Broker Tips
Broker tips: Fresnillo, Smith and Nephew, 3i Group
Canaccord Genuity downgraded Fresnillo on Monday to ‘hold’ from ‘buy’ as it pointed to a strong run over the past three to six months.
Canaccord Genuity lifts Fresnillo price target, downgrades to ‘hold’
Canaccord Genuity downgraded Fresnillo on Monday to ‘hold’ from ‘buy’ as it pointed to a strong run over the past three to six months.
Jefferies cuts Smith & Nephew target but stays optimistic
Jefferies has slashed its target price for medical devices maker Smith & Nephew from 1,400p to 1,250p after challenges in China weighed heavily on third-quarter results.
RBC Capital Markets lowers 3i Group to 'sector perform'
Analysts at RBC Capital Markets downgraded 3i Group from 'outperform' to 'sector perform' on Monday, citing valuation grounds.
RBC Capital ups Frasers Group to ‘outperform’
RBC Capital Markets upgraded Frasers Group on Monday to ‘outperform’ from ‘sector perform’ with a ‘speculative risk’ qualifier.
Broker tips: Warpaint, Schroders, Braemar, Morgan Sindall
RBC Capital Markets initiated coverage of Warpaint on Friday with an ‘outperform’ rating and 685. 0p price target.
Berenberg starts Morgan Sindall at ‘buy’
Berenberg started coverage of Morgan Sindall on Friday with a ‘buy’ rating and 4,500p price target.
Canaccord Genuity lowers target price on Braemar
Analysts at Canaccord Genuity lowered their target price on shipbroking services business Braemar from 410. 0p to 380. 0p on Friday following the recently announced increase to the UK Employers National Insurance rate.
BNP Paribas Exane upgrades Schroders ahead of Q3 results
BNP Paribas Exane upgraded Schroders on Friday to ‘outperform’ from ‘neutral’ ahead of third-quarter results next week, as it pointed to improving momentum and an attractive valuation.
RBC Capital starts W7 owner Warpaint at ‘outperform’
RBC Capital Markets initiated coverage of Warpaint on Friday with an ‘outperform’ rating and 685p price target.
Broker tips: Nexteq, Lloyds
Analysts at Canaccord Genuity lowered their target price on business-to-business technology firm Nexteq from 200. 0p to 110. 0p on Friday, citing short-term headwinds.
RBC cuts target prices for UK banks after motor finance ruling
RBC Capital Markets has cut target prices for a number of UK-listed banks after this week's landmark ruling on motor finance commissions, saying that the news brings about an increased level of uncertainty and potential downside for lenders.
Canaccord Genuity lowers target price on Nexteq
Analysts at Canaccord Genuity lowered their target price on business-to-business technology firm Nexteq from 200. 0p to 110. 0p on Friday, citing short-term headwinds.
Broker tips: Bridgepoint, Elementis, IAG, EasyJet
Citi downgraded its stance on alternative asset fund management group Bridgepoint on Wednesday to 'neutral' as it said there were limited near-term catalysts after the shares have risen 80% over the past year.
Berenberg lowers target price on Elementis
Analysts at Berenberg lowered their target price on specialty chemicals business Elementis from 190. 0p to 170. 0p on Wednesday after the group's Q3 results a day earlier.
Jefferies initiates coverage on European airline stocks
Jefferies initiated coverage on a raft of European airline stocks on Wednesday as it argued that the market is overstating the risks.
Citi downgrades Bridgepoint to 'neutral'
Citi downgraded its stance on alternative asset fund management group Bridgepoint on Wednesday to ‘neutral’ as it said there are limited near-term catalysts and the shares are up 80% over the past year.
Broker tips: TI Fluid Systems, RWS Holdings, Melrose Industries
Jefferies downgraded its stance on TI Fluid Systems on Tuesday to 'hold' from 'buy' and cut its target price on the stock from 215. 0p following a takeover proposal from ABC Technologies.
Berenberg lowers target price on RWS following FY trading update
Analysts at Berenberg lowered their target price on RWS Holdings from 380. 0p to 330. 0p on Tuesday following the group's FY24 trading update.
Melrose Industries ‘explainer’ on RRSPs a ‘positive development’, says Citi
The "explainer" released by Melrose Industries on Monday about its 19 Risk and Revenue Sharing Partnerships (RRSPs) is a "positive development," Citi said in a research note.