Broker Tips
Broker tips: Michelmersh, Taylor Wimpey, British American Tobacco
Analysts at Berenberg lowered their target price on brick maker Michelmersh from 170p to 150p on Tuesday after the group published its H125 results earlier in the morning.
Berenberg lowers target price on Michelmersh following interim results
Analysts at Berenberg lowered their target price on brick maker Michelmersh from 170p to 150p on Tuesday after the group published its H125 results earlier in the morning.
RBC Capital downgrades BAT to 'underperform'
RBC Capital Markets downgraded British American Tobacco on Tuesday to ‘underperform’ from ‘sector perform’ but lifted the price target to 3,400p from 3,000 as it said profit expectations for the company’s New Categories are "seriously overblown".
Bank of America downgrades Taylor Wimpey to ‘neutral’, sees near-term headwinds
Bank of America downgraded Taylor Wimpey to ‘neutral’ from ‘buy’ on Tuesday and cut the price target 13% to 105p, pointing to near-term headwinds.
Broker tips: Tesco, Boku, NatWest
JPMorgan Cazenove placed Tesco on 'positive catalyst watch' on Monday ahead of first-half results next month, as it lifted its price target on the stock to 450p from 400p and reiterated its 'overweight' rating.
Berenberg raises target price on Boku
Analysts at Berenberg raised their target price on mobile payments company Boku from 280p to 300p on Monday as it said the firm was a "high-quality and differentiated offering" in the "increasingly commoditised" payment-processing industry.
Deutsche Bank maintains long-term positive view on UK banks
Deutsche Bank said on Monday that its potential long-term positive view on banks remains after the sector took a hit on Friday as the Institute for Public Policy Research suggested a potential windfall tax.
JPMorgan lifts Tesco price target, places stock on 'positive catalyst watch'
JPMorgan Cazenove placed Tesco on ‘positive catalyst watch’ on Monday ahead of first-half results next month, as it lifted the price target to 450p from 400p and reiterated its ‘overweight’ rating.
Broker tips: Chesnara, Rolls Royce
Analysts at Berenberg nudged up their target price on UK life and pension consolidator Chesnara from 328p to 333p on Friday following the group's first-half earnings a day earlier.
Berenberg nudges up target price on Chesnara
Analysts at Berenberg nudged up their target price on UK life and pension consolidator Chesnara from 328p to 333p on Friday following the group's first-half earnings a day earlier.
Citi hikes Rolls-Royce price target
Citi hiked its price target on Rolls-Royce on Friday to 1,101p from 641p, citing three main factors.
Broker tips: JD Sports, Currys
Analysts at Berenberg hiked their target price on sportswear retailer JD Sports from 128p to 155p on Thursday, stating it played "an important role in the market".
BNPP Exane upgrades Currys, says iD Mobile is underappreciated
BNP Paribas Exane upgraded Currys on Thursday to ‘outperform’ from ‘neutral’ and lifted the target price to 135p from 115p as it said the iD Mobile business is an underappreciated driver of the company’s growth, "enhancing sales, margins, and underpinning valuation".
Berenberg raises target price on JD Sports
Analysts at Berenberg hiked their target price on sportswear retailer JD Sports from 128p to 155p on Thursday, stating it played "an important role in the market".
Broker tips: Strix, Trifast, Zotefoams, JD Sports
Analysts at Berenberg initiated coverage on a number of UK capital goods and industrial engineering firms on Wednesday, noting that UK industrials have underperformed the market 11. 8% year-to-date, with macroeconomic uncertainty and tariffs not helping matters.
JD Sports still struggling with LFL declines, but Shore Capital stays positive
JD Sports' update this week revealed that underlying sales continued to struggle in the second quarter, but Shore Capital maintained a 'buy' rating on the stock, citing a "depressed" valuation.
Berenberg initiates trio of UK industrials with 'buy' ratings amid sector underperformance
Analysts at Berenberg initiated coverage on a number of UK capital goods and industrial engineering firms on Wednesday, noting that UK industrials have underperformed the market 11. 8% year-to-date, with macroeconomic uncertainty and tariffs not helping matters.
Broker tips: OXB, Bunzl, AB Foods, Kingfisher, Wickes
Analysts at RBC Capital Markets hiked their target price on gene and cell therapy firm OXB from 800p to 930p on Tuesday following its recent oversubscribed £60m equity funding and revenue guidance reiteration.
Deutsche Bank downgrades AB Foods, Kingfisher and Wickes
Deutsche Bank downgraded its stance on Associated British Foods, Kingfisher and Wickes on Tuesday as it took a look at the UK retail sector.
Shore Capital sees upside at Bunzl ahead of H2 recovery
Bunzl's share price was up 5% on Tuesday after a solid first-half report from the distribution company, with broker Shore Capital reiterating a 'buy' stance on the stock.
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