Broker Recommendations
Canaccord Genuity moves Spirent Communications to 'speculative buy'
Over at Canaccord Genuity, analysts upgraded telecommunications testing company Spirent Communications from 'hold' to 'speculative buy' on Wednesday following the group's H1 trading update a day earlier.
Berenberg upgrades Frontier Developments to 'buy'
Analysts at Berenberg upgraded video games business Frontier Developments from 'hold' to 'buy' on Wednesday and hiked their target price on the stock from 300. 0p to 330. 0p, stating the group's pipeline had now de-risked the equity story.
RBC Capital downgrades Endeavour Mining to ‘sector perform’
RBC Capital Markets downgraded Endeavour Mining on Tuesday to 'sector perform' from ‘outperform' given its cautious view around rising operational and geopolitical risk, which it noted comes amid significant management changes this year.
Berenberg cuts target price on YouGov following FY24 update
Analysts at Berenberg slashed their target price on market research and analytics firm YouGov from 1,200. 0p to 810. 0p on Tuesday morning following the group's FY24 trading update.
JPMorgan hikes price target on Rolls-Royce
Rolls-Royce rallied on Tuesday as JPMorgan Cazenove hiked its price target on the stock to 535p from 475p "after another set of strong results".
Berenberg raises target price Ecora Resources
Analysts at Berenberg updated their investment model on Ecora Resources on Monday and hiked their target price on the stock from 140. 0p to 150. 0p following the release of an updated feasibility study on the Santo Domingo project in Chile.
JPMorgan reinstates coverage on Serco at ‘overweight’
JPMorgan Cazenove reinstated coverage on Serco on Monday with an ‘overweight’ rating and a target price of 215p.
Berenberg hikes target price on Coats following H1 numbers
Analysts at Berenberg raised their target price on thread and structural components manufacturer Coats Group from 100. 0p to 120. 0p on Friday as it said the group was "knitting it all together" during H1.
Citi adds Ryanair to ‘Europe Focus List’
Citi added Ryanair to its ‘Europe Focus List’ on Friday and opened a 90-day ‘positive short-term view’.
RBC Capital reiterates ‘outperform’ on ITM Power
RBC Capital Markets reiterated its ‘outperform’ rating on ITM Power on Friday as it pointed to a "relatively attractive" risk/reward profile.