Broker Tips
Broker tips: Bellway, Eckoh, Cineworld, HSBC, Barclays
Analysts at Berenberg raised their target price on construction firm Bellway from 3,240. 0p to 4,180. 0p on Wednesday, stating the group's record land buying showed "fresh confidence".
Numis upgrades HSBC to 'buy', says 'short squeeze' possible
Analysts at Numis have upgraded their view on shares of HSBC following the lender's first quarter results.
Wednesday broker round-up
Lloyds Banking Group: RBC Capital Markets reiterates outperform with a target price of 5,100p.
Berenberg hikes target price on Bellway
Analysts at Berenberg raised their target price on construction firm Bellway from 3,240. 0p to 4,180. 0p on Wednesday, stating the group's record land buying showed "fresh confidence".
JP Morgan stays 'overweight' on Barclays, says earnings recovery on track
Analysts at JP Morgan reiterated their 'overweight' stance and 210. 0p target price on shares of Barclays, telling clients that the lender's earnings recovery was on track despite management's messaging on costs.
Canaccord Genuity raises target price on Eckoh
Analysts at Canaccord Genuity raised their target price on software and services firm Eckoh from 75. 0p to 88. 0p on Wednesday, stating the group was "well-positioned" for the 2022 trading year and beyond.
Barclays reinstates coverage of Cineworld at ‘equalweight’
Barclays reinstated coverage of Cineworld at ‘equalweight’ on Wednesday with a 115p price target as it said a blockbuster year was needed to help deleveraging.
Broker tips: Travis Perkins, Ashtead, IAG
Analysts at Canaccord Genuity raised their rating on business services firm Travis Perkins from 'hold' to 'buy' on Tuesday, following the group's successful demerger from Wickes.
Canaccord Genuity ups Travis Perkins to 'buy' following Wickes demerger
Analysts at Canaccord Genuity raised their rating on business services firm Travis Perkins from 'hold' to 'buy' on Tuesday, following the group's successful demerger from Wickes.
Berenberg hikes target price on Ashtead
Analysts at Berenberg significantly raised their target price on building equipment provider Ashtead from 2,850. 0p to 4,850. 0p on Tuesday, citing the group's "ambitious" market share plans.
JPMorgan upgrades British Airways owner IAG to ‘overweight’
JPMorgan Cazenove upgraded shares of British Airways owner IAG on Tuesday to ‘overweight’ from ‘neutral’ as it said that while 2021 is expected to remain very challenging, the prospects for 2022 onwards "look promising as global air travel starts to normalise".
Broker tips: Standard Chartered, Howden Joinery
Berenberg raised its target price on financial services company Standard Chartered from 550. 0p to 630. 0p on Friday, stating the firm was now "catching up" with the rest of the pack.
Canaccord ups target price on Howden Joinery following Q1 update
Analysts at Canaccord Genuity hiked their target price on kitchen supplier Howden Joinery from 735. 0p to 775. 0p on Friday, stating the group had "started the year well".
Berenberg raises target price on 'undervalued' Standard Chartered
Berenberg raised its target price on financial services company Standard Chartered from 550. 0p to 630. 0p on Friday, stating the firm was now "catching up" with the rest of the pack.
Broker tips: Grafton, TT Electronics
Analysts at Canaccord Genuity downgraded business services firm Grafton from 'buy' to 'hold' on Thursday, stating there was now a "less compelling" risk/reward scenario as a result of the group's share price approaching record highs.
Thursday broker round-up
Grafton Group: Canaccord downgrades to hold with a target price of 1,235. 0p.
Canaccord Genuity downgrades Grafton to 'hold'
Analysts at Canaccord Genuity downgraded business services firm Grafton from 'buy' to 'hold' on Thursday, stating there was now a "less compelling" risk/reward scenario as a result of the group's share price approaching record highs.
Berenberg raises target price on TT Electronics
Analysts at Berenberg raised their target price on electronic resistors manufacturer TT Electronics from 230. 0p to 285. 0p, stating cash was "king".
Broker tips: IMI, 888 Holdings
Analyst at Berenberg raised their target price on flow control specialist IMI from 995. 0p to 1,485. 0p, stating the group was "quick off the mark".
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