Broker Tips
Jefferies raises target price on Mondi
Jefferies upped its target price on paper and packaging business Mondi from 1,650. 0p to 1,700. 0p on Tuesday following the group's first-quarter trading update.
Berenberg hikes target price on Astrazeneca
Analysts at Berenberg hiked their target price on drugmaker Astrazeneca from 1,200. 0p to 1,300. 0p on Tuesday, citing the group was "instilling confidence in the revenues of tomorrow".
Broker tips: Shell, Standard Chartered, Team 17, AJ Bell
RBC Capital Markets has raised its forecasts for Shell and kept an 'outperform' rating, saying the business was "firing on most cylinders" in the quarter.
Shell's Q1 performance "encouraging", says RBC
RBC Capital Markets has raised its forecasts for Shell and kept an 'outperform' rating, saying the business was "firing on most cylinders" in the quarter.
Berenberg raises target price on Standard Chartered
Analysts at Berenberg raised their target price on multinational bank Standard Chartered from 1,050. 0p to 1,100. 0p on Friday after the group's Q1 earnings "validated" management's suggestion that the bank had experienced "an encouraging start" to the year.
Citi sees significant upside at Team17
Citi has reiterated its 'buy' rating for British video-game developer Team17, saying it sees significant upside to its valuation as operations stabilise.
Jefferies downgrades AJ Bell after share price rally
Jefferies downgraded its stance on AJ Bell on Friday to ‘hold’ from ‘buy’ after a circa 30% rally in the shares this year.
RBC Capital downgrades Alpha FMC after share price surge
RBC Capital Markets downgraded Alpha Financial Markets on Thursday to ‘sector perform’ from ‘outperform’ following the surge in the share price a day earlier after the financial services consultancy confirmed it had been approached by two parties about a possible takeover.
Broker tips: Volution, Videndum
Jefferies reiterated its 'buy' rating and 510. 0p target price on Volution on Wednesday as it said the company's ability to drive margins higher, through both revenue mix and efficiency, is more than offsetting the challenging market backdrop to deliver ongoing earning upgrades.
Jefferies reiterates ‘buy’ rating on Volution
Jefferies reiterated its ‘buy’ rating on Volution on Wednesday as it said the company’s ability to drive margins higher, through both revenue mix and efficiency, is more than offsetting the challenging market backdrop to deliver ongoing earning upgrades.
Berenberg lowers target price on Videndum following FY results
Analysts at Berenberg lowered their target price on hardware and software manufacturer Videndum from 500. 0p to 450. 0p on Wednesday following the release of the group's full-year results on 23 April.