Broker Tips
Barclays upgrades John Laing on improving outlook
Barclays upgraded John Laing to ‘overweight’ from ‘neutral’ on Thursday as it pointed to "signs of a turn in the tide of negative news".
Liberum upgrades Asos to 'hold' after update
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.
Broker tips: IAG, IWG, Dunelm
Davy cut its rating on IAG shares to 'neutral' ahead of an imminent painful rights issue for the owner of British Airways.
Barclays starts Dunelm at ‘overweight’
Barclays initiated coverage of Dunelm shares at ‘overweight’ with a 1,425p price target on Wednesday as it highlighted its resilience and strong balance sheet.
Berenberg doubles target price on IWG
Analysts at Berenberg doubled their target price on serviced offices provider IWG from 130p to 260p on Wednesday on the back of the group's first-half results, released earlier in August.
Davy cuts IAG to 'neutral' as rights issue looms
Davy cut its rating on IAG shares to 'neutral' ahead of an imminent painful rights issue for the owner of British Airways.
Broker tips: Plus500, Rightmove
House broker Liberum hiked its price target on shares of Plus500 to 1,950p from 1,680p following a "record-breaking" set of results.
Liberum hikes Plus500 price target after 'record' H1 results
House broker Liberum hiked its price target on shares of Plus500 to 1,950p from 1,680p following a "record-breaking" set of results.
Rightmove shares 'still too expensive', says RBC Capital Markets
Analysts at RBC Capital Markets raised their target price on real estate firm Rightmove from 440. 0p to 520. 0p on Tuesday, stating the group's 40% premium was "still too expensive".
Monday broker round-up
Ocado: Barclays downgrades to underweight with a target price of 1,600p.
Broker tips: XP Power, Ocado, Hastings
Analysts at Berenberg hiked their target price on power supplies manufacturer XP Power from 4,150p to 4,980p on Monday, stating the group's "impressive" first-half performance showed that it was now gaining momentum.
Berenberg hikes target price on XP Power
Analysts at Berenberg hiked their target price on power supplies manufacturer XP Power from 4,150p to 4,980p on Monday, stating the group's "impressive" first-half performance showed that it was now gaining momentum.
Barclays downgrades Ocado to 'underweight'
Barclays downgraded its recommendation on Ocado shares to ‘underweight’ from ‘equalweight’ on Monday, as it argued the company is well placed to benefit from a rise in online demand due to the coronavirus pandemic but the stock is expensive.
RBC Capital ups Hastings to ‘sector perform’ on Sampo deal
RBC Capital Markets upgraded Hastings to ‘sector perform’ from ‘underperform’ on Monday, hiking the price target to 250p from 160p after it agreed terms on a £1. 6bn takeover by a consortium led by Finnish insurer Sampo and its biggest shareholder, Rand Merchant Investment Holdings.
Broker tips: Flutter Entertainment, Ibstock
Analysts at Berenberg hiked their target price on bookmaker Flutter Entertainment from 7,000. 0p to 10,400. 0p on Friday but said they were still "sitting on the bench" when it came to the stock for now as their 'hold' rating was reiterated.
Hargreaves Lansdown faces headwinds, Shore and Jefferies say
Hargreaves Lansdown's results were positive but the company faces tougher times ahead, Shore Capital and Jefferies said.
Berenberg raises target price on Flutter Entertainment but stays at 'hold'
Analysts at Berenberg hiked their target price on bookmaker Flutter Entertainment from 7,000. 0p to 10,400. 0p on Friday but said they were still "sitting on the bench" when it came to the stock for now as their 'hold' rating was reiterated.
Canaccord lowers target price on Ibstock
Analysts at Canaccord Genuity lowered their target price on brick maker Ibstock from 213. 0p to 186. 0p on Friday, stating it was still waiting for operational leverage to the upside.