsbury jumped on Friday after analysts at Goldman Sachs upgraded their rating on the supermarket stock on the back the company's strengthened position amid an improving inflation outlook.
BP's share price undervalues its potential, says RBC
RBC Capital Markets has reiterated its 'outperform' rating on BP, saying that energy giant's current share price is undervaluing the business.
JP Morgan cuts IAG to 'underweight'
Analysts at JP Morgan downgraded British Airways parent company International Consolidated Airlines Group from 'neutral' to 'underweight' on Thursday as it turned "more cautious" on the sector.
Deutsche Bank slashes Burberry estimates on weaker demand outlook
Deutsche Bank has slashed target prices across the luxury sector, including for UK-listed Burberry, warning that demand is like to "remain challenging" in early 2024.
Canaccord Genuity downgrades Ashtead Technology to 'hold'
Analysts at Canaccord Genuity downgraded subsea equipment rental group Ashtead Technology to 'hold' from 'buy' on Friday but hiked its target price on the stock from 475. 0p to 615. 0p following what it called "the big one".
RBC Capital starts 3i Group at ‘outperform’
RBC Capital Markets initiated coverage of private equity firm 3i Group on Wednesday with an ‘outperform’ rating and 2,550p price target.
JP Morgan upgrades Ocado ahead of internet sector "revival"
JP Morgan has upgraded its ratings for Ocado after reviewing its coverage of European internet stocks, saying that the sector's "revival is taking shape" after two years of struggle.
Canaccord Genuity lowers target price on Pod Point following CMD
Analysts at Canaccord Genuity lowered their target price on electric vehicle charging solutions provider Pod Point from 70. 0p to 60. 0p on Tuesday following the group's maiden capital markets day in November.
Goldman upgrades Landsec, British Land
Goldman Sachs upgraded Land Securities and British Land on Tuesday as it took a look at the European real estate sector.
Berenberg highlights gold mining picks as prices hit record
With bullion prices rising to a record $2,100 an ounce this week, broker Berenberg has highlighted its top 'buys' across the UK-listed gold mining sector.
AT&T's OpenRAN acceleration should benefit Spirent and Calnex, says Canaccord
Canaccord Genuity has reiterated its 'buy' ratings on Spirent and Calnex, saying the announcement by AT&T to commit $14bn to accelerate OpenRAN in the US "should rub off positively" on the UK-listed tech firms.
Barclays downgrades Auction Technology to ‘equalweight’
Barclays downgraded Auction Technology on Tuesday to ‘equalweight’ from ‘overweight’ and slashed the price target to 600p from 880p.