Broker Tips
RBC Capital starts Auction Technology at ‘sector perform’
RBC Capital Markets started coverage of Auction Technology on Tuesday with a ‘sector perform’ rating and a 540p price target.
RBC hails growth potential at Domino's Pizza Group
RBC Capital Markets has started coverage of UK-listed Domino's Pizza Group with an 'outperform' rating, hailing the appointment of a new chief executive along with the company's numerous opportunities to drive order growth.
Broker tips: Ocado, Prudential
Bernstein downgraded Ocado on Monday to ‘underperform’ from ‘outperform’ and slashed its price target on the stock to 250. 0p from 1,000. 0p, having been "one of the last bulls standing".
Jefferies keeps Prudential at 'buy' despite multiple headwinds in Asia
Jefferies has trimmed its target price for Prudential ahead of the insurer's first-half results next month, but has reiterated a 'buy' rating, saying that the stock's current low valuation is unwarranted.
Bernstein downgrades Ocado to ‘underperform’, slashes price target
Bernstein downgraded Ocado on Monday to ‘underperform’ from ‘outperform’ and slashed the price target to 250p from 1,000p, "having been one of the last bulls standing".
Broker tips: Hays, Softcat, Vodafone, BHP
RBC Capital Markets cut its price target on Hays on Friday after the recruiter said a day earlier that full-year profit was set to be around the bottom end of the market consensus range of £106m to £113m as it posted a drop in fourth-quarter net fees.
Berenberg lowers target price on BHP
Analysts at Berenberg lowered their target price on mining giant BHP from 2,100. 0p to 2,000. 0p on Friday after the firm provided the market with clarity on the futures of its West Australian nickel business.
Citi stays cautious over Vodafone's growth slowdown
Citi has maintained a 'neutral' stance on Vodafone ahead of the telecoms group's first-quarter results in two weeks, saying that the top-line moderation in two key markets could keep a lid on growth.
Smurfit Westrock 'top pick' in sector, says JPMorgan
JPMorgan Cazenove initiated coverage of Smurfit Westrock on Friday with an ‘overweight’ rating and $66 price target, adding the stock to its ‘Analyst Focus List’.
Shore Capital upgrades Softcat back to 'buy' after recent declines
Shore Capital has moved its rating for Softcat back to a 'buy', just two weeks after downgrading the stock, following a big share-price decline at the IT infrastructure group.
RBC Capital trims Hays price target
RBC Capital Markets cut its price target on Hays on Friday after the recruiter said a day earlier that full-year profit was set to be around the bottom end of the market consensus range of £106m to £113m as it posted a drop in fourth-quarter net fees.
Broker tips: Idox, Anglo American
Analysts at Berenberg initiated coverage on software specialist Idox with a 'buy' rating and 81. 0p target price on Thursday, citing an attractive geo-spatial opportunity.
RBC Capital downgrades Anglo American, cuts forecasts on Grosvenor fire
RBC Capital Markets downgraded Anglo American on Thursday to ‘sector perform’ from ‘outperform’ and cut the price target to 2,600p from 3,100p.
Berenberg initiates coverage on Idox at 'buy'
Analysts at Berenberg initiated coverage on software specialist Idox with a 'buy' rating and 81. 0p target price on Thursday, citing an attractive geo-spatial opportunity.
Broker tips: Next, Page Group, IAG
Citi has upgraded Next from 'sell' to 'neutral' and hiked its target price by 40% on the back of an improving macro environment in the UK and the retailer's cash position.
Morgan Stanley double upgrades IAG to 'overweight', shares fly higher
Morgan Stanley double upgraded IAG on Wednesday to ‘overweight’ from ‘underweight’ and lifted the price target to €2. 80 from €2. 10.
RBC stays positive about PageGroup despite profit warning
PageGroup's profit warning this week wasn't enough to deter RBC Capital Markets from changing its 'outperform' rating on the stock, saying it expects a "sharp recovery in earnings".
Citi upgrades Next, hikes target price by 40%
Citi has upgraded Next from 'sell' to 'neutral' and hiked its target price by 40% on the back of an improving macro environment in the UK and the retailer's cash position.
Broker tips: Curry's, Anglo American
Deutsche Bank upgraded Currys on Tuesday to 'buy' from 'hold' as it turned more positive on UK retailers.
Deutsche Bank upgrades Currys, Kingfisher and Moonpig to 'buy'
Deutsche Bank upgraded Currys, Kingfisher and Moonpig on Tuesday to ‘buy’ from ‘hold’ as it turned more positive on UK retailers.