Broker Tips
Broker tips: DFS Furniture, Ferrexpo
Analysts at Berenberg hiked their target price on retailer DFS Furniture from 175. 0pto 210. 0p after hosting a fireside chat with chief executive Tim Stacey and chief financial officer Mike Schmidt.
Berenberg raises target price on DFS Furniture
Analysts at Berenberg hiked their target price on retailer DFS Furniture from 175. 0pto 210. 0p after hosting a fireside chat with chief executive Tim Stacey and chief financial officer Mike Schmidt.
JPMorgan downgrades Ferrexpo but lifts price target
JPMorgan Cazenove downgraded its stance on shares of iron ore company Ferrexpo to ‘underweight’ from ‘neutral’ on Wednesday following the recent rise in the share price, as it took a look at the metals and mining sector.
Wednesday broker round-up
Royal Dutch Shell: JP Morgan downgrades to neutral with a target price of 1,700. 0p.
Canaccord Genuity nudges up target price for Netcall shares
Analysts at Canaccord Genuity slightly raised their target price on software firm Netcall from 54. 0p to 57. 0p on Tuesday after the group's 2020 underlying earnings came in "comfortably ahead" of estimates.
Broker tips: Netcall, Connect Group, Restaurant Group
Analysts at Canaccord Genuity slightly raised their target price on software firm Netcall from 54. 0p to 57. 0p on Tuesday after the group's 2020 underlying earnings came in "comfortably ahead" of estimates.
RBC upgrades The Restaurant Group to 'outperform'
The Restaurant Group is a "new beast" focused on Wagamama, Royal Bank of Canada said as it upgraded its recommendation for the company's shares to 'outperform'.
Monday broker round-up
Rotork: RBC Capital Markets downgrades to underperform with a target price of 275. 0p.
Berenberg upgrades Connect Group to 'buy'
Analysts at Berenberg upgraded newspaper and magazine distributor Connect Group from 'hold' to 'buy' on Tuesday following a strong update from the group.
Broker tips: Ryanair, Wizz Air, Royal Mail
JPMorgan Cazenove upgraded its stance on shares of Ryanair on Monday, arguing that the budget airline is a long-term winner in European aviation with its "fortress balance sheet" and ultra-low costs.
Morgan Stanley sees cycle turning higher for 'value' stocks
Equity strategists at Morgan Stanley sounded a positive note on so-called 'value' stocks, arguing that the economic cycle was shifting into a 'recovery regime' - but there was catch.
Monday broker round-up
Kingfisher: RBC Capital Markets reiterates outperform with a target price of 275. 0p.
Liberum reiterates 'sell' rating on Royal Mail
Analysts at Liberum slightly raised their target price on 'sell' rated postal service Royal Mail Group on Monday, stating that risks to its UK operations outweighed resilience in its European arm, General Logistics Systems (GLS).
JP Morgan says 'pent-up' demand will be exhausted, stays 'overweight' on Tech and Healthcare
Equity strategists at JP Morgan believe that second quarter corporate results on both sides of the Atlantic may come in ahead of analysts' forecasts, helped by the fact that estimates were at very depressed levels.
JPMorgan upgrades Ryanair, reiterates 'overweight' on Wizz
JPMorgan Cazenove upgraded its stance on shares of Ryanair on Monday, arguing that the budget airline is a long-term winner in European aviation with its "fortress balance sheet" and ultra-low costs.
Morgan Stanley stays at 'underweight' on BP, sees 50% dividend cut
Analysts at Morgan Stanley reiterated their 'underweight' recommendation on shares of BP and their forecast for a 50% dividend cut in 2020.
Broker tips: Avast, Smith & Nephew, Vistry
Peel Hunt upped its price target on cybersecurity company Avast to 355p from 322p on Friday, citing higher revenue expectations as people spend more time on their computers due to the Covid-19 pandemic.
Credit Suisse ups Persimmon price target and reinstates dividend target
Credit Suisse upped its price target on Persimmon and reinstated its dividend target after the housebuilder's positive trading statement.
Liberum hits Codemasters with 'buy' rating
Analysts at Liberum reiterated their 'buy' rating on video games developer Codemasters on Friday, stating the group was "ready to wow".
Peel Hunt lifts Avast price target on higher revenue expectations
Peel Hunt upped its price target on cybersecurity company Avast to 355p from 322p on Friday, citing higher revenue expectations as people spend more time on their computers due to the Covid-19 pandemic.
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