Broker Recommendations
Berenberg slashes YouGov price target
Berenberg slashed its price target on YouGov on Thursday to 1,200p from 1,350p after the company warned that full-year profits and revenue will be lower than expected due to slow demand in its data products division.
Berenberg hikes target price for Oxford Instruments
Berenberg has hiked its price target for shares of Oxford Instruments by 12% and reiterated a 'buy' rating, saying that the stock still trades at a significant discount to others in the sector despite strong growth momentum.
Jefferies lifts Hargreaves Lansdown price target, cuts to ‘hold’
Jefferies lifted its price target on Hargreaves Lansdown on Wednesday to 1,140p from 1,035p but cut the rating to ‘hold’ from ‘buy’ after the investment platform said a day earlier that it would recommend a 1,140p a share takeover offer from a consortium led by CVC.
CMC Markets valuation too 'generous', says Canaccord Genuity
Analysts at Canaccord Genuity reiterated their 'sell' recommendation for shares of CMC Markets, arguing that their valuation was too "generous".
Bellway takeover might be best option for Crest Nicholson, says RBC
RBC Capital Markets has hiked its target price for Crest Nicholson from 175p to 250p, but kept an 'underperform' rating after the housebuilder rejected a second takeover offer from peer Bellway.
Jefferies cuts Aston Martin price target, shares slump
Jefferies cut its price target on Aston Martin Lagonda shares on Monday to 250p from 275p as it pointed to reduced earnings and delayed deleveraging.
RBC Capital continues to see ‘significant’ upside for Rentokil
RBC Capital Markets said on Monday that it continues to see "significant" upside for Rentokil Initial shares, "although clearly there is still lots to do, with peak branch integration still 12 months away".
Goldman Sachs downgrades SSP to ‘sell’, prefers WH Smith
Goldman Sachs downgraded SSP on Monday to ‘sell’ from ‘neutral’ "on a relative basis" as it took a look at European travel concessions.
Citi downgrades European equities to ‘neutral’
Citi downgraded its stance on European equities on Monday to ‘neutral’ from ‘overweight’ as it said near-term risks have increased, with markets narrowing and political uncertainty taking centre stage.
Rising freight costs shouldn't hit B&M too much, says RBC
RBC Capital Markets has said that rising freight costs shouldn't have a material impact on budget retail B&M, as it kept an 'outperform' rating on the stock.
RBC Capital Markets starts Genuit at ‘sector perform’
RBC Capital Markets initiated coverage of Genuit on Friday with a ‘sector perform’ rating and 515p price target.
Berenberg raises target price on Halma following 'good' FY results
Analysts at Berenberg hiked their target price on safety equipment business Halma from 2,295. 0p to 2,450. 0p on Friday following the group’s full-year earnings report a day earlier.
Jefferies upgrades Great Portland Estates after rights issue
Jefferies has upgraded its rating for real estate group Great Portland from 'underperform' to 'hold' in the aftermath of the company's £350m rights issue.
Berenberg lowers target price on Victrex
Analysts at Berenberg lowered their target price on high performance polymers business Victrex from 1,680. 0p to 1,491. 0p on Thursday, stating the group was "not out of the woods yet".
Jefferies trims price target, reiterates 'buy' on Whitbread
Jefferies has reiterated its ‘buy’ rating on Whitbread, on the back of the hospitality firm’s growth plans.
Canaccord Genuity moves GB Group to 'buy'
Analysts at Canaccord Genuity raised their target price on software firm GB Group from 375. 0p to 455. 0p and moved the stock from ‘speculative buy’ to ‘buy’ on Wednesday following its full-year results a day earlier.
Berenberg nudges up target price on Renew Holdings
Analysts at Berenberg raised their target price on engineering services firm Renew Holdings from 1,250. 0p to 1,200. 0p on Wednesday following the group’s capital markets day last week.
Recent fall in Flutter's stock "excessive", says JPMorgan
JPMorgan has reiterated its 'overweight' rating on gambling group Flutter Entertainment, saying that the recent drop in the shares has been "excessive".
Berenberg hikes target price on Intertek
Analysts at Berenberg hiked their target price on quality assurance business Intertek from 5,400. 0p to 5,500. 0p on Tuesday, citing faster-than-expected margin accretion.
Zantac litigation fears overdone at GSK, says Shore Capital
Volatile moves in GSK's share price are likely to persist in the near term as a result of ongoing Zantac-related litigation, but the long-term investment case is "still appealing", according to Shore Capital, which kept a 'buy' rating on the stock.