Broker Tips
The UK is a buy, says Goldman Sachs
UK domestic equities are buy, Goldman Sachs said in a strategy note on Tuesday, as it pointed to a sharp economic recovery next year.
JP Morgan reiterates 'top pick' for United Utilities in UK water space
Analysts at JP Morgan stuck to United Utilities as their 'top pick' in the UK water space.
Broker tips: Dunelm, Bodycote, Victoria
Homeware retailer Dunelm rallied on Monday after RBC Capital Markets upgraded its stance on the shares to 'outperform' from 'sector perform', saying the recent pullback provides a buying opportunity.
Monday broker round-up
Bodycote: JP Morgan downgrades to underweight with a target price of 635p.
Berenberg hikes target price on Victoria following 'resilient' H1 performance
Analysts at Berenberg hiked their target price on construction outfit Victoria from 330. 0p to 770. 0p on Monday, citing the group's "resilient" first-half performance and its plans for future mergers and acquisitions.
UK shares to lag eurozone in 2021, JPMorgan says
UK shares will recover in 2021 but will not outperform the eurozone or global equities as value investing reaps rewards, JP Morgan said.
Citi cautiously optimistic on HK lenders, prefers StanChart and HSBC
Analysts at Citi sounded a cautiously optimistic note on the outlook for the main Hong Kong banking groups - and for StanChart and HSBC in particular - on the back of the improving macroeconomic backdrop.
JPMorgan downgrades Bodycote, cites near-term pressures
JPMorgan Cazenove downgraded heat treatments supplier Bodycote on Monday to ‘underweight’ from ‘neutral’ and cut the price target 635p from 670p as it argued that near-term pressures will weigh on the stock.
Pullback in Dunelm shares provides buying opportunity, says RBC Capital
Homeware retailer Dunelm rallied on Monday after RBC Capital Markets upgraded its stance on the shares to ‘outperform’ from ‘sector perform’, saying the recent pullback provides a buying opportunity.
Broker tips: Virgin Money, John Wood, M&S, Mind Gym
Citi downgraded its recommendation on shares of challenger bank Virgin Money on Friday to ‘neutral’ from ‘buy’, pointing to the stock’s recent outperformance.
Citi downgrades Virgin Money after outperformance
Citi downgraded its recommendation on shares of challenger bank Virgin Money on Friday to ‘neutral’ from ‘buy’, pointing to the stock’s recent outperformance.
Liberum upgrades Mind Gym to 'buy'
Analysts at Liberum upgraded behavioural sciences group Mind Gym to 'buy' on Friday, stating the company's interim results were a "turning point".
RBC Capital raises target price on John Wood
Analysts at RBC Capital Markets raised their target price on multinational energy services company John Wood Group from 300. 0p to 360. 0p on Friday following a guidance update from the firm's board.
Goldman downgrades Marks & Spencer to 'neutral'
Marks & Spencer was under pressure on Friday after Goldman Sachs downgraded its rating on the retailer to ‘neutral’ from ‘buy’, citing limited upside.
Broker tips: AO World, Dechra, Melrose, Elementis
Jefferies raised its price target on AO World shares but downgraded its rating on the online electricals retailer's stock to 'hold' after the shares surged to a record high.
Jefferies ups AO World price target but cuts rating
Jefferies raised its price target on AO World shares but downgraded its rating on the online electricals retailer's stock to 'hold' after the shares surged to a record high.
JP Morgan raises target price on Dechra Pharmaceuticals
Analysts at JP Morgan Cazenove raised their target price on veterinary pharmaceuticals group Dechra from 3,200. 0p to 3,600. 0p on Thursday, stating they expect a year of "strong topline growth" to take place in 2021.
RBC ups Melrose price target, sees Nortek sale
Royal Bank of Canada increased its price target and earnings estimates for Melrose Industries and said the potential sale of Nortek Air could further boost the shares.
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