Broker Tips
Broker tips: Marlowe, Fevertree
Analysts at Berenberg slightly lowered their target price on software and services firm Marlowe from 720. 0p to 710. 0p on Tuesday but said the group's divestment of certain Governance, Risk and Compliance software and service assets had left it with a "much cleaner and simpler-to-understand equity story".
Berenberg slightly lowers target price on Marlowe
Analysts at Berenberg slightly lowered their target price on business-critical services and software firm Marlowe from 720. 0p to 710. 0p on Tuesday but said the group's divestment of certain Governance, Risk and Compliance software and service assets had left it with a "much cleaner and simpler-to-understand equity story".
Deutsche Bank starts coverage of Fevertree, Britvic at 'buy'
Deutsche Bank initiated coverage of drinks companies Fevertree and Britvic on Tuesday with ‘buy’ rating.
Broker tips: JD Sports, NatWest
Barclays downgraded JD Sports on Monday to 'equalweight' from 'overweight' and cut its price target for the stock to 140. 0p from 165. 0p after the retailer announced the acquisition of US rival Hibbett last week for $1. 1bn.
Berenberg raises target price on NatWest
Analysts at Berenberg raised their target price on banking group NatWest from 325. 0p to 350. 0p on Monday as it said there was "no reason" for it to trade below tangible book value.
Barclays downgrades JD Sports on Hibbett acquisition
Barclays downgraded JD Sports on Monday to ‘equalweight’ from ‘overweight’ and cut the price target to 140p from 165p after the retailer announced the acquisition of US rival Hibbett last week for $1. 1bn.
Broker tips: NatWest, Pensionbee, Greggs
Shore Capital reiterated its 'buy' rating on bank NatWest after a forecast-beating first quarter but said it sees the least amount of upside potential in the stock compared with the wider banking sector.
Berenberg hikes target price on Greggs
Analysts at Berenberg raised their target price on bakery chain Greggs from 3,550. 0p to 3,990. 0p on Friday as it noted that customer appeal had broadened as its market share was expanding.
Jefferies hikes Pensionbee target, expects rally to continue
Jefferies has hiked its target price for Pensionbee by more than 60% after first-quarter results came in ahead of expectations, saying the pension provider has a large market opportunity to expand in the US.
Shore Capital rates NatWest a 'buy', but upside limited
Shore Capital has reiterated its 'buy' rating on UK banking group NatWest after a forecast-beating first quarter, but said it sees the least amount of upside potential in the stock compared with the wider banking sector.
Broker tips: Schroders, Reckitt Group, Jet2
Numis has trimmed its target price for Schroders from 380. 0p to 365. 0p on Thursday after first-quarter results from the asset management firm were "a little weaker than expected".
RBC Capital lifts Jet2 price target
RBC Capital Markets lifted its price target on Jet2 on Thursday to 2,000p from 1,950p following the company’s trading statement a day earlier.
Berenberg lowers target price on Reckitt Group
Analysts at Berenberg lowered their target price on household goods manufacturer Reckitt Group from 5,800. 0p to 5,100. 0p on Thursday, citing limited visibility going forward.
Numis cuts Schroders target after Q1 AuM miss
Numis has trimmed its target price for Schroders after first-quarter results from the asset management firm were "a little weaker than expected".
Broker tips: Star Energy, Microlise Group
Analysts at Canaccord Genuity raised their target price on oil and gas extraction firm Star Energy from 55. 0p to 66. 0p on Wednesday, taking account of new commodity assumptions.
Berenberg ups target price on Microlise following FY results
Over at Berenberg, analysts hiked their target price on software firm Microlise Group from 170. 0p to 210. 0p on Wednesday after the company published its in-line full-year results earlier in the month.
Canaccord Genuity raises target price on Star Energy
Analysts at Canaccord Genuity raised their target price on oil and gas extraction firm Star Energy from 55. 0p to 66. 0p on Wednesday, taking account of new commodity assumptions.
Broker tips: HSBC, Reckitt Benckisser, Watches of Switzerland
Citi said on Tuesday that it remains 'overweight' UK banks, with HSBC one of its top picks.
RBC cuts Watches of Switzerland estimates on tough market dynamics
RBC Capital Markets has slashed its target price for Watches of Switzerland Group ahead of its full-year trading update next month, projecting a "tough" luxury watch market.
Jefferies upgrades Reckitt Benckiser to ‘hold’
Jefferies upgraded Reckitt Benckiser to ‘hold’ from ‘underperform’ on Tuesday and lifted the price target to 4,400p from 4,100p.