Broker Tips
Broker tips: Bellway, Eckoh, Cineworld, HSBC, Barclays
Analysts at Berenberg raised their target price on construction firm Bellway from 3,240. 0p to 4,180. 0p on Wednesday, stating the group's record land buying showed "fresh confidence".
Numis upgrades HSBC to 'buy', says 'short squeeze' possible
Analysts at Numis have upgraded their view on shares of HSBC following the lender's first quarter results.
Wednesday broker round-up
Lloyds Banking Group: RBC Capital Markets reiterates outperform with a target price of 5,100p.
Berenberg hikes target price on Bellway
Analysts at Berenberg raised their target price on construction firm Bellway from 3,240. 0p to 4,180. 0p on Wednesday, stating the group's record land buying showed "fresh confidence".
JP Morgan stays 'overweight' on Barclays, says earnings recovery on track
Analysts at JP Morgan reiterated their 'overweight' stance and 210. 0p target price on shares of Barclays, telling clients that the lender's earnings recovery was on track despite management's messaging on costs.
Canaccord Genuity raises target price on Eckoh
Analysts at Canaccord Genuity raised their target price on software and services firm Eckoh from 75. 0p to 88. 0p on Wednesday, stating the group was "well-positioned" for the 2022 trading year and beyond.
Barclays reinstates coverage of Cineworld at ‘equalweight’
Barclays reinstated coverage of Cineworld at ‘equalweight’ on Wednesday with a 115p price target as it said a blockbuster year was needed to help deleveraging.