Broker Recommendations

Citi cautious on UK asset managers, downgrades Schroders and Standard Life
Fri 24 Jan 2020
(Sharecast News) - Analysts at Citi sounded a cautious note on traditional European asset managers in general and UK ones in particular.

RBC upgrades Rathbone Brothers to 'outperform'
Fri 24 Jan 2020
(Sharecast News) - Analysts at RBC Capital Markets upgraded wealth management firm Rathbone Brothers from 'sector perform' to 'outperform' on Friday, stating that the group's shares now presented a value opportunity following the General Election back in December.

Friday broker round-up
Fri 24 Jan 2020
(Sharecast News) - TT Electronics: Jefferies downgrades to hold with a target price of 265p.

BofA changes rate call on BoE after PMIs, sees cut on 30 January
Fri 24 Jan 2020
(Sharecast News) - Economists at Bank of America changed their call for the Bank of England's next rate-setting meeting on 30 January, telling clients to expect a cut following the latest surveys on conditions within the UK's manufacturing and services sectors.

Berenberg lowers target on Polymetal, cites stronger rouble
Fri 24 Jan 2020
(Sharecast News) - Analysts at Berenberg lowered their target price on shares in precious metals mining outfit Polymetal shares from 1,480p to 1,420p on Friday but noted that the group remained one of its "favoured names" in the gold space, adding that it saw potential for a special dividend.

US Fed meeting will decide if 'irrational exuberance' extends into Q1, BofA says
Fri 24 Jan 2020
(Sharecast News) - You should "sell" as the S&P 500 nears the 3,500 point mark and if you are wondering what the level of "irrational exuberance" is that would prompt the US central bank, the Federal Reserve, to raise interest rates, for the Nasdaq Composite that level would come in at about 10,600 points, a top-rated strategy team said.

Citi initiates Aston Margin Lagonda at 'buy/high risk'
Thu 23 Jan 2020
(Sharecast News) - Citi initiated coverage of shares of luxury car maker Aston Martin Lagonda with a 'buy/high risk' rating on Thursday and 600p price target.

Thursday broker round-up
Thu 23 Jan 2020
(Sharecast News) - Ocado Group: Berenberg upgrades to buy with a target price of 1,635p.

Berenberg trims target on Close Brothers following 'cautious' update
Thu 23 Jan 2020
(Sharecast News) - Analysts at Berenberg lowered their target price on merchant banking group Close Brothers' shares to 1,410.0p from 1,460.0p following the second consecutive cautious trading update from the company.

Morgan Stanley hikes target for Renishaw ahead of turning point in Asian demand
Thu 23 Jan 2020
(Sharecast News) - Analysts at Morgan Stanley upgraded their recommendation on shares of British engineer Renishaw to 'overweight' on Thursday as it forecast a "strong inflection" in machine tool data by mid-year.

Morgan Stanley upgrades Experian on Brazil opportunity
Wed 22 Jan 2020
(Sharecast News) - Morgan Stanley upped its rating on shares of credit-checking firm Experian to 'overweight' from 'equalweight' on Wednesday as it pointed to a change in regulation in Brazil that should benefit the group.

Wednesday broker round-up
Wed 22 Jan 2020
(Sharecast News) - Experian: Morgan Stanley upgrades to overweight with a target price of 2,950p.

Berenberg cuts N Brown target price
Wed 22 Jan 2020
(Sharecast News) - Analysts at Berenberg cut their target price on 'hold' rated N Brown on Wednesday, saying the retailer's operational performance over the last few months was not going "in the same direction" as it had when the firm's strong run began at the start of 2019.

UBS upgrades Ferguson, downgrades Travis Perkins
Wed 22 Jan 2020
(Sharecast News) - UBS upgraded its stance on Ferguson on Wednesday but downgraded Travis Perkins, as it took a look at the European building materials sector.

Jefferies downgrades Spire Healthcare after re-rating
Tue 21 Jan 2020
(Sharecast News) - Jefferies downgraded its stance on shares of private healthcare provider Spire Healthcare to 'underperform' on Tuesday, as it said the rally since 3 October, when it upgraded to 'hold', gives an "unfavourable risk/reward" to the stock.

Tuesday broker round-up
Tue 21 Jan 2020
(Sharecast News) - Ricardo: Berenberg upgrades to hold with a target price of 770p.

Citi downgrades 'fairly valued' Morgan Stanley
Tue 21 Jan 2020
(Sharecast News) - Citi has downgraded its rating on Morgan Stanley, arguing that the bank is already fairly valued.

Morgan Stanley downgrades ASOS to 'underweight'
Mon 20 Jan 2020
(Sharecast News) - Morgan Stanley downgraded shares of online fashion retailer ASOS to 'underweight' from 'equalweight' on Monday, cutting the price target to 2,000p from 2,100p as it argued that consensus medium-term forecasts are "still much too high".

Monday broker round-up
Mon 20 Jan 2020
(Sharecast News) - Avon Rubber: Berenberg downgrades to hold with a target price of 2,300p.

Credit Suisses start Gazprom at 'neutral', says new payout policy priced-in
Mon 20 Jan 2020
(Sharecast News) - Analysts at Credit Suisse started coverage of London-listed Russian natural gas giant Gazprom a 'neutral' with a $9.0 target price on its American Depositary Receipts, forecasting that the group's payout policy would rise to 5.0% of profits by 2021, versus 30.0% in 2019.

More Stories

20 Jan UBS downgrades Capita, casts doubt over turnaround
20 Jan JPMorgan downgrades ConvaTec on valuation
17 Jan Morgan Stanley says key questions left unanswered by Tullow Oil
17 Jan Morgan Stanley highlights 'underappreciated' opportunity at Ashtead
17 Jan Friday broker round-up
17 Jan Canaccord Genuity lowers target price on Whitbread
16 Jan Jefferies lowers Diageo to 'hold' following banner year
16 Jan Barclays downgrades Spirent on valuation after stellar run in 2019
16 Jan Thursday broker round-up
16 Jan Barclays downgrades GlaxoSmithKline to 'underweight'
15 Jan Wednesday broker round-up
15 Jan Aston Martin needs to raise 'at least' ?400m of fresh equity, says Jefferies
15 Jan Barclays downgrades RBS to 'underweight'
15 Jan Berenberg initiates coverage on Talk Talk with damning report, starts at 'sell'
15 Jan Improved political outlook boosts housing market - RICS
15 Jan Goldman adds Capita to 'Conviction List', hikes price target
14 Jan Tuesday broker round-up
14 Jan Morgan Stanley upgrades Easyjet, Wizz Air and Ryanair
14 Jan Canaccord raises target on Spirent Communications
13 Jan Monday broker round-up
13 Jan Berenberg raises target price on JD Sports
13 Jan RBC Capital downgrades Ted Baker, upgrades Superdry
13 Jan Barclays upgrades Ashmore, downgrades Man Group
10 Jan Friday broker round-up
10 Jan Liberum downgrades SIG to 'hold' following profit warning
10 Jan Berenberg upgrades Polymetal to 'buy'
10 Jan UK pub and restaurant sector now 'fairly valued', says RBC
09 Jan UBS drops Computacenter to 'sell' following recent re-rating
09 Jan Thursday broker round-up
09 Jan Wood Group share price drop 'overdone', says Morgan Stanley
09 Jan Berenberg raises target on Breedon following CEMEX acquistion
08 Jan RBC slashes target price for Genel Energy on Mideast tensions
08 Jan Bank of America downgrades Spectris due to macro headwinds, trims target
08 Jan Rotork knocked lower by double downgrade out of Bank of America
08 Jan RBC upgrades Imperial Brands despite lack of dividend reset
08 Jan Wednesday broker round-up
08 Jan Berenberg ups target price on Chemring
07 Jan Goldman Sachs downgrades SSE after outperformance
07 Jan Citi, JP Morgan upgrade BAE Systems
07 Jan Citi rings the changes at Vodafone
07 Jan Tuesday broker round-up
07 Jan Credit Suisse downgrades Rentokil to 'neutral'
07 Jan Liberum raises price target on Quilter
07 Jan Berenberg ups Marks & Spencer to 'buy' ahead of Q3 update
06 Jan Berenberg raises price target for On the Beach
06 Jan Deutsche Bank downgrades St James's Place to 'hold'
03 Jan Friday broker round-up
02 Jan Jefferies stays at 'buy' on Tesco in anticipation of stronger UK economy
23 Dec Shore Capital praises Global Ports' Asian operations
23 Dec Monday broker round-up
23 Dec Berenberg lower target price on Trifast amid 'tough' end-markets
20 Dec Friday broker round-up
19 Dec Thursday broker round-up
19 Dec HSBC downgrades Rio Tinto, Anglo American on valuation
19 Dec Capita knocked lower by Deutsche Bank downgrade
19 Dec Berenberg downgrades TUI to 'hold'
18 Dec Berenberg slashes target price for Petrofac on weak order intake
18 Dec Wednesday broker round-up
18 Dec Barclays eyes substantial upside for Reckitt Benckiser shares
18 Dec Deutsche Bank downgrades London office real estate sector
17 Dec Citi downgrades RBS to 'neutral' following 'relief rally'
17 Dec Tuesday broker round-up
17 Dec Berenberg downgrades Schroders' to 'hold' given low returns on surplus capital
17 Dec Muddy Waters says it's shorting NMC Health, shares sink
16 Dec Double upgrade from BofA-ML sees British American Tobacco jump
16 Dec Morgan Stanley upgrades RBS, expects higher capital distributions
16 Dec Jefferies says clarity on Barclays's returns and capital repatriation highest in 10 years
16 Dec Monday broker round-up
16 Dec Berenberg stays at 'buy' on Boeing as it waits for decision on 737 and dividend
16 Dec Berenberg lowers target price on 'sell' rated Pearson
13 Dec HSBC upgrades IAG to 'buy' following election results
13 Dec RBC Capital welcomes changes to Centamin board
13 Dec Friday broker round-up
13 Dec ShoreCap ups Informa to 'buy'
12 Dec Thursday broker round-up
12 Dec Liberum cuts target price on Costain
12 Dec JD Sports share price slump 'buying opportunity', says Berenberg
11 Dec Wednesday broker round-up
11 Dec Barclays cuts target prices for copper miners but sees gold lining
11 Dec Liberum slashes price target on Just Eat
11 Dec RBC downgrades Beazley on 'social inflation' costs in US
10 Dec RBC Capital Markets upgrades Marks & Spencer to 'outperform'
10 Dec JP Morgan sees trade deal and elections driving S&P 500 to 3,400
10 Dec Canaccord axes target on Tullow Oil after 'disastrous' update
10 Dec Berenberg upgrades Ocado to 'buy'
10 Dec Tuesday broker round-up
09 Dec Deutsche Bank stays at 'hold' on Aston Martin debt after St.Athan opening
09 Dec Canaccord downgrades Berkeley Group after recent run higher
09 Dec ShoreCap downgrades TP ICAP, sending shares lower
09 Dec Acquisition offer shows that Tesco is undervalued, Jefferies says
09 Dec Jefferies sweetens rating on Tate & Lyle
09 Dec Berenberg lowers target price on Anglo Pacific
09 Dec RBC Capital downgrades ConvaTec after share price strength
06 Dec Jefferies trims target price on Glencore to reflect 'risk' from SFO investigation
06 Dec Canaccord stays at 'buy' on Berkeley Group, praises 'extremely good' management
06 Dec RBC Capital starts Provident Financial at 'sector perform'
06 Dec Berenberg ups target on Halma, but stays at 'hold'
05 Dec ShoreCap 'happy' to reiterate 'buy' on Boohoo
05 Dec RBC starts M&G at 'sector perform' in anticipation of fund outflows
05 Dec RBC starts M&G at 'sector perform' in anticipation of fund outflows