Broker Recommendations
RBC Capital upgrades Ashtead to ‘outperform’, hikes price target
RBC Capital Markets upgraded equipment rental firm Ashtead on Tuesday to ‘outperform’ from ‘sector perform’ and hiked the price target to 7,450p from 5,200p.
ShoreCap upgrades rating for Discoverie but sees better value elsewhere
Shares in DiscoverIE jumped on Tuesday after interim results from the electrical components group impressed, with the stock given an additional boost from Shore Capital which lifted its recommendation from 'sell' to 'hold'.
Berenberg raises target price on Direct Line following Aviva takeover bid
Analysts at Berenberg raised their target price on Direct Line Insurance from 215. 0p to 270. 0p on Tuesday following Aviva's non-binding 250. 0p per share offer for the group.
Deutsche Bank upgrades Burberry, AB Foods, Kering
Deutsche Bank upgraded Burberry, Associated British Foods and Gucci owner Kering on Monday as it took a look at consumer discretionary and luxury goods.
Berenberg lowers target price on GSK
Analysts at Berenberg lowered their target price on drugmaker GSK from £18. 20 to £16. 00 on Monday after hosting chief financial officer Julie Brown at its 2024 Pharma CFO series.
Canaccord Genuity predicts big upside at PensionBee
Canaccord Genuity has initiated coverage of personal pension scheme provider PensionBee with a 'buy' rating, viewing the investment as "the ultimate high-growth pension stock".
RBC Capital downgrades Persimmon, Vistry
RBC Capital Markets upgraded Barratt Redrow and Crest Nicholson on Monday but downgraded Persimmon and Vistry as it took a look at UK housebuilders.
Citi reiterates 'buy' rating on BAE Systems
Citi reiterated its ‘buy’ recommendation on BAE Systems on Monday after the shares slumped on Friday on the back of a downgrade by Bank of America Merrill Lynch.