Broker Recommendations
Berenberg lowers target price on Greggs, stays at 'buy'
Analysts at Berenberg lowered their target price on bakery chain Greggs from 3,420. 0p to 3,250. 0p on Thursday following the group's FY24 earnings earlier in the week.
Berenberg lowers target price on Impax Asset Management
Analysts at Berenberg lowered their target price on Impax Asset Management from 470. 0p to 440. 0p on Wednesday following the group's trading update earlier in the morning.
RBC Capital starts Moonpig at ‘outperform’, shares rally
Moonpig surged on Wednesday as RBC Capital Markets initiated coverage of the stock with an ‘outperform’ rating and 310p price target.
Berenberg bumps up target price on Rightmove
Analysts at Berenberg raised their target price on Rightmove from 775. 0p to 795. 0p on Tuesday following the group's FY24 results last week.
Berenberg reiterates 'buy' rating on WH Smith
Analysts at Berenberg reiterated their 'buy' rating and 1,600. 0p target price on retailer WH Smith on Monday as it said the group's potential high street exit looked "sensible".
JP Morgan hikes targets for defence stocks on European spending hopes
JPMorgan has hiked target prices across the listed European defence sector by an average 25% on the back of an anticipated "rearmament cycle" across the continent.
Jefferies downgrades Howden Joinery to ‘hold’
Jefferies downgraded Howden Joinery on Monday to ‘hold’ from ‘buy’ and slashed the price target to 854p from 1,020p as it said there are limited factors to distract from demand jitters.
Deutsche Bank upgrades Diageo to ‘hold’
Deutsche Bank upgraded Diageo on Monday to ‘hold’ from ‘sell’ as it said that its unchanged price target of 2,020p now suggests just 6. 6% downside.