Broker Tips
Broker tips: Tharisa, XPS Pensions Group
Analysts at Berenberg lowered their target price on mining outfit Tharisa from 190. 0p to 150. 0p on Tuesday following the publication of the group's fourth-quarter production report.
Berenberg lowers target price on Tharisa
Analysts at Berenberg lowered their target price on mining outfit Tharisa from 190. 0p to 150. 0p on Tuesday following the publication of the group's fourth-quarter production report.
Canaccord Genuity raises target price on XPS Pensions
Analysts at Canaccord Genuity upped their target price on consulting and administration business XPS Pensions Group from 251. 0p to 262. 0p on Tuesday, citing "positive momentum" that had carried over into the first half of the new trading year.
Broker tips: Ocado, Severn Trent, United Utilities, Pennon, Seeing Machines
Ocado was under the cosh on Monday after Barclays downgraded shares of the online supermarket to ‘underweight’ from ‘equalweight’ and slashed the price target to 430p from 680p, pointing to a "particularly challenging" valuation.
Jefferies upgrades UK water companies
Jefferies upgraded Severn Trent, United Utilities and Pennon on Monday as it took a look at the UK water sector.
Canaccord still sees "good potential upside" at Jubilee Metals
Canaccord Genuity has trimmed its target price for Jubilee Metals Group by 8% after the metals recovery company disappointed the market last week with its full-year results.
Barclays downgrades Ocado, shares slide
Ocado was under the cosh on Monday after Barclays downgraded shares of the online supermarket to ‘underweight’ from ‘equalweight’ and slashed the price target to 430p from 680p, pointing to a "particularly challenging" valuation.
Broker tips: Loungers, Hays
Liberum has kept a 'buy' recommendation on Hays despite the recruitment firm failing to meeting expectations with its first-quarter results, but has trimmed its target price slightly from 125p to 120p.
Liberum cuts target price for Hays after Q1 miss
Liberum has kept a 'buy' recommendation on Hays despite the recruitment firm failing to meeting expectations with its first-quarter results, but has trimmed its target price slightly from 125p to 120p.
Shore Capital sees significant upside at hospitality group Loungers
Shore Capital has reiterated its 'buy' stance on Loungers, highlighting that the stock has not budged since its 2019 IPO despite the hospitality company having made "material progress".
Broker tips: Johnson Matthey, Entain, 888
Berenberg downgraded Johnson Matthey on Thursday to 'hold' from 'buy' as it cut its price target on the stock to 1,650. 0p from 2,200. 0p, saying the stock was "interesting, but no longer compelling".
Berenberg downgrades Johnson Matthey to ‘hold’
Berenberg downgraded Johnson Matthey on Thursday to ‘hold’ from ‘buy’ as it cut the price target to 1,650p from 2,200p, saying the were "interesting, but no longer compelling".
Entain and 888 worth a buy after recent falls, says JP Morgan
JP Morgan has reiterated its 'overweight' ratings on UK-listed gambling stocks Entain and 888, saying that gaming remains its preferred sub-sector within the leisure industry right now.
Restaurant Group's £700m takeover bid "too low", says Shore Capital
Shore Capital has said that the value of Apollo Group's takeover bid of Restaurant Group is "too low", despite the hospitality company recommending the offer to shareholders.
Broker tips: BP, Rio Tinto, Hochschild Mining
Barclays said on Tuesday that it expects a positive reaction to the ongoing BP capital markets day.
Barclays continues to see ‘material upside’ in BP to 1,000p a share
Barclays said on Tuesday that it expects a positive reaction to the ongoing BP capital markets day.
Canaccord Genuity lowers target price on Calnex
Analysts at Canaccord Genuity lowered their target price on telecommunications equipment company Calnex from 165. 0p to 110. 0p on Wednesday but said a recovery was likely to take place in 2024.
Berenberg prefers gold miners after recent de-rating
Berenberg said it remains upbeat about the long-term investment picture in the metals and mining sector, but has warned of some near-term uncertainty and highlighted gold plays as the safe option right now.
Broker tips: YouGov, Yellow Cake
Berenberg has slashed its target price for research firm YouGov by 18% but still sees significant upside after recent weakness in the shares.
Canaccord Genuity raises target price on Yellow Cake
Analysts at Canaccord Genuity nudged up their target price on Jersey-based uranium-focused company Yellow Cake from 635. 0p to 645. 0p on Tuesday following the exercise of the group's 2023 uranium purchase option with Kazatomprom.