Broker Tips
Berenberg slightly raises target price on Trustpilot
Analysts at Berenberg slightly raised their target price on reviews platform operator Trustpilot from 260. 0p to 270. 0p on Wednesday following the group's interim results earlier in the morning.
Berenberg stays at 'buy' on The Pebble Group
Analysts at Berenberg took a fresh look at the Pebble Group on Tuesday following the group's interim results a day earlier.
Broker tips: Asos, The Pebble Group
Barclays downgraded Asos to 'underweight' from 'equalweight' and cut its price target to 290. 0p from 300. 0p as it said the online fashion retailer was no longer just a refinancing story.
Barclays downgrades Asos to ‘underweight’
Barclays downgraded Asos to ‘underweight’ from ‘equalweight’ and cut the price target to 290p from 300p as it said the online fashion retailer was no longer just a refinancing story.
Broker tips: Rightmove, Burberry
Jefferies upgraded Rightmove on Monday to 'hold' from 'underperform' and lifted its price target on the stock to 720. 0p from 450. 0p as it said an offer was "probable" after Australia's REA Group confirmed it was considering a possible cash and share offer for the property portal.
Jefferies upgrades Rightmove, says offer from REA Group 'probable'
Jefferies upgraded Rightmove on Monday to ‘hold’ from ‘underperform’ and lifted the price target to 720p from 450p as it said an offer was "probable" after Australia’s REA Group confirmed it was considering a possible cash and share offer for the property portal.
Burberry, Kering slump on Barclays downgrades
Luxury brands Burberry and Kering slumped on Monday as Barclays downgraded its stance on the shares to ‘underweight’ from ‘equalweight’ on structural concerns related to China.
Broker tips: Melrose Industries, Zephyr Energy, Entain
Morgan Stanley initiated coverage of Melrose Industries on Friday at 'equalweight' with a 500. 0p price target, noting that a strong aftermarket narrative supported its belief that profit and loss would come in 6-10% above consensus by 2027.
Morgan Stanley initiates Melrose Industries at ‘equalweight’
Morgan Stanley initiated coverage of Melrose Industries on Friday at ‘equalweight’ with a 500 price target.
Canaccord Genuity raises target price on Zephyr Energy following 36-2R test results
Analysts at Canaccord Genuity raised their target price on exploration and production firm Zephyr Energy from 14. 0p to 16. 0p on Friday following the publication of the group's hotly-anticipated 36-2R production test results.
Berenberg lowers target price on Entain
Analysts at Berenberg lowered their target price on bookmaker Entain from 1,140. 0p to 1,020. 0p on Friday, stating that the group was not yet "out of the woods".
Broker tips: Coats Group, Ecora Resources
Analysts at Berenberg raised their target price on thread and structural components' manufacturer Coats Group from 120. 0p to 135. 0p on Thursday after the group announced that its UK pension scheme was now fully de-risked, a long-awaited catalyst for the stock.
RBC Capital Markets hikes target price on Ecora Resources
RBC Capital Markets raised its target price on royalty and streaming company Ecora Resources from 100. 0p to 120. 0p on Thursday following the group's results call a day earlier.
Berenberg slightly raises target price on Coats Group
Analysts at Berenberg raised their target price on thread and structural components' manufacturer Coats Group from 120. 0p to 135. 0p on Thursday after the group announced that its UK pension scheme was now fully de-risked, a long-awaited catalyst for the stock.
Broker tips: Dalata Hotel Group, DS Smith
Analysts at Berenberg lowered their target price on hotels operator Dalata Hotel Group from 510. 0p to 480. 0p on Wendesday but applauded the group's "resilient H1 performance".
Stifel downgrades DS Smith to ‘hold’ from ‘buy’
Stifel downgraded DS Smith on Wednesday to ‘hold’ from ‘buy’ and cut the price target to 480p from 498p as it said the company’s near-term earnings are under pressure.
Berenberg lowers target price on Dalata Hotels Group
Analysts at Berenberg lowered their target price on hotels operator Dalata Hotel Group from 510. 0p to 480. 0p on Wendesday but applauded the group's "resilient H1 performance".
Broker tips: Hikma Pharmaceuticals, Judges Scientific, Michelmersh Brick
Berenberg upgraded Hikma Pharmaceuticals on Tuesday and lifted the price target to 2,400. 0p from 2,100. 0p as it said "clear progress" had been made.
Canaccord Genuity lowers target price on Michelmersh Brick Holdings
Analysts at Canaccord Genuity lowered their target price on building products manufacturer Michelmersh Brick Holdings from 180. 0p to 170. 0p on Tuesday following the group's interim trading results.
Jefferies starts Judges Scientific at ‘buy’ after share price correction
Jefferies initiated coverage on Judges Scientific on Tuesday with a ‘buy’ rating and 12,230p price target, as it said the valuation is more attractive following the recent share price correction, particularly if potential M&A upside is considered.