Broker Tips
Broker tips: AB Foods, Primary Health Properties, IAG
Analysts at Deutsche Bank raised their target price on Associated British Foods from 2,180. 0p to 2,300. 0p on Tuesday, stating its Primark unit had driven "another upgrade".
Deutsche Bank raises target price on AB Foods
Analysts at Deutsche Bank raised their target price on Associated British Foods from 2,180. 0p to 2,300. 0p on Tuesday, stating its Primark unit had driven "another upgrade".
Liberum ups IAG price target, reiterates ‘buy’ after results
Liberum lifted its price target on BA and Iberia owner IAG on Tuesday following recent annual results.
Berenberg lowers target price on Primary Health Properties
Analysts at Berenberg lowered their target price on real estate group Primary Health Properties from 165. 0p to 125. 0p on Tuesday as it said it continues to see "better opportunities" elsewhere.
Broker tips: Hikma Pharmaceuticals, British American Tobacco
Analysts at Berenberg raised their target price on drugmaker Hikma Pharmaceuticals from 1,440. 0p to 1,740. 0p on Monday on the back of the group's recent trading update.
Jefferies slashes target price on British American Tobacco
Analysts at Jefferies slashed their target price on tobacco giant British American Tobacco from 4,700. 0p to 4,100. 0p on Monday, stated "a lot of bad" was priced in and that risk was arguably skewed to the upside.
Berenberg raises target price on Hikma Pharmaceuticals
Analysts at Berenberg raised their target price on drugmaker Hikma Pharmaceuticals from 1,440. 0p to 1,740. 0p on Monday on the back of the group's recent trading update.
Broker tips: IAG, Rolls Royce, Dr.Martens
Peel Hunt analysts described International Consolidated Airlines Group's latest full-year figures as "positive all around" but stuck to their 'hold' recommendation on the shares and 135. 0p target price.
Peel Hunt says IAG results 'positive all around', stays at 'hold'
Peel Hunt analysts described International Consolidated Airlines Group's latest full-year figures as "positive all around" but stuck to their 'hold' recommendation on the shares and 135. 0p target price.
JP Morgan says Rolls Royce's EPS and free cash flow upgrades 'somewhat low quality', stays underweight
Analysts at J. P. Morgan raised their target price for shares of Rolls Royce but kept their recommendation at 'underweight', telling clients that the engineer's raised forecasts for earnings per share and free cash flow were "somewhat low quality".
Numis starts Dr Martens at ‘add’
Numis initiated coverage of Dr Martens on Friday with an ‘add’ rating and 180p target price, which it said offers 17% total shareholder return.
Broker tips: Relx, BP, Next
Analysts at JP Morgan sounded a bullish note on the prospects for RELX, the provider of information-based analytics and decision tools for professional and business customers.
JP Morgan sounds bullish note on RELX outlook following talk with CEO
Analysts at JP Morgan sounded a bullish note on the prospects for RELX, the provider of information-based analytics and decision tools for professional and business customers.
BofA upgrades Next to 'buy', says valuation discount not justified
Analysts at BofA upgraded their recommendation for shares of Next from 'neutral' to 'buy', telling clients that the retailer's successful transition from online and directory to an omni-channel leader was underappreciated.
Berenberg downgrades BP after strong share price performance
Berenberg downgraded BP on Thursday to ‘hold’ from ‘buy’ but lifted the price target to 590p from 560p.
Broker tips: WPP, HSBC, GB Group
Credit Suisse upgraded WPP and Publicis on Wednesday to ‘outperform’ from ‘neutral’ as it said its analysis of the advertising agency industry suggests the structural headwinds which caused the de-rating of the agency stocks have significantly abated.
Barclays cuts target for GB Group on soft guidance
Analysts at Barclays cut their target price for shares of GB Group's full-year 2023 guidance.
Credit Suisse upgrades WPP, Publicis to 'outperform'
Credit Suisse upgraded WPP and Publicis on Wednesday to ‘outperform’ from ‘neutral’ as it said its analysis of the advertising agency industry suggests the structural headwinds which caused the de-rating of the agency stocks have significantly abated.
Berenberg ups target for HSBC but prefers StanChart
Analysts at Berenberg hiked their target price for shares of HSBC, telling clients that the lender's guidance for net interest income appeared to be "knowingly" conservative and could be supported by non-interest income.
Morgan Stanley cuts 2023-24 Brent crude oil price forecasts
Analysts at Morgan Stanley cut their price forecasts for Brent crude oil prices across 2023 and for 2024 on the back of higher-than-expected Russian exports.