Broker Tips
Jefferies raises target price on Volution
Analysts at Jefferies raised their target price on ventilation products supplier Volution Group from 470. 0p to 490. 0p on Friday, stating activity was continuing to flow.
Numis cuts price target for IQE
Numis has cut its price target on IQE, after the tech firm issued its second profits warning this year.
Credit Suisse downgrades Schroders to 'neutral'
Credit Suisse downgraded Schroders on Friday to ‘neutral’ from ‘outperform’ and slashed the price target to 470p from 510p, citing flow headwinds and cost inflation.
Broker tips: Hiscox, National Express
Analysts at Berenberg raised their target price on insurer Hiscox from 1,015. 0p to 1,285. 0p on Thursday, citing a "strong finish to a turbulent year".
Berenberg hikes target price on Hiscox following 'strong' end to trading year
Analysts at Berenberg raised their target price on insurer Hiscox from 1,015. 0p to 1,285. 0p on Thursday, citing a "strong finish to a turbulent year".
Liberum cuts National Express to ‘sell’ on leverage woes
Liberum downgraded National Express on Thursday to ‘sell’ from ‘hold’ and cut the price target to 115p from 155p as it said leverage remains its key concern.
Broker tips: Rolls-Royce, Wood Group
UBS upgraded Rolls-Royce to 'buy' from 'neutral' and nearly doubled its price target on the stock to 200. 0p from 105. 0p as it said the shares were "abnormally cheap" despite China reopening.
Wedbush lifts Apple price target
Wedbush lifted its price target on Apple on Wednesday to $190 from $180 to reflect positive Asia checks on iPhone demand so far this quarter, keeping the shares at ‘outperform’ and on the ‘Best Idea List’.
UBS upgrades Rolls-Royce to 'buy'
UBS upgraded Rolls-Royce to ‘buy’ from ‘neutral’ and nearly doubled the price target to 200p from 105p as it said the shares were "abnormally cheap" despite China reopening.
Jefferies downgrades Wood Group to 'hold'
Analysts at Berenberg downgraded engineering services firm Wood Group from 'buy' to 'hold' on Wednesday following a fourth cash offer for the company.
Broker tips: Melrose, Rathbones Brothers, Saietta
Bank of America Merrill Lynch upgraded Melrose to 'buy' from 'neutral' on Tuesday and lifted its price target on the stock to 181. 0p from 160. 0p.
BofA Merrill Lynch upgrades Melrose to 'buy'
Bank of America Merrill Lynch upgraded Melrose on Tuesday to ‘buy’ from ‘neutral’ and lifted the price target to 181p from 160p.
Berenberg downgrades Rathbones to 'hold'
Berenberg downgraded Rathbones Brothers on Tuesday to ‘hold’ from ‘buy’ and cut the price target to 2,200p from 2,400p as it said it sees better risk/reward elsewhere in the sector, at companies such as IntegraFin, Petershill Partners and Investec.
Canaccord Genuity slashes target price on Saietta
Analysts at Canaccord Genuity slashed their target price on engineering firm Saietta from 285. 0p to 120. 0p on Tuesday following the group's operational and trading update earlier in the day.
Broker tips: Spectris, B&M European, Tesco, Kingfisher
Analysts at Berenberg raised their target price on instrumentation company Spectris from 3,470. 0p to 3,780. 0p on Monday, stating the group's upgraded outlook provided "near-term visibility".
Berenberg raises target price on Spectris
Analysts at Berenberg raised their target price on instrumentation company Spectris from 3,470. 0p to 3,780. 0p on Monday, stating the group's upgraded outlook provided "near-term visibility".
RBC Capital upgrades B&M to ‘outperform’
RBC Capital Markets upgraded B&M European Value Retail on Monday to ‘outperform’ from ‘sector perform’ and hiked the price target to 550p from 460p, citing an undemanding valuation versus peers, among other things.
Jefferies upgrades Tesco, Kingfisher
Jefferies has upgraded Tesco and Kingfisher, as part of a wider review of its UK retailer ratings.
Broker tips: Hunting, Windward, PPHE
Berenberg downgraded Hunting on Friday to ‘hold’ from ‘buy’ as it said the risk/reward is less attractive after a strong share price performance.
Jefferies upgrades PPHE, cites ‘valuation disconnect’
Jefferies upgraded PPHE Hotel Group on Friday to ‘buy’ from ‘hold’ and lifted the price target to 1,600p from 1,300p as it pointed to a valuation disconnect.