Broker Tips
Liberum ups Hammerson to 'hold'
Analysts at Liberum upped real estate firm Hammerson from 'sell' to 'hold', stating that facts surrounding the group had changed.
RBC Capital upgrades AB Foods to 'outperform'
RBC Capital Markets bumped up its rating on shares of Primark owner Associated British Foods to ‘outperform’ from ‘sector perform’, arguing that the stock is "overlooked and undervalued".
Broker tips: Mears, Rightmove, William Hill
Analysts at Liberum slightly dropped their target price on housing and social care provider Mears Group on Tuesday from 150. 0p to 130. 0p as the company's first-half results were largely in line with expectations.
William Hill shares surge as Jefferies says US value not priced in
William Hill shares surged on Tuesday on the back of an upbeat note from Jefferies, which lifted its price target on the buy-rated stock to 330p from 305p and said US value is not priced in.
Liberum lowers target price on Mears Group
Analysts at Liberum slightly dropped their target price on housing and social care provider Mears Group on Tuesday from 150. 0p to 130. 0p as the company's first-half results were largely in line with expectations.
Berenberg reiterates 'sell' on Rightmove
Property website Rightmove was under the cosh on Tuesday as Berenberg reiterated its ‘sell’ rating on the shares, arguing that the risk/reward is unattractive and that investors should "sell into strength".
Broker tips: Burberry, Persimmon, Synthomer
Jefferies upgraded Burberry to ‘hold’ from ‘underperform’ on Monday, lifting the price target to 1,400p from 1,250p given recent underperformance and its conviction that metrics will move sideways now rather than deteriorate.
BofA says investors giving Tesla a 'blank check', doubles target price
Analysts at Bank of America upgraded their recommendation for shares of electric vehicle manufacturer Tesla to 'neutral' in recognition that investors were in effect writing the firm a blank check to build out its manufacturing capabilities via a higher stock price.
Jefferies ups Burberry to ‘hold’ after underperformance
Jefferies upgraded Burberry to ‘hold’ from ‘underperform’ on Monday, lifting the price target to 1,400p from 1,250p given recent underperformance and its conviction that metrics will move sideways now rather than deteriorate.
Berenberg raises target price on Synthomer
Analysts at Berenberg raised their target price on chemicals group Synthomer from 330. 0p to 370. p on Monday, stating the company's mix following its acquisition of Omnova in April was "surprisingly resilient".
Davy upgrades Persimmon on 'impressive' Covid response
Davy upped its stance on shares of housebuilder Persimmon to ‘neutral’ from ‘underperform’ on Monday following the company’s "impressive" response to the Covid-19 crisis.
Broker tips: Codemasters, Domino’s Pizza
Analysts at Berenberg hiked their target price on video games developer Codemasters from 400. 0p to 480. 0p on Friday, stating the group presented a "substantial" discount to peers.
Berenberg raises target price on Codemasters
Analysts at Berenberg hiked their target price on video games developer Codemasters from 400. 0p to 480. 0p on Friday, stating the group presented a "substantial" discount to peers.
Citi cuts Domino's to 'sell', says risk/reward skewed to downside
Citi downgraded its recommendation on shares of Domino’s Pizza to ‘sell’ from ‘neutral’ on Friday, with a 290p price target, as it said the risk/reward is more skewed to the downside.
Broker tips: Asos, John Laing, Softcat
Liberum upped its stance on shares of online retailer Asos to ‘hold’ from ‘sell’ on Thursday following the company’s upbeat update a day earlier, hiking the price target to 5,000p from 2,450p.
Berenberg downgrades Softcat, reiterates 'buy' on Computacenter
Berenberg downgraded its stance on IT infrastructure provider Softcat to ‘hold’ from ‘buy’ on Thursday as it highlighted an uncertain outlook.
JP Morgan reiterates 'top pick' rating on Just Eat
Analysts at JPMorgan reiterated their 'top pick' rating on food delivery giant Just Eat on Thursday, stating the group's first-half results confirmed the "continued strong trading momentum" they had expected.