Broker Tips
Broker tips: Impact Healthcare, EasyJet, Drax
Analysts at RBC Capital Markets slightly lowered their target price on real estate investment trust Impact Healthcare from 125. 0p to 120. 0p on Tuesday as it reduced its earnings forecasts following the trust's recent trading update.
Investec downgrades Rathbones on valuation grounds
Investec downgraded wealth manager Rathbones to ‘hold’ from ‘buy’ on Tuesday after the shares outperformed the sector by over 30% in the past 12 months, making the risk/reward dynamic less attractive.
Investor pessimism hits 12-month low in February, BofA says
The so-called 'pain trade' in risk assets was still up because investors around the world continued to exhibit caution, the results of BofA's monthly fund manager survey found.
JPMorgan lifts Drax price target, expects strong 2023 guidance
JPMorgan Cazenove lifted its price target on Drax on Tuesday to 900p from 850p and said it remains on its "Positive Catalyst Watch" into results later this month.
Berenberg initiates coverage on Ashtead Technology at 'buy'
Analysts at Berenberg initiated coverage on subsea equipment and solutions group Ashtead Technology at 'buy' on Thursday, branding the firm "a market leader in a thriving sector".
Deutsche Bank upgrades EasyJet on 'dramatic' improvement in UK economic outlook
Analysts at Deutsche Bank upgraded their recommendation for shares of Easyjet on the back of what they said had been a "dramatic" improvement in the outlook for the UK economy in 2023.
RBC Capital Markets slightly lowers target price on Impact Healthcare
Analysts at RBC Capital Markets slightly lowered their target price on real estate investment trust Impact Healthcare from 125. 0p to 120. 0p on Tuesday as it reduced its earnings forecasts following the trust's recent trading update.
Broker tips: Pennon, Severn Trent, Lancashire Holdings
RBC Capital Markets downgraded Pennon to 'sector perform' from 'outperform' and maintained their target price on the stock at 975. 0p, stating the valuation was now more balanced.
Berenberg raises target price on Lancashire Holdings
Analysts at Berenberg raised their target price on insurance firm Lancashire Holdings from 645. 0p to 770. 0p on Monday, stating the group was entering 2023 from "a position of strength".
RBC Capital downgrades Pennon, Severn Trent
RBC Capital Markets downgraded Pennon and Severn Trent on Monday.
Broker tips: Abrdn, GSK
HSBC downgraded Abrdn to 'reduce' from 'hold' on Friday as it took a look at UK wealth managers.
HSBC downgrades Abrdn, cautious on near-term prospects for wealth managers
HSBC downgraded Abrdn on Friday to ‘reduce’ from ‘hold’ as it took a look at UK wealth managers.
Berenberg raises target price on GSK
Analysts at Berenberg raised their target price on drugmaker GSK from £15. 80 each to £17. 30 on Friday, citing "steady progress".
Broker tips: Ashtead Technology, Next
Analysts at Berenberg initiated coverage on subsea equipment and solutions group Ashtead Technology at 'buy' on Thursday, branding the firm "a market leader in a thriving sector".
Liberum calls Next 'a clear winner'
Analysts at Liberum took a fresh look at retailer Next on Thursday, stating the firm was "a clear winner", with multiple macro and micro drivers.
Broker tips: BP, Yellow Cake, Trustpilot
Barclays hiked its price target on BP to 1,000. 0p from 700. 0p on Wednesday following the oil giant's results a day earlier.
Barclays hikes BP price target
Barclays hiked its price target on BP on Wednesday to 1,000p from 700p following the oil giant’s results a day earlier.
Berenberg slightly raises target price on Yellow Cake following 'timely acquisition'
Analysts at Berenberg slightly raised their target on uranium business Yellow Cake from 543. 0p to 552. 0p on Wednesday following a "timely acquisition" by the group.
JPMorgan upgrades Trustpilot to 'overweight'
JPMorgan Cazenove lifted Trustpilot to ‘overweight’ from ‘neutral’ on Wednesday and upped the price target to 150p from 100p, as it said EBITDA was at a turning point and the top line has been de-risked.
Broker tips: Mattioli Woods, THG
Analysts at Canaccord Genuity lowered their target price on wealth management firm Mattioli Woods to 830. 0p from 850. 0p on Tuesday despite the group's "robust" interim results.