Broker Tips
Broker tips: Centrica, Anpario
Analysts at Berenberg hiked their target price on electric services company Centrica from 50. 0p to 110. 0p on Friday, stating the group's strong free cash flow yield had revived its dividend.
Canaccord Genuity slashes target price on Anpario
Analysts at Canaccord Genuity slashed their target price on animal feed manufacturer Anpario from 580. 0p to 375. 0p on Friday following "a difficult year" for the stock.
Berenberg hikes target price on Centrica
Analyst at Berenberg hiked their target price on electric services company Centrica from 50. 0p to 110. 0p on Friday, stating the group's strong free cash flow yield had revived its dividend.
Broker tips: BT, Sabre Insurance
Analysts at Deutsche Bank raised their target price on telecommunications firm BT 140. 0p to 150. 0p on Thursday, stating taxes had pushed the "lucky" group's price target higher amid "major challenges".
Berenberg lowers target price on Sabre
Over at Berenberg, analysts lowered their target price on insurer Sabre Insurance from 112. 0p to 93. 0p on Thursday, stating it was "still cautious" about the group's outlook.
Citi downgrades European banks; trims Stoxx 600, FTSE targets
Citi downgraded its stance on European banks on Thursday to ‘neutral’ from ‘overweight’ and cut its targets for the benchmark Stoxx 600 and FTSE 100 indices.
Deutsche Bank raises target price on BT
Analysts at Deutsche Bank raised their target price on telecommunications firm BT 140. 0p to 150. 0p on Thursday, stating taxes had pushed the "lucky" group's price target higher amid "major challenges".
Broker tips: Spirent Communications, Superdry, Bytes Technology
Analysts at Deutsche Bank lowered their target price on telco Spirent from 250. 0p to 200. 0p on Wednesday, stating the group had experienced a "tough H1 in prospect" and that "a rapid recovery" into 2024 was unclear.
Numis upgrades Bytes Technology, notes 'strong rebound' in 2H cash conversion
Analysts at Numis upgraded their recommendation for shares of Bytes Technology from 'add' to 'buy' after the software reseller guided towards full-year operating earnings ahead of their expectations.
Liberum reiterates 'buy' rating on Superdry following 'phenomenal deal'
Analysts at Liberum reiterated their 'buy' rating and 500. 0p target price on clothing retailer Superdry following a "phenomenal deal" that it believes realises "great value" for shareholders.
Deutsche Bank lowers target price on Spirent Communications
Analysts at Deutsche Bank lowered their target price on telecommunications testing company Spirent from 250. 0p to 200. 0p on Wednesday, stating the group had experienced a "tough H1 in prospect" and that "a rapid recovery" into 2024 was unclear.
Broker tips: Trustpilot, TI Fluid Systems, Aptitude Software
Analysts at Berenberg lowered their target price on review website operator Trustpilot from 180. 0p to 160. 0p on Tuesday but said it still expects to see positive underlying earnings and cash flow in 2023.
Berenberg lowers target price on Trustpilot
Analysts at Berenberg lowered their target price on review website operator Trustpilot from 180. 0p to 160. 0p on Tuesday but said it still expects to see positive underlying earnings and cash flow in 2023.
Canaccord Genuity lowers target price on Aptitude, says 'buy the dip'
Over at Canaccord Genuity, analysts lowered their target price on finance applications developer Aptitude Software Group from 670. 0p to 615. 0p on Tuesday but kept its 'buy' rating in place, stating it appeared to be time to "buy the dip".
Jefferies upgrades TI Fluid Systems on valuation
Jefferies upgraded TI Fluid Systems on Tuesday to ‘hold’ from ‘underperform’, mainly on valuation grounds, with the share price down around 20% since January.
Broker tips: Glencore, Breedon
UBS upgraded Glencore to 'buy' from 'neutral' on Monday as it said the risk/reward scenario was now attractive after the recent selloff.
Berenberg nudges up target price on Breedon
Analysts at Berenberg nudged up their target price on construction outfit Breedon from 80. 0p to 85. 0p on Monday, stating there was "plenty to play for".
UBS upgrades Glencore to ‘buy’ after recent selloff
UBS upgraded Glencore to ‘buy’ from ‘neutral’ on Monday as it said the risk/reward was now attractive after the recent selloff.
Broker tips: GSK, Restore
Analysts at Deutsche Bank upgraded biopharmaceutical firm GSK from 'hold' to 'buy' on Friday as they updated estimates and made changes to their net present value assumptions.
Berenberg reiterates 'buy' rating on Restore
Analysts at Berenberg reiterated their 'buy' rating on document management group Restore on Friday, stating recent defensive growth implied it would have a "better 2023".