Broker Tips
Broker tips: JTC, Curry's, Next
Analysts at Jefferies initiated coverage on fund manager JTC with a 'buy' rating and an 860. 0p target price on Tuesday, citing exposure to a growth industry and a "positive outlook".
Jefferies initiates coverage on JTC at 'buy'
Analysts at Jefferies initiated coverage on fund manager JTC with a 'buy' rating and an 860. 0p target price on Tuesday, citing exposure to a growth industry and a "positive outlook".
Numis upgrades Currys, downgrades Next
Numis upgraded Currys to ‘reduce’ from ‘sell’ and cut Next to ‘hold’ from ‘buy’ as it took a look at the UK retail sector, saying it has gone from "less bad" to "quite good" and changing its price targets on a raft of names.
Broker tips: EnQuest, DS Smith, NatWest
Analysts at Canaccord Genuity slightly lowered their target price on exploration and production company EnQuest from 40. 0p to 35. 0p on Monday as it pondered what exactly the stock's investment thesis was following its admittedly "solid" trading update.
Berenberg downgrades Spectris to 'hold'
Berenberg downgraded Spectris on Monday as it took a look at capital goods and industrial engineering stocks.
Canaccord Genuity slightly lowers target price on EnQuest
Analysts at Canaccord Genuity slightly lowered their target price on exploration and production company EnQuest from 40. 0p to 35. 0p on Monday as it pondered what exactly the stock's investment thesis was following its admittedly "solid" trading update.
Bank of America ML downgrades DS Smith, shares slump
DS Smith slumped on Monday after Bank of America Merrill Lynch downgraded its stance on shares of the packaging company to ‘neutral’ from ‘buy’.
Berenberg lowers target price on NatWest
Analysts at Berenberg lowered their target price on banking group NatWest from 380. 0p to 360. 0p on Monday, stating "conservative guidance" had provided a floor.
Broker tips: Standard Chartered, Centrica, Direct Line
Analysts at Berenberg hiked their target price on consumer bank Standard Chartered from 750. 0p to 1,000. 0p on Friday, citing "increasingly evident" standalone strength.
BofA's Hartnett believes Fed's job 'very much unaccomplished'
BofA's investment strategies believed that the Federal Reserve's job was "very much unaccomplished".
Berenberg hikes target price on Standard Chartered
Analysts at Berenberg hiked their target price on consumer bank Standard Chartered from 750. 0p to 1,000. 0p on Friday, citing "increasingly evident" standalone strength.
Citi reiterates 'buy' on Centrica after results
Citi reiterated its ‘buy’ rating on Centrica on Friday following a "strong" set of results a day earlier and as it highlighted the potential for further cash return to shareholders after the announced second tranche of share buyback.
RBC Capital downgrades Direct Line, says risk/reward more balanced
RBC Capital Markets downgraded Direct Line on Friday to ‘sector perform’ from ‘outperform’ and slashed the price target to 190p from 260p, as it said the risk/reward of the shares is now more balanced.
Broker tips: RS Group, Shell, Hammerson
Morgan Stanley initiated coverage of industrial and electric components distributor RS Group on Thursday with an 'equalweight' rating and 950. 0p price target as is pointed to a strong track record of organic growth, improving margins and return on invested capital.
Liberum sees 'selective value' in UK REITs, upgrades Hammerson
Analysts at Liberum sounded a bullish note on the outlook for the the UK Real Estate Investment Trust space, telling clients that share prices now reflected the expected declines in direct property values.
Berenberg raises target price on Shell
Analysts at Berenberg raised their target price on energy giant Shell from 2,900. 0p to 3,000. 0p on Thursday, stating the group's free cash flow generation remained "attractive".
Morgan Stanley starts RS Group at 'equalweight'
Morgan Stanley initiated coverage of industrial and electric components distributor RS Group on Thursday with an ‘equalweight’ rating and 950p price target as is pointed to a strong track record of organic growth, improving margins and return on invested capital.
Broker tips: Hargreaves Lansdown, Pets at Home, Rathbones
Analysts at Peel Hunt reiterated their 'buy' recommendation for shares of Hargreaves Lansdown following the firm's full-year numbers, telling clients the results were "well ahead of expectations".
Peel Hunt stays at 'buy' on Hargreaves Lansdown after 1H beat
Analysts at Peel Hunt reiterated their 'buy' recommendation for shares of Hargreaves Lansdown following the firm's full-year numbers, telling clients the results were "well ahead of expectations".
Berenberg hikes Pets at Home price target
Berenberg lifted its price target on Pets at Home on Wednesday to 430p from 370p and reiterated its ‘buy’ recommendation as it said the upgrade cycle wasn’t over.