Broker Recommendations
Citi hikes Hikma price target, cites ‘healthy trends’ for injectables and US Generics
Citi lifted its price target on Hikma Pharmaceuticals on Tuesday to 2,845p from 2,770p as it said IQVIA April data highlighted "healthy trends" for injectables and US Generics.
Citi sees near-term upside for FirstGroup despite rail renationalisation plans
Citigroup has said that the Labour Party's plans to renationalise the railways could offer some near-term upside for transport firm FirstGroup despite recent concerns.
JPMorgan reinstates ‘overweight’ rating on DCC
JPMorgan Cazenove reinstated coverage of DCC on Thursday with an ‘overweight’ rating and 6,700p price target.
Berenberg starts coverage of Haleon at 'buy'
Berenberg initiated coverage of consumer health company Haleon on Wednesday with a ‘buy’ rating and 407p price target.
Berenberg upgrades Taylor Wimpey to 'buy'
Berenberg has upgraded Taylor Wimpey to ‘buy’ following a review of UK housebuilders ahead of next month’s general election.
Future's stock has further to run, says JPMorgan
JPMorgan has recommended keeping an 'overweight' position in shares of Future despite the huge jump in the British publisher's stock over the past year, saying the investment case is still "compelling" at these levels.
Citi opens 90-day ‘positive catalyst watch’ on Pearson shares
Citi opened a 90-day "positive catalyst watch" on Pearson shares on Wednesday as it pointed to an attractive risk/reward.
Stifel lifts Melrose Industries price target, profit forecast
Melrose Industries rallied on Tuesday as Stifel lifted its price target on the shares to 700p from 690p and upped its profit forecast.
Berenberg upgrades Future to ‘buy’, hikes price target
Berenberg upgraded Future on Tuesday to ‘buy’ from ‘hold’ and hiked the price target to 1,310p from 850p following "positive" first-half results, which indicated that organic growth has troughed.
Shore Capital downgrades Auto Trader to 'sell'
Shore Capital has cut its recommendation for online car marketplace Auto Trader from 'hold' to 'sell', saying the stock's valuation is now stretched following a decent run in recent months.
Liberum upgrades Pets at Home to 'buy', shares surge
Pets at Home rallied on Monday as Liberum upgraded its stance on the shares to ‘buy’ from ‘hold’ and lifted the price target to 360p from 290p.
Citi upgrades National Grid, cites attractive risk/reward
Citi upgraded National Grid on Monday to ‘buy’ from ‘neutral’ and lifted the price target to 985p from 920p as it cited an attractive risk/reward.
JPMorgan upgrades St James’s Place, Quilter to ‘overweight’
JPMorgan Cazenove upgraded St James’s Place and Quilter to ‘overweight’ from ‘neutral’ on Monday as it took a look at UK wealth managers.