Broker Tips
Jefferies downgrades Crest Nicholson, ups Persimmon
Jefferies has upgraded Persimmon and cut its rating on Crest Nicholson following a review of UK housebuilders.
RBC Capital starts Premier Foods at ‘outperform’
RBC Capital Markets initiated coverage of Premier Foods on Tuesday with an ‘outperform’ rating as it said the shares are materially undervalued even after recent strong performance.
Berenberg upgrades DLG to 'buy', sees catalysts in 2024
Berenberg has upgraded its rating for motor insurance group Direct Line from 'hold' to 'buy', saying that the stock's current price presents a buying opportunity.
Berenberg lowers Rolls-Royce to 'sell'
Analysts at Berenberg lowered aerospace and defence giant Rolls-Royce to 'sell' from 'hold' on Tuesday, citing an unfavourable risk/reward scenario, but marked up their target price on the stock from 100. 0p to 240. 0p.
Rightmove slumps on JPMorgan downgrade
JPMorgan Cazenove downgraded Rightmove on Tuesday to ‘underweight’ from ‘neutral’ and cut the price target to 493p from 585p as it pointed to higher R&D and opex spend.
Jefferies downgrades Moneysupermarket, slashes price target
Jefferies downgraded Moneysupermarket on Tuesday to ‘hold’ from ‘buy’ and slashed the price target to 265p from 305p.
Broker tips: Burberry, Thor Explorations, Mattioli Woods, GSK
Luxury fashion brand Burberry slumped on Monday after Goldman Sachs downgraded the shares to ‘neutral’ from ‘buy’ and slashed the price target to 1,663. 0p from 2,345. 0p.
Goldman downgrades Burberry, slashes price target
Luxury fashion brand Burberry slumped on Monday after Goldman Sachs downgraded the shares to ‘neutral’ from ‘buy’ and slashed the price target to 1,663p from 2,345p.
Canaccord Genuity lowers target price on Thor Explorations
Analysts at Canaccord Genuity lowered their target price on mineral exploration company Thor Explorations from 35. 0p to 30. 0p on Monday following the group's fourth-quarter results.
Berenberg lowers target price on Mattioli Woods
Analysts at Berenberg lowered their target price on wealth management company Mattiolii Woods from 970. 0p to 870. 0p on Monday but acknowledged the group had delivered a "resilient performance" in a "challenging market".
Zantac fallout unfairly weighing on GSK, says Shore Capital
Shore Capital has raised its target price and maintained a positive stance on biopharma giant GSK, saying that worries about the potential cost of Zantac litigation are unfairly weighing on the stock.
Broker tips: Synthomer, Ceres Power, GCP Infrastructure
Analysts at Berenberg lowered their target price on chemicals business Synthomer from 400. 0p to 320. 0p on Friday as it lowered its operating profit expectations for 2023-25.
Berenberg lowers target price on Synthomer
Analysts at Berenberg lowered their target price on chemicals business Synthomer from 400. 0p to 320. 0p on Friday as it lowered its operating profit expectations for 2023-25.
RBC Capital downgrades Ceres Power on stalling momentum
RBC Capital Markets downgraded Ceres Power on Friday to ‘underperform’ from ‘sector perform’ and slashed the price target to 150p from 600p on stalling momentum.
RBC sees upside risk at GCP Infrastructure, rates 'outperform'
RBC Capital Markets sees nearly 30% upside at GCP Infrastructure, saying the stock is "cheap and catalyst rich".
Broker tips: Antofagasta, Entain, JD Wetherspoon, British Land, Land Securities, WPP, EasyJet
RBC Capital Markets upgraded its stance on Chilean copper miner Antofagasta to 'outperform' from 'sector perform' on Thursday and hiked its price target on the stock to 1,800. 0p from 1,300. 0p.
WPP slumps after double downgrade to 'sell' by UBS
WPP slumped on Thursday after UBS double downgraded the shares to ‘sell’ and slashed the price target to 700p from 1,200p, saying that 2024 was set to be another challenging year.
BofA Merrill Lynch ups easyJet to ‘buy’ on European capacity constraints
Bank of America Merrill Lynch upgraded easyJet on Thursday to ‘buy’ from ‘underperform’ and lifted the price target to 640p from 470p on European capacity constraints.
Berenberg starts British Land and Land Securities at 'buy'
Analysts at Berenberg initiated coverage on real estate businesses British Land and Land Securities with 'buy' ratings on Thursday and noted that the groups were still seen as proxies for the UK real estate sector.
Numis upgrades JD Wetherspoons on strong Christmas trading
Shares in pub owner JD Wetherspoon were rising on Thursday on the back of positive comments from Numis, which upgraded its rating on the stock from 'reduce' to 'buy' after factoring in the company's recent improvement in trading.