Broker Tips
Broker tips: Naked Wines, Jet2, Kingfisher, Essensys
Naked Wines is likely to revert to "pedestrian" growth once the pandemic subsides, Liberum said as the broker reduced its rating on the online wine merchant to 'hold'.
Berenberg ups Harbour Energy to 'hold' after shares drop
Berenberg upgraded Harbour Energy to 'hold' after a decline in the company's shares brought the oil and gas group's valuation in line with the broker's price target.
Citi upgrades B&Q owner Kingfisher to 'neutral'
Citi upgraded its stance on shares of B&Q owner Kingfisher on Thursday to ‘neutral’ from ‘sell’ as it argued that ongoing DIY strength amid extended lockdowns provides good support to current expectations.
Barclays starts coverage of Jet2 at ‘overweight’
Barclays initiated coverage on shares of Jet2 on Thursday at ‘overweight’ with a 1,650p price target as it said "opportunities have opened up in a historically competitive market".
Ultra Electronics and QinetiQ rated 'neutral' by Citi
Citi gave shares of Ultra Electronics and QinetiQ 'neutral' ratings as the bank started coverage of the defence engineers.
Naked Wines cut to 'hold' by Liberum
Naked Wines is likely to revert to "pedestrian" growth once the pandemic subsides, Liberum said as the broker reduced its rating on the online wine merchant to 'hold'.
Berenberg initiates coverage on Essensys at 'buy'
Analysts at Berenberg initiated coverage on software and IT services firm Essensys at 'buy' on Thursday, stating the group had plenty of "space to grow".