Broker Tips
Broker tips: Keyword Studios, JTC
Citi stuck to its 'neutral' recommendation for Keywords Studios, telling clients that the risks around generative artificial intelligence struck them as "likely overstated".
Citi says threat to Keyword Studios from Generative AI 'likely overstated'
Citi stuck to its 'neutral' recommendation for Keywords Studios, telling clients that the risks around generative artificial intelligence struck them as "likely overstated".
ShoreCap upgrades JTC to 'buy' after share price weakness
Analysts at ShoreCap upgraded their recommendation for shares of fund administration services outfit JTC to 'buy' in the wake of recent weakness in the share price.
Broker tips: Ocado, Abcam
Online supermarket Ocado was under the cosh on Tuesday after JPMorgan Cazenove cut its price target on the shares to 400p from 450p and placed the stock on ‘negative catalyst watch’ into first-half results.
RBC Capital Markets downgrades Abcam to ‘sector perform’
RBC Capital Markets downgraded Abcam on Tuesday to ‘sector perform’ from ‘outperform’ and cut the price target to $22 from $23 as it recommended investors take profit on bid anticipation.
JPMorgan cuts Ocado price target, puts shares on 'negative catalyst watch'
Online supermarket Ocado was under the cosh on Tuesday after JPMorgan Cazenove cut its price target on the shares to 400p from 450p and placed the stock on ‘negative catalyst watch’ into first-half results.
Broker tips: Croda, Travis Perkins
RBC Capital Markets cut its price target on Travis Perkins on Monday to 1,200p from 1,250p.
JPMorgan slashes Croda price target
JPMorgan Cazenove slashed its price target on Croda on Monday to 5,000p from 6,200p and retained its ‘underweight’ rating.
RBC Capital trims Travis Perkins price target
RBC Capital Markets cut its price target on Travis Perkins on Monday to 1,200p from 1,250p.
Goldman Sachs cuts China growth forecasts
Goldman Sachs has cut its growth forecasts for China, arguing that after a strong start in the first quarter, the country’s post-reopening recovery "appears to have fizzled out in Q2" and that government stimulus won’t be enough.
BofA's Hartnett does not believe US stocks at start of 'new bull market'
A top-rated equity strategist at BofA Securities cautioned clients that he did not believe that Wall Street was starting on a "brand new shiny bull market".
Broker tips: Centrica, JTC
Citi reiterated its ‘buy’ rating on British Gas owner Centrica on Friday as it argued that the stock’s tepid share price performance in recent days despite the tailwind from a solid trading statement is a reflection of positioning rather than concerns on fundamentals.
Jefferies lifts JTC price target
Jefferies upped its price target on JTC to 875p from 860p on Friday as it said the proposed acquisition of South Dakota Trust Company and associated placing have prompted it to revise its forecasts upwards.
Citi reiterates ‘buy’ rating on Centrica
Citi reiterated its ‘buy’ rating on British Gas owner Centrica on Friday as it argued that the stock’s tepid share price performance in recent days despite the tailwind from a solid trading statement is a reflection of positioning rather than concerns on fundamentals.
Berenberg cuts Croda price target, keeps at 'buy'
Berenberg cut its price target on Croda on Thursday as it trimmed its estimates a week after the specialty chemicals firm warned on profits, but maintained its ‘buy’ recommendation.
Broker tips: Man Group, Croda
JPMorgan Cazenove relaunched coverage of Man Group on Thursday with an ‘overweight’ rating and 293p price target.
JPMorgan relaunches coverage of Man Group at ‘overweight’
JPMorgan Cazenove relaunched coverage of Man Group on Thursday with an ‘overweight’ rating and 293p price target.
Broker tips: Aston Martin, Ceres Power
Jefferies upgraded Aston Martin on Wednesday to ‘hold’ from ‘underperform’ and hiked the price target to 300p from 160p.
Berenberg stays at 'buy' on Ceres Powers
Analysts at Berenberg reiterated their 'buy' recommendation and 1,155p target price for shares of Ceres Power following a technology teach-in with the outfit on its solid oxide electrolyser offering.
Jefferies upgrades Aston Martin to ‘hold’, hikes price target
Jefferies upgraded Aston Martin on Wednesday to ‘hold’ from ‘underperform’ and hiked the price target to 300p from 160p.