Broker Recommendations
Berenberg slashes target price on Angle
Analysts at Berenberg slashed their target price on liquid biopsy specialist Angle from 70. 0p to 40. 0p on Thursday but said the group was "repositioned for growth" in FY25.
Canaccord Genuity nudges up target price on Greatland Gold
Analysts at Canaccord Genuity slightly raised their target price on exploration and development firm Greatland Gold from 17. 0p to 19. 0p on Tuesday as it updated its model on the stock following its December production figures.
Diploma and JTC among Berenberg's top industrial picks for 2025
Berenberg has highlighted is key picks in the UK-listed industrials sector for 2025, saying it continues to favour "quality compounders" and cyclical stocks with good exposure to a recovery in end-markets.
JPMorgan upgrades Aviva to 'overweight'
JPMorgan Cazenove upgraded Aviva on Wednesday to ‘overweight’ from ‘neutral’ and lifted the price target to 615p from 555p as it assessed the valuation upside from the Direct Line acquisition.
Canaccord Genuity slightly raises target price on MP Evans
Analysts at Canaccord Genuity raised their target price on palm oil business MP Evans from 1,350. 0p to 1,400. 0p on Tuesday, stating the group was “continuing on the right path”.
Berenberg drops target price on Essentra
Analysts at Berenberg lowered their target price on essential components manufacturer Essentra from 200. 0p to 170. 0p on Tuesday, stating it had tempered its outlook for the group’s FY25 trading performance.
Canaccord Genuity initiates coverage on Bango at 'buy'
Analysts at Canaccord Genuity initiated coverage on sales and marketing technology group Bango with a 'buy' rating and a 244. 0p per share target price on Monday.
Berenberg lowers target pice on Judges Scientific
Analysts at Berenberg lowered the target price on scientific instruments business Judges Scientific from 11,310. 0p to 10,600. 0p on Monday, citing "greater clarity" following the group's FY24 trading update.
Jefferies 'cautiously optimistic' for UK industrials in 2025
Jefferies has upgraded its rating for Spirax Group as part of its annual review of the listed UK industrials sector, while downgrading its stance on Smiths Group, XP Power and Judges Scientific.
Citi upgrades National Grid to 'buy', SSE to 'neutral'
Citi upgraded National Grid to ‘buy’ from ‘neutral’ on Monday following a period of share price underperformance, mostly driven by macro factors and flows.
Canaccord Genuity lowers target price on Everyman following profit warning
Analysts at Canaccord Genuity lowered their target price on cinema operator Everyman Media Group from 180. 0p to 160. 0p on Friday following the group's profit warning earlier in the morning.
RBC Capital cuts Taylor Wimpey price target, keeps ‘outperform’ rating
RBC Capital Markets downgraded its target price on Taylor Wimpey to 155p from 175p after its latest trading statement.
Dunelm still a good defensive play despite Q2 weakness, says Berenberg
Berenberg has reiterated its 'buy' rating for homeware retailer Dunelm despite a cool reaction to the company's trading update this week, saying it still sees the stock as a defensive investment.
Berenberg raises target price on Trustpilot
Analysts at Berenberg raised their target price on reviews website operator Trustpilot from 270. 0p to 330. 0p on Thursday following a “positive FY24 trading update” from the group earlier this morning.
Citi downgrades Primark owner AB Foods to ‘sell’ from ‘neutral’
Citi downgraded Primark owner Associated British Foods to ‘sell’ from ‘neutral’ and cut the price target to 1,770p from 2,400p.
RBC Capital downgrades Antofagasta, Anglo American
RBC Capital Markets downgraded Antofagasta and Anglo American on Wednesday to ‘underperform’ from ‘sector perform’ as it took a look at European diversified miners.
Deutsche Bank downgrades Watches of Switzerland to ‘hold’
Deutsche Bank downgraded its stance on Watches of Switzerland to ‘hold’ from ‘buy’ on Wednesday as it said it was "time to pause".
RBC Capital upgrades DCC to 'buy'
RBC Capital Markets upgraded sales, marketing and support services group DCC to ‘outperform’ from ‘sector perform’ on Wednesday and lifted the price target to 6,000p from 5,800p following recent weakness.
Goldman starts Unite Group at ‘buy’, cites strong fundamentals
Goldman Sachs initiated coverage on student accommodation landlord Unite Group on Wednesday with a ‘buy’ rating, citing strong fundamentals and an attractive valuation entry point.
Berenberg names Rio Tinto as top mining pick for 2025
Berenberg has named Rio Tinto as its top pick for 2025 among London's blue-chip diversified mining stocks ahead of what's set to be a volatile start to the year for the sector.