Broker Recommendations
Jefferies lowers target price on Life Science REIT
Jefferies cut its price target on real estate investment trust Life Sciences REIT from 45. 0p to 36. 0p following a visit to the group's Cambourne Science & Technology Park.
Berenberg hikes target price on Grafton
Analysts at Berenberg hiked their target price on building materials company Grafton from 1,100. 0p to 1,200. 0p on Friday, citing an "attractive opportunity".
RBC Capital upgrades Bunzl to ‘sector perform’
RBC Capital Markets upgraded Bunzl on Thursday to ‘sector perform’ from ‘underperform’ and lifted the price target to 3,350 from 2,700p as revenue headwinds ease.
RBC Capital upgrades Close Brothers to 'outperform', shares surge
Close Brothers surged on Thursday as RBC Capital Markets upgraded the shares to ‘outperform’ from ‘sector perform’ and hiked the price target to 620p from 375p, citing a number of potential catalysts.
Canaccord Genuity starts Braemar off at 'buy'
Analysts at Canaccord Genuity initiated coverage on shipbroking services firm Braemar with a 'buy' rating and 410. 0p target price on Wednesday, stating it was "all aboard for the super cycle".
Shore Capital hails "another ray of light" at GSK after Zantac litigation update
Shore Capital has reiterated its 'buy' rating on GSK after the biopharma giant's latest update about its ongoing Zantac litigation, saying that the stock's valuation is still undemanding compared with the wider market.
Citi upgrades Direct Line to ‘buy’
Citi upgraded Direct Line Insurance on Wednesday to ’buy’ from ‘neutral’ and lifted the price target to 223p from 208p.
Citi downgrades Kingfisher to ‘neutral’
Citi downgraded Kingfisher to ‘neutral’ from ‘buy’ on Wednesday as it cited limited scope for near-term upgrades.
Berenberg raises target price on Flutter following 'exceptional' Q2 results
Analysts at Berenberg raised their target price on bookmaker Flutter from 18,600. 0p to 18,800. 0p on Tuesday following the group's "exceptional" second-quarter results.
Jefferies reiterates positive stance on UK housebuilders
Jefferies reiterated its positive stance on UK housebuilders on Tuesday, saying it still sees considerable upside potential to share prices from the improving rate environment and government changes to planning.
Deutsche Bank downgrades Primark owner AB Foods to 'sell'
Associated British Foods slumped on Tuesday as Deutsche Bank downgraded its rating on shares of the Primark owner to ‘sell’ from ‘hold’ and cut the price target to 2,190p from 2,290p.
Jefferies keeps 'underperform' rating on Bunzl despite strong H1
Bunzl shares surged to an all-time high on Tuesday after a stronger-than-expected set of half-year results and a new share buyback programme, but that wasn't enough to change Jefferies' negative view on the stock.
JPMorgan lifts Segro price target
JPMorgan Cazenove upped its price target on Segro on Thursday to 1,050p from 1,000p as it reassessed the outlook for the company following first-half results.
Berenberg hikes target price on Derwent London
Analysts at Berenberg raised their target price on property investment and development business Derwent London from 2,494. 0p to 2,700. 0p on Thursday, stating the group's improving outlook should drive performance.
Jefferies upgrades Admiral to ‘hold’
Jefferies upgraded Admiral on Thursday to ‘hold’ from ‘underperform’ and lifted the price target to 3,025p from 2,300p as it upped its earnings per share forecasts.
Canaccord Genuity lowers target price on Agronomics
Analysts at Canaccord Genuity lowered their target price on agriculture investment business Agronomics from 20. 0p to 17. 5p on Wednesday after the group's latest net asset value update showed a modest reduction its NAV/share ratio.
Jefferies upgrades Victrex to ‘hold’ on valuation
Jefferies upgraded Victrex on Wednesday to ‘hold’ from ‘underperform’ "purely" on valuation grounds.
RBC Capital lifts price target on Admiral, reiterates ‘outperform’
RBC Capital Markets lifted its price target on Admiral on Wednesday to 3,550p from 3,400p and reiterated its ‘outperform’ rating.
JPMorgan stays positive on BT, downplays Sky deal with CityFibre
JPMorgan has reiterated its 'outperform' rating on BT Group despite competition concerns hitting the stock following the announcement that Sky has signed a wholesale deal with CityFibre.
UBS downgrades Segro, cites weaker outlook for logistics rental growth
UBS downgraded Segro on Tuesday to ‘neutral’ from ‘buy’ and cut the price target to 985p from 1,045p due to a weaker outlook for logistics rental growth.