Broker Recommendations
Berenberg lowers target price on Endeavour Mining
Analysts at Berenberg lowered their target price on gold producer Endeavour Mining from 2,300. 0p to 2,100. 0p on Friday as it called 2025 the group's "Jerry Maguire moment".
Berenberg starts coverage on Dr Martens at 'buy'
Analysts at Berenberg initiated coverage on iconic bootmaker Dr Martens on Thursday with a 'buy' rating and 102. 0p price target, noting that the business had both "global appeal and clear growth potential".
Deutsche Bank upgrades Barratt Redrow to 'buy'
Deutsche Bank upgraded Barratt Redrow on Thursday to ‘buy’ from ‘hold’ following the sharp drop in the share price since last August.
Kepler upgrades Burberry, says it’s ‘time to look for the most punished names’ in luxury
Kepler Cheuvreux upgraded Burberry on Wednesday as it took a look at European luxury stocks.
Rightmove still overvalued with another REA bid unlikely, says Jefferies
The market continues to overvalue Rightmove, with the shares pricing in another takeover offer from REA Group that's unlikely to materialise, according to Jefferies, which reiterated an 'underperform' stance on the stock.
Canaccord Genuity stays at 'speculative buy' on Aurrigo International
Analysts at Canaccord Genuity reiterated their 135. 0p target price on airside solutions developer Aurrigo International on Wednesday following the group's "positive" year-end trading update a day earlier.
Berenberg nudges up target price on Admiral ahead of FY results
Analysts at Berenberg nudged up their target price on insurer Admiral Group from 3,292. 0p to 3,300. 0p on Wednesday ahead of the company's FY24 results next week.
Berenberg stays bullish on Ceres Power despite Bosch 'setback'
Shares in Ceres Power have plummeted over the past week after Bosch ended a partnership with the firm and intends to sell its stake, though Berenberg said it still sees significant value to the stock despite the "setback".
Berenberg starts coverage of Mortgage Advice Bureau at ‘buy’
Berenberg initiated coverage of Mortgage Advice Bureau on Tuesday with a ‘buy’ rating and 1,150p price target.
Canaccord Genuity lowers target price on B&M following CEO's exit
Analysts at Canaccord Genuity lowered their target price on discount retailer B&M from 545. 0p to 495. 0p on Tuesday following the surprise announcement of chief executive Alex Russo's departure and a further moderation to FY25 guidance.
Berenberg lowers target price on Anglo American
Analysts at Berenberg lowered their target price on mining giant Anglo American from 2,100. 0p to 2,000. 0p on Monday, noting that it saw "better value elsewhere" in the space.
Citi reiterates ‘buy’ on Centrica, ups price target after ‘stellar’ results
Citi reiterated its ‘buy’ rating on British Gas owner Centrica on Friday and lifted its price target to 187p from 174p following the company’s "stellar" results a day earlier.
RBC Capital Markets downgrades Conduit, slashes price target
RBC Capital Markets downgraded Conduit Holdings on Friday to ‘sector perform’ from ‘outperform’ and cut the price target to 425p from 575p.
Canaccord Genuity lowers target price on Tullow Oil
Analysts at Canaccord Genuity lowered their target price on exploration and production firm Tullow Oil from 35. 0p to 25. 0p following the group's recent trading update.
Berenberg raises target price on Shell
Analysts at Berenberg raised their target price on energy giant Shell from 3,150. 0p to 3,250. 0p on Thursday, stating the group's strategy update would drive further free cash flow growth.
Rosneft optionality makes BP ‘prime ceasefire beneficiary’, says JPMorgan
JPMorgan Cazenove upgraded BP on Thursday as it took a look at EU oil and gas stocks and considered the implications of a Russia/Ukraine ceasefire.
Canaccord Genuity reiterates 'buy' on Jet2
Analysts at Canaccord Genuity reiterated their 'buy' rating on package holidays business Jet2, noting that the group has been investing for a "high return future".
Berenberg downgrades Tate & Lyle to ‘hold’, slashes price target
Berenberg downgraded Tate & Lyle on Wednesday to ‘hold’ from ‘buy’ and slashed the price target to 600p from 900p as it said the shares were lacking a catalyst.
JPMorgan double upgrades Antofagasta to 'overweight'
JPMorgan Cazenove double upgraded Antofagasta on Wednesday to ‘overweight’ from ‘underweight’ and hiked the price target to 2,400p from 1,600p citing a positive long-term copper outlook and leading medium-term copper growth.
Canaccord Genuity lowers target price on Castings
Analysts at Canaccord Genuity lowered their target price on metal fabricator Castings from 340. 0p to 325. 0p on Thursday as it said things were "tough out there".