Broker Tips
Buy Spain as political risk is 'overstated' - Credit Suisse
Spanish equities look unusually cheap, said Credit Suisse on Tuesday, as political risk is "overstated" and the country is on track for at least 3% growth, with employment, housing and construction all on a growth tear.
Credit Suisse cuts Tate and Lyle's target price, reiterates 'neutral' rating
Ahead of Tate & Lyle's interim results on 2 November, Credit Suisse updated its forecasts and cut its target price to 710p while reiterating its 'neutral' rating.
Analysts take axe to Convatec after warning of lower profits
Convatec Group's management has lost a lot of credibility after its profit warning at the start of the week, analysts at several banks said, with ratings on the catheter and wound care specialist downgraded by HSBC, JPMorgan Chase and RBC Capital Markets.
Investec's Gordon happy with Virgin Money's stunning performance
Analysts at Investec hailed what they dubbed a "stunning" third quarter performance by Virgin Money, which they believed would lead to consensus marking-up its estimates - again.
Monday broker round-up
AstraZeneca: Credit Suisse upgrades to Outperform with a target price of 5800p.
TalkTalk slides as Barclays downgrades on lack of earnings potential
TalkTalk Telecom led the fallers in the index on Friday after it received a downgrade to ‘equal weight’ from ‘overweight’ by analysts at Barclays.
Numis reiterates 'buy' on Provident Financial
Analysts at Numis reiterated their positive stance on stock of Provident Financial, branding the door step lender's Home Collected Credit and Vanquis units as "category killers".
Renewi shares slide after Credit Suisse downgrade
Credit Suisse downgraded its rating on Renewi, the former Shanks Group, as the shares are pretty much up with events after the strong gains since its merger with Van Gansewinkel first emerged.
Friday broker round-up
Genel Energy: Deutsche Bank upgrades to Hold with a target price of 154p.
Cannacord Genuity lifts easyJet to a 'hold' after management raises guidance
Analysts at Cannacord Genuity raised their recommendation on shares of easyJet from 'sell' to 'hold', arguing that better-than-expected Summer 2017 trading would provide greater-than-expected lift for the shares.
JP Morgan sees "buying opportunity" in St.James's Place
JP Morgan spied an "attractive entry point" into shares of St. James's Place following a recent 'pull-back' in their price of between 8% and 9%.
JP Morgan Q3 profits beat estimates but provisions jump
JP Morgan reported better-than-expected third quarter profits despite a large increase in credit loss provisions and a sharp drop in markets revenues.
Burberry rallies as Mirabaud ups rating, Deutsche bumps up price target
Luxury retailer Burberry racked up healthy gains on Thursday following a rating upgrade from Mirabaud Securities and as Deutsche Bank lifted its price target on the stock.
Deutsche Banks lifts Spain stocks to 'overweight', spies lower 'break-up' risk
On a related note, analysts at Deutsche Bank raised their recommendation on Spanish stocks from an 'underweight' to an 'overweight' as - in their opinion - the tail risks of a break-up of the country had faded.
Coca-Cola HBC downgraded by Jefferies after recent outperformance
Coca-Cola Hellenic Bottling Co has been downgraded by analysts at Jefferies, with the investment banking firm reducing its rating to ‘hold’ from ‘buy’.
Wednesday broker round-up
Next: Morgan Stanley downgrades to Overweight with a target price of 4300p.
Barclays 'lacks confidence' in turnaround at Provident Financial
A turnaround in Provident Financial's home credit business does not seem likely to Barclays, which also has concerns about a looming regulatory action.
Royal Mail lifted by UBS upgrade to 'neutral'
Royal Mail got a boost on Wednesday as UBS upgraded its stance on the stock to 'neutral' from 'sell' following recent share price underperformance, which leaves it more fairly valued.
Next seen as 'deteriorating' force, Morgan Stanley downgrades shares
Next's profits are not likely to collapse, but Morgan Stanley believes the UK clothing retail giant's core business is "deteriorating" and downgraded its shares to 'underweight'.