Broker Tips
Broker tips: Taylor Wimpey, Weir, JD Sports, Just Group
Jefferies upgraded Taylor Wimpey to ‘buy’ from ‘hold’ on Monday citing improving risk/reward.
Monday broker round-up
Flutter Entertainment: Morgan Stanley upgrades to overweight with a target price of 17,400p.
Jefferies upgrades Taylor Wimpey, downgrades Barratt
Jefferies upgraded Taylor Wimpey to ‘buy’ from ‘hold’ on Monday citing improving risk/reward and downgraded rival Barratt Developments to ‘hold’ from ‘buy’ following a strong share price performance.
Weir rallies on Morgan Stanley upgrade to 'overweight'
Engineer Weir rallied on Monday after Morgan Stanley upgraded the shares to ‘overweight’ from ‘equalweight’ and hiked the price target to 2,220p from 1,730p.
Citi stays at 'buy' Lloyds and NatWest Group, but 'neutral' towards most lenders
Analysts at Citi reiterated their 'buy' stance for shares of NatWest Group and Lloyds, but stayed at 'neutral' for most of the UK's domestic and international banks.
BofA says 'buy' Mondi, cuts Smurfit and DS Smith
Bank of America upgraded Mondi to 'buy' and cut Smurfit Kappa and DS Smith to 'hold' to take account of rising costs.
RBC Capital upgrades JD Sports, downgrades M&S
RBC Capital Markets upgraded its stance on JD Sports on Monday, but downgraded its rating on Marks & Spencer.
Peel Hunt starts Just Group at 'buy'
Broker Peel Hunt initiated coverage of Just Group on Monday with a ‘buy’ rating and 120p price target.