Broker Recommendations
Jefferies predicts turning point for Sainsbury's after Q1 slowdown
Jefferies has reiterated a 'buy' rating on J Sainsbury after the supermarket chain's trading update on Tuesday, predicting a recovery in top-line performance after a first-quarter sales slowdown disappointed the market.
JPMorgan adds National Grid to 'analyst focus list'
JPMorgan Cazenove added National Grid to its ‘analyst focus list’ on Tuesday, saying the company is well positioned to benefit from value-accretive networks growth at an attractive valuation, and with questions around the balance sheet answered after a £7bn equity raise.
RBC Capital Markets hikes target price on Bunzl
Analysts at RBC Capital Markets hiked their target price on distribution group Bunzl from 2,600. 0p to 2,700. 0p on Tuesday following the company's Q2 trading update.
JPMorgan puts Trustpilot on ‘positive catalyst watch’, shares rally
JPMorgan Cazenove placed Trustpilot shares on ‘positive catalyst watch’ on Monday ahead of the first-half trading update on 11 July, saying it expects another period of adjusted EBITDA ahead of expectations.
Berenberg upgrades British Gas owner Centrica to ‘buy’
Berenberg upgraded British Gas owner Centrica on Monday to ‘buy’ from ‘hold’ and lifted the price target to 155p from 130p.