Broker Recommendations
HSBC upgrades Reckitt Benckiser to ‘buy’
HSBC upgraded Reckitt Benckiser on Wednesday to ‘buy’ from ‘hold’ and lifted the price target to 5,500p from 4,800p as it took a look at the outlook for consumer staples next year.
JPMorgan upgrades Unite, downgrades LondonMetric
JPMorgan Cazenove upgraded Unite Group but downgraded LondonMetric on Tuesday as it took a look at the outlook for European property stocks.
RBC upgrades Hikma Pharmaceuticals to 'outperform'
Analysts at RBC Capital Markets upgraded Hikma Pharmaceuticals from 'sector perform' to 'outperform' on Tuesday as it took a look at the wider European pharmaceutical and biotechnology sector.
Berenberg ups target price for BAE on promising outlook
Berenberg has lifted its target price for BAE Systems and reiterated a 'buy' rating on aerospace and defence giant, saying growth drivers for the business remain "compelling".
Goldman Sachs upgrades British Land to 'buy'
Goldman Sachs upgraded its stance on British Land on Tuesday to ‘buy’ from ‘neutral’, citing a stronger growth outlook, as it took a look at European real estate stocks.
Morgan Stanley upgrades Weir, Spirax to 'overweight'
Morgan Stanley upgraded Weir Group and Spirax on Monday as it took a look at the European capital goods sector.
Canaccord Genuity cuts target price on Touchstone Exploration
Analysts at Canaccord Genuity lowered their target price on oil and gas business Touchstone Exploration from 60. 0p to 90. 0p on Monday but said there was "still plenty of upside" to the stock despite recent changes in production guidance.
Deutsche Bank downgrades Ashtead to ‘hold’
Deutsche Bank downgraded its stance on equipment rental firm Ashtead on Monday to ‘hold’ from ‘buy’ as it said the stock was trading close to its 6,500p price target.
Shore Capital upgrades AJ Bell to ‘buy’ after share price weakness
Shore Capital upgraded AJ Bell on Monday to ‘buy’ from ‘hold’ following share price weakness.
Berenberg cuts target price on Marlowe
Analysts at Berenberg slashed their target price on business-critical services and software firm Marlowe from 710. 0p to 400. 0p on Monday following the group's interim results on 5 December.
RBC cuts target price for Berkeley, but hails long-term strategy
RBC Capital Markets has cut its target price for Berkeley Group and reiterated an 'underperform' rating, saying that while the long-term picture looks intact, it has cut its forecasts for shareholder returns.
Jefferies cuts United Utilities and Severn Trent to 'hold'
Jefferies has downgraded both United Utilities and Severn Trent from 'buy' to 'hold' ahead of this month's Ofwat final regulatory proposals, saying that the risk-reward looks more balanced at current valuations.
Deutsche Bank upgrades Admiral, Aviva to 'buy'
Admiral shot higher on Thursday as Deutsche Bank upgraded the stock to ‘buy’ from ‘hold’ and lifted the price target to 3,020p from 3,000p saying it was becoming more positive on the wider UK motor insurance space, particularly for those that are larger players such as Admiral, and those that are more disciplined.
Jefferies upgrades Diageo to 'buy'
Jefferies upgraded Diageo to ‘buy’ from ‘hold’ on Thursday and lifted the price target to 2,800p from 2,300p.
Berenberg hikes target price on Halma
Analysts at Berenberg hiked their target price on safety equipment business Halma from 2,450. 0p to 2,700. 0p on Thursday as it acknowledged the group's sustainable growth model was in action.
JPMorgan upgrades Bellway and Crest Nicholson, downgrades Taylor Wimpey
JPMorgan Cazenove upgraded Bellway and Crest Nicholson on Thursday but downgraded Taylor Wimpey as it took a look at UK housebuilders.
Canaccord Genuity nudges up target price on Greatland Gold
Analysts at Canaccord Genuity raised their target price on development and exploration firm Greatland Gold from 15. 0p to 17. 0p on Wednesday and reiterated their 'speculative buy' rating on the stock after the group completed its acquisition of the 70% of the Havieron project that it did not already own, in addition to the Telfer mine from Newmont.
BA owner IAG 'most compelling' overweight in airline sector, says JPM
BA and Iberia owner IAG flew higher on Wednesday as JPMorgan Cazenove said it was the "most compelling" overweight in the airline sector and added the stock to its Analyst Focus List and put it on "positive catalyst watch".
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'.