Broker Recommendations
JPMorgan reiterates ‘overweight’ on Whitbread
JPMorgan Cazenove reiterated its ‘overweight’ rating on Whitbread on Friday as it said it continues to be one of its key convictions, and sees the recent pullback - the shares are down 20% year-to-date - as "an opportunity to revisit the story".
Jefferies reiterates 'buy' on National Grid, trims price target
Jefferies trimmed its price target on National Grid on Friday as it reiterated its ‘buy’ rating on the energy infrastructure firm.
RBC Capital lifts Centrica to ‘outperform’, shares rally
RBC Capital Markets upgraded Centrica on Friday to ‘outperform’ from ‘sector perform’ and lifted the price target to 170p from 145p.
JP Morgan stays at 'overweight' on EasyJet even as supply-demand balance returns
Analysts at J. P. Morgan sounded a positive note on shares of Easyjet following the recent share price weakness that had taken them back to the levels last seen during the previous month of December.
Canaccord lifts Trainline target price, talks down nationalisation concerns
Canaccord Genuity has hiked its target price for booking platform Trainline from 428p to 455p and kept a 'buy' rating, quashing concerns around rail nationalisation speculation that has been weighing on the shares for some time.
Berenberg upgrades Currys to ‘buy’
Berenberg upgraded Currys on Thursday to ‘buy’ from ‘hold’ and lifted the price target to 90p from 67p as it said the electricals retailer was "a sound way to play the expected improvement in UK retail demand".
Jefferies downgrades Anglo American to 'hold'
Jefferies downgraded Anglo American to ‘hold’ from ‘buy’ on Thursday and slashed the price target to 2,700p from 3,200p after BHP abandoned its £39bn pursuit of the London-listed miner as the deal structure couldn’t be resolved.
Jefferies raises target price for Softcat
Analysts at Jefferies reiterated their 'buy' recommendation on shares of Softcat, following the latest trading update out of the IT infrastructure and services provider.
Deutsche Bank keeps Legal & General at 'buy' on potential Cala sale
Deutsche Bank has reiterated its 'buy' call for financial services and asset management company Legal & General following news of a potential sale of Cala Homes.
JP Morgan sees lower political risk in Mexico for Fresnillo, stays 'overweight'
Analysts at JP Morgan sounded a confident note on the outlook for precious metals miner Fresnillo ahead of the next presidential elections in Mexico.
Deutsche Bank stays at 'buy' on Mitchells & Butlers on improved outlook for costs
Analysts at Deutsche Bank placed a 'buy' recommendation on shares of Mitchells and Butlers following the pub owner's latest set of interim results.
Goldman Sachs downgrades Fevertree to 'sell'
Goldman Sachs downgraded Fevertree to ‘sell’ from ‘neutral’ on Tuesday and cut the price target to 1,050p from 1,075p.
Jefferies has 'renewed confidence' for LSEG, hikes target price
Jefferies has hiked its target price for London Stock Exchange Group (LSEG) from 1,110p to 1,150p and maintained a 'buy' rating, saying it sees "clear upside risk to consensus".
Citi upgrades Mondi to 'buy'
Citi upgraded its stance on Mondi on Friday to ‘buy’ as it said that after a difficult couple of years, the market headwinds of destocking and lower pricing are reversing across the packaging company’s product segments (board, flexibles, paper).
Berenberg raises target price on BT Group following FY results
Analysts at Berenberg raised their target price on telco giant BT Group from 135. 0p to 155. 0p on Friday, stating the group was now past the free cashflow trough.
Berenberg ups target price on Integrafin
Analysts at Berenberg raised their target price on Integrafin shares from 360. 0p to 390. 0p on Thursday following the group's interim results a day earlier.
JPMorgan double upgrades Unilever to ‘overweight’
JPMorgan Cazenove double-upgraded Unilever on Thursday to ‘overweight’ from ‘underweight’ and hiked the price target to 5,100p from 3,600p after several years of caution on the equity story.
Berenberg re-initiates coverage of Weir at ‘buy’
Berenberg re-initiated coverage of Weir Group on Wednesday with a ‘buy’ rating and 2,600p price target as it argued the engineering firm is a "structural winner".
Jefferies cuts rating on Assura to 'hold'
Jefferies has trimmed both its rating and price target on Assura, the specialist UK property developer and investor.
Berenberg hikes target price on Kainos
Analysts at Berenberg hiked their target price on software firm Kainos from 1,260. 0p to 1,415. 0p on Tuesday, citing "resilient profits" and a "positive outlook".