Broker Recommendations
Berenberg names JD Sports and Curry's among top consumer stock picks
Berenberg has said it has a positive stance UK consumer stocks heading into 2025 due to depressed valuations and improving macro trends, naming JD Sports, Curry's and Dunelm among the best picks in the sector.
RBC Capital reiterates positive outlook on W7 owner Warpaint
RBC Capital Markets reiterated its positive outlook on cosmetics firm Warpaint on Friday, saying it continues to believe the company is well positioned in the market, successfully executing on its growth strategy.
Berenberg lowers target price on Johnson Matthey
Analysts at Berenberg lowered their target price on diversified chemicals Johnson Matthey from 1,650. 0p to 1,500. 0p on Friday following the group's H125 results.
JP Morgan toasts European leisure sector
JP Morgan has adopted a positive position on European hotel and gaming stocks, including upgrading France’s Accor and reiterating its 'overweight' rating on Marston's.
JD Sports slowdown provides buying opportunity for investors, says Shore Capital
JD Sports Fashion's share price took a dive last week after a gloomy third-quarter update, but analysts at Shore Capital reckon it's a good opportunity for investors to "get a foot in the door".
RBC sees upside risk to consensus forecasts at easyJet
RBC Capital Markets has upped its target price for easyJet on the back of the budget airline's positive outlook statement in this week's annual results, saying the company is positioned for profit growth in the coming year.
Cranswick a ‘great’ business but ‘fairly valued’, says RBC Capital
RBC Capital Markets downgraded food producer Cranswick to ‘sector perform’ from ‘outperform’ on Thursday but lifted the price target to 4,900p from 4,700p as it said it was a "great" business but "fairly valued".
JPMorgan double upgrades Sainsbury’s and Tesco to ‘overweight’
JPMorgan Cazenove double upgraded Sainsbury’s and Tesco on Thursday as it took a look at the outlook for European food retail.
Berenberg slightly raises target price on Weir Group
Analysts at Berenberg slightly raised their target price on engineering giant Weir Group from 2,450. 0p to 2,500. 0p on Thursday as it said long-term value was continuing to emerge.
Higher Aviva offer might be forthcoming if Direct Line engages, says Jefferies
A higher takeover proposal from Aviva might be forthcoming, Jefferies said in a note on Thursday, as it commented on the insurer’s £3. 3bn takeover proposal for Direct Line.
Berenberg keeps 'sell' rating on Anglo after steelmaking coal exit
Anglo American's first step of its simplification plan was welcomed by investors this week with shares rising after the sale of its metallurgical coal business; but Berenberg wasn't convinced, with the broker raising concerns about its restructuring strategy.
Jefferies downgrades Boohoo to ‘hold’, slashes price target
Jefferies downgraded Boohoo on Wednesday to ‘hold’ from ‘buy’ and slashed the price target to 30p from 70p as it said "challenges persist".
RBC expects Next to beat forecasts, upgrades to 'outperform'
RBC Capital Markets has upgraded its rating for high street retailer Next from 'sector perform' to 'outperform', saying that the company should beat market current market expectations for revenue.
JPMorgan hikes Melrose Industries price target, shares surge
Melrose Industries surged on Tuesday as JPMorgan Cazenove hiked its price target on the shares to 850p from 650p and placed them on "positive catalyst watch" ahead of full-year results in March.
Canaccord Genuity lowers target price on Halfords
Analysts at Canaccord Genuity lowered their target price on automotive retailer Halfords from 146. 0p to 127. 0p on Tuesday, citing increased net interest costs.
Deutsche Bank upgrades Weir Group to 'buy'
Deutsche Bank upgraded Weir Group on Monday to ‘buy’ from ‘hold’ and upped the price target to 2,580p from 2,200p as it said it was positioned for growth.
Canaccord Genuity raises target price on Sage
Analysts at Canaccord Genuity raised their target price on software firm Sage from 970. 0p to 1,090. 0p on Friday after the group's FY24 results gave it a "feeling of déjà vu".
JPMorgan Cazenove downgrades JD Sports, slashes price target
JPMorgan Cazenove downgraded its stance on shares of JD Sports on Friday to ‘neutral’ from ‘overweight’ following results a day earlier.
Berenberg starts coverage of Clarksons at ‘buy’, shares rally
Clarksons shares rallied on Friday as Berenberg started coverage of the shipping services firm with a ‘buy’ rating and 5,075p price target.
Shore Capital stays positive on JD Sports despite weak guidance
Shares in JD Sports Fashion tumbled on Thursday after the sportswear retailer disappointed with its profit guidance, but it wasn't enough to change Shore Capital's 'buy' rating on the stock with the broker citing an undemanding valuation.