Broker Recommendations

Canaccord Genuity nudges up price target on Ashmore
Mon 19 Oct 2020
(Sharecast News) - Analyst at Canaccord Genuity slightly raised their target price on investment management firm Ashmore Group from 243.0p to 430.0p on Monday after the company's recent trading update indicated a "continued slowdown" of net outflows.

Monday broker round-up
Mon 19 Oct 2020
(Sharecast News) - Intercontinental Hotels Group: Peel Hunt downgrades to hold with a target price of 4,300p.

IWG risk-reward 'too attractive to miss', says Berenberg
Mon 19 Oct 2020
(Sharecast News) - Berenberg upgraded its stance on shares of workspace provider IWG to 'buy' from 'hold' on Monday, lifting the price target to 350p from 260p as it said the risk/reward investment case is now skewed materially to the upside.

Deutsche Bank initiates coverage of Trainline at 'buy'
Mon 19 Oct 2020
(Sharecast News) - Deutsche Bank initiated coverage of Trainline on Monday with a 'buy' rating and 414p price target.

Peel Hunt cuts earnings forecasts for IHG as 'tough winter' nears
Mon 19 Oct 2020
(Sharecast News) - Peel Hunt has cut both earnings forecasts and its rating on InterContinental Hotels Group, as the Covid-19 pandemic continues to undermine the international hospitality sector.

Berenberg upgrades Whitbread to 'buy'
Fri 16 Oct 2020
(Sharecast News) - Analysts at Berenberg upgraded their rating on hotel operator Whitbread from 'hold' to 'buy' on Friday, stating the current price of the stock left the group undervalued given its real estate portfolio.

RBC Capital upgrades Dixons Carphone, JD Sports
Fri 16 Oct 2020
(Sharecast News) - RBC Capital Markets upgraded its rating on JD Sports and Dixons Carphone on Friday.

Barclays downgrades Pearson to 'underweight'
Thu 15 Oct 2020
(Sharecast News) - Barclays downgraded its stance on education publisher Pearson to 'underweight' from 'equalweight' on Thursday, cutting the price target to 520p from 570p as it pointed to multiple risks to 2021 forecasts.

Deutsche Bank lifts Bunzl price target after Q3 update
Thu 15 Oct 2020
(Sharecast News) - Deutsche Bank upped its price target on shares of distribution and services group Bunzl to 2,971p from 2,175p on Thursday following the company's third-quarter update a day earlier.

Liberum slashes easyJet price target
Thu 15 Oct 2020
(Sharecast News) - Broker Liberum cut its price target on hold-rated easyJet to 500p from 600p on Thursday as it said the short-term outlook is toughening, with tightening Covid-19 restrictions.

JPM downgrades Diploma after 'surprisingly strong' reaction to Windy City deal
Wed 14 Oct 2020
(Sharecast News) - JPMorgan Cazenove downgraded Diploma to 'neutral from 'overweight' on Wednesday following "a surprisingly strong" share price reaction to the Windy City Wires acquisition.

HSBC upgrades Stagecoach, Go-Ahead; downgrades Firstgroup
Wed 14 Oct 2020
(Sharecast News) - HSBC downgraded its stance on FirstGroup on Wednesday, but lifted its ratings on Go-Ahead and Stagecoach as it took a look at UK bus and rail operators.

JPMorgan slashes target price on Hammerson
Wed 14 Oct 2020
(Sharecast News) - Analysts at JPMorgan slashed their target price on real estate investment trust Hammerson from 185.0p to 30.0p on Wednesday, stating the group appeared to be "two to three years away" from pursuing its value-enhancing strategy.

Animal spirits lead Citi to raise target for Pets at Home
Tue 13 Oct 2020
(Sharecast News) - Analysts at Citi bumped up their profit estimates and target price for shares of Pets at Home Group, highlighting both its "strong" market share and structural market growth which might pave the way for the generation of excess capital.

Credit Suisse lifts Experian price target
Tue 13 Oct 2020
(Sharecast News) - Credit Suisse upped its price target on credit-checking firm Experian to 3,600p from 3,450p on Monday as it lifted its earnings per share estimates by 2-4% for FY22-23 to reflect strong growth in Brazilian and North American B2C.

Berenberg hikes target price on XP Power
Tue 13 Oct 2020
(Sharecast News) - Analysts at Berenberg hiked their target price on power supply manufacturer XP Power from 4,980.0p to 5,230.0p on Tuesday, stating its upgrade cycle was continuing.

Canaccord Genuity lowers target price on Stagecoach
Mon 12 Oct 2020
(Sharecast News) - Analysts at Canaccord Genuity cut their target price on public transport operator Stagecoach from 85.0p to 62.0p on Monday as they made downgrades to assumptions for the firm's regional bus unit.

Goldman bullish on oil and natural gas prices even if Democrats take White House
Mon 12 Oct 2020
(Sharecast News) - Goldman Sachs remains 'bullish' on the outlook for oil and natural gas prices, even in the event of a victory for Democrats at the next US Presidential election on 3 November.

Citi sees contrarian 'opportunity' in UK banks
Mon 12 Oct 2020
(Sharecast News) - Analysts at Citi reiterated their 'buy' stance on several of the UK's largest lenders, citing the likely resumption of dividend payments from February 2021 onwards among some of the positives for the group.

Berenberg hikes target price on Electrocomponents
Mon 12 Oct 2020
(Sharecast News) - Analysts at Berenberg hiked their target price on industrial and electronics products distributor Electrocomponents from 575.0p to 815.0p on Monday, highlighting the acceleration of some pre-existing trends.

More Stories

12 Oct Sanne rallies on RBC Capital markets upgrade
09 Oct Jefferies says price paid to LSE Group for Borsa Italiana 'reasonable'
09 Oct Friday broker round-up
09 Oct Canaccord Genuity maintains 'hold' rating on Spirent Communications following CMD
09 Oct Berenberg lowers target price on Rolls-Royce
08 Oct Thursday broker round-up
08 Oct Canaccord Genuity reiterates 'hold' rating on Volution Group
08 Oct Berenberg upbeat on BP long-term, less so on 12-month basis
07 Oct Morgan Stanley cuts targets for Shell and BP, sees short-term pressure on shares
07 Oct Wednesday broker round-up
07 Oct Berenberg reiterates 'buy' rating on Urban & Civic
07 Oct Canaccord Genuity raises GB Group to 'buy'
06 Oct Canaccord Genuity 'strongly' reiterates 'buy' rating on Gamesys
06 Oct Tuesday broker round-up
06 Oct Berenberg raises target price on YouGov
05 Oct Shore reviews Weir rating after oil and gas deal
05 Oct Morgan Stanley upgrades Experian to 'overweight'
05 Oct Monday broker round-up
05 Oct Berenberg lowers target price on Applegreen
02 Oct Berenberg lowers William Hill to 'hold' following Caesars bid
01 Oct Canaccord Genuity slashes target price on Go-Ahead Group
01 Oct Thursday broker round-up
01 Oct Berenberg raises target price on Sumo Group
30 Sep Wednesday broker round-up
30 Sep Morgan Stanley asks whether office stocks are 'overly discounted'
30 Sep Canaccord downgrades TP Icap, says purchase of Liquidnet would be earnings dilutive
30 Sep Berenberg retains rating on Shell, flags 'challenging' quarter
29 Sep JP Morgan upgrades Standard Life Aberdeen, recommends reducing payout
29 Sep Berenberg downgrades Next, says structural pressures not priced in
28 Sep Jefferies says William Hill could be worth as much as 460p, or 80p
28 Sep Monday broker round-up
28 Sep Credit Suisse ups target price on BT
28 Sep JPM cuts Rolls-Royce price target, sees 6bn of new equity
28 Sep JPMorgan upgrades Spire Healthcare to 'overweight'
25 Sep Jefferies says Close Brothers has no edge in this recession
25 Sep Citi says all not well at Shell, reiterates 'sell' rating
25 Sep Friday broker round-up
25 Sep JP Morgan stays at 'neutral' on Aston Martin, waiting on incoming CEO's plans
24 Sep Canaccord Genuity hikes target price for Ferguson, buoyant US housing key
24 Sep Thursday broker round-up
24 Sep Berenberg starts Renishaw coverage with 'buy' rating
24 Sep Credit Suisse sees room for capital returns at NatWest Group
24 Sep UK housebuilders too cheap to ignore, says Jefferies
24 Sep JP Morgan upgrades Centrica to 'overweight'
23 Sep JP Morgan upgrades Diploma on proposed acquisition of Windy City Wire
23 Sep Ryanair and Wizz are 'best plays for recovery', says Morgan Stanley
23 Sep Wednesday broker round-up
23 Sep Citi predicts €2bn TUI cash call, cuts price target
23 Sep JP Morgan initiates Boohoo at 'overweight'
22 Sep Citi cuts price target for easyJet
22 Sep Tuesday broker round-up
22 Sep Morgan Stanley says CCH and Britivic shares not reflecting pace of recovery
22 Sep Buy Superdry shares on weakness, says Liberum
22 Sep RBC Capital Markets upgrades Imperial Brands, British American Tobacco
21 Sep Monday broker round-up
21 Sep Berenberg hikes target price on Keywords Studios
21 Sep RBC Capital upgrades Burberry to 'sector perform'
18 Sep Canaccord stays at 'buy' for Gresham House on 'strong' outlook
18 Sep Liberum hikes target price on Keywords Studios
18 Sep Friday broker round-up
17 Sep Citi says 'buy' Ceres Power and ITM Power
17 Sep Thursday broker round-up
17 Sep Barclays makes long-term call on Compass, upgrades to 'overweight'
17 Sep Canaccord downgrades Petropavlovsk to 'hold'
17 Sep JPMorgan downgrades Informa as it waits for business travel to return
16 Sep Deutsche Bank hikes target price on William Hill
16 Sep Wednesday broker round-up
16 Sep JP Morgan cuts Morrisons to 'underweight'
16 Sep Berenberg cuts target price on Capital & Regional
15 Sep RBC ups Glencore to 'outperform' following MBO 'thought experiment'
15 Sep Tuesday broker round-up
15 Sep Canaccord Genuity ups MJ Gleeson to 'buy'
15 Sep Trainline hit as JPMorgan cuts estimates ahead of H1 results
14 Sep Contested US election is biggest market risk - JP Morgan
14 Sep Monday broker round-up
14 Sep Canaccord Genuity cuts target price on Premier Oil
14 Sep Liberum downgrades Ryanair to 'hold'
11 Sep Friday broker round-up
11 Sep Liberum hikes target price on Team17
11 Sep Liberum ups price target on 'far too cheap' Halfords
11 Sep Royal Mail rallies after JPMorgan upgrade
11 Sep JP Morgan upgrades Barratt and Vistry
11 Sep Citi initiates coverage of Avast at 'neutral'
11 Sep Berenberg slashes target price on Rolls-Royce, raises to 'buy'
11 Sep Jefferies upgrades Travis Perkins to 'buy'
10 Sep Thursday broker round-up
10 Sep Interest rate cuts in UK and US will be a sustained drag on Equiniti's profits, Berenberg says
10 Sep Barclays ups Computacenter price target as shares hit new high
10 Sep Citi upgrades Rio Tinto to 'buy'
10 Sep Berenberg raises target price on Team17 following 'first half to remember'
10 Sep Berenberg raises target price on Team17 following 'first half to remember'
10 Sep Deutsche Bank upgrades Hargreaves Lansdown on improved flow outlook
10 Sep Bernstein downgrades Petrofac to 'underperform'
09 Sep Liberum starts Shanta Gold at 'buy', says shares are 'cheap' at spot prices
09 Sep Berenberg ups rating on IMI to 'hold'
09 Sep Citi sees short-term pressure on Informa shares
09 Sep Jefferies says short-term correction in AstraZeneca may prove misplaced
09 Sep Wednesday broker round-up
09 Sep Berenberg raises target price on William Hill
08 Sep Berenberg upgrades Hargreaves Landown, SLA, St James's Place