Broker Recommendations
Berenberg lifts Moonpig price target
Berenberg lifted its price target on Moonpig on Friday to 280p from 265p as it said the strategic initiatives implemented by management are bearing fruit.
Citi sees potential for WPP to raise shareholder value
Citi has reiterated its 'buy' call on advertising and media giant WPP after the company rejected a KKR bid to take control of its corporate PR firm FGS Global.
Deutsche Bank keeps Liontrust Asset Management at 'sell', lists negatives
Analysts at Deutsche Bank stood by their 'sell' recommendation and 600. 0p target price on shares of Liontrust Asset Management following the firm's final results published the day before.
Berenberg downgrades Anglo American, Rio Tinto
Berenberg downgraded Anglo American and Rio Tinto on Thursday as it took a look at metals and mining companies.
Jefferies double upgrades Future to ‘buy’, shares surge
Future surged on Wednesday as Jefferies upgraded the shares to ‘buy’ from ‘underperform’ and hiked the price target to 1,280p from 635p.
Berenberg says markets wrong to price in continued fall in demand at Whitbread
Analysts at Berenberg kept their recommendation for Whitbread at 'buy', arguing that markets were wrong to price in a continued drop in demand.
Citi ups target for Segro on improving macro outlook
Citi has raised its target price for Segro from 1,069p to 1,149p and reiterated a 'buy' rating, hailing the industrial real estate group's structural growth ahead of an upcoming expected fall in interest rates.
Deutsche Bank downgrades Airbus to ‘hold’ after profit warning
Deutsche Bank downgraded Airbus to ‘hold’ from ‘buy’ on Tuesday after the company cut its earnings guidance and delivery targets on Monday.
Deutsche Bank hikes Rolls-Royce price target
Deutsche Bank hiked its price target on Rolls-Royce to 555p from 465p on Tuesday as it revisited the valuation ahead of first-half results.
Berenberg upgrades Admiral to ‘buy’, shares rally
Berenberg upgraded Admiral on Tuesday to ‘buy’ from ‘hold’ and lifted the price target to 3,127p from 2,973p, citing an attractive valuation.
JPMorgan cuts L&G price target but maintains ‘overweight’
JPMorgan Cazenove slashed its price target on Legal & General on Monday to 285p from 330p as it cut its estimates significantly after the company’s June capital markets day.
Jefferies hikes target for Rolls-Royce, sees upside to medium-term targets for free cash flow
Analysts at Jefferies hiked their target price on shares of Rolls-Royce, pointing to its most recent trading update, which they said implied the potential for positive surprises as regarded the engineer's free cash flow guidance.
Deustche Bank ups target price for Mitie following strong results
Shares in facilities management and professional services company Mitie were on the rise on Monday after Deutsche Bank lifted its target price for the stock following the group's better-than-expected annual results.
Berenberg keeps Tate & Lyle at 'buy', says recent falls were overdone
The negative reaction to Tate & Lyle's proposed tie-up with US food ingredients group CP Kelco was "too extreme", according to Berenberg, which kept a 'buy' rating on the UK food and beverages group following the announcement.
JPMorgan lifts BAE Systems price target, points to ‘exciting’ list of potential new contracts
JPMorgan Cazenove lifted its price target on BAE Systems on Friday to 1,500p from 1,400p as it pointed to an exciting list of potential new contracts.
Morgan Stanley downgrades B&M to ‘underweight’
Morgan Stanley downgraded B&M European Value Retail on Friday to ‘underweight’ from ‘equalweight’ as it said like-for-like growth is slowing and it expects margins to contract year-over-year in FY25, which is a worse outlook than UK retail peers.
JPMorgan upgrades Severn Trent, United Utilities
JPMorgan Cazenove upgraded Severn Trent and United Utilities on Friday and placed both on ‘positive catalyst watch’ as it turned more positive on the UK water sector for the first time since it turned cautious in 2022.
Citi lifts target price for Rolls-Royce as rally continues
Rolls-Royce's recent share price rally has further to run, according to Citi, which lifted its target price for the stock on Friday.
Berenberg downgrades SSP to 'hold'
Berenberg downgraded its stance on shares of Upper Crust owner SSP to ‘hold’ from ‘buy’ on Thursday and cut the price target to 180p from 280p as it said first-half results outlined earnings risks.
JPMorgan slashes Spectris price target after profit warning
JPMorgan Cazenove cut its price target on Spectris on Thursday to 2,750p from 2,950p as it downgraded forecasts following the company’s profit warning a day earlier.