Broker Recommendations
Broker tips: Jupiter Fund Management, Boohoo
Analysts at Canaccord Genuity downgraded Jupiter Fund Management to 'sell' from 'hold' on Wednesday, citing a weak earnings outlook and non-compelling capital returns.
Broker tips: Hochschild Mining, Antofagasta
Analysts at Canaccord Genuity raised their target price on precious metals exploration group Hochschild Mining from 285. 0p to 370. 0p on Thursday as gold and silver prices continued to surge.
Broker tips: Hollywood Bowl, IntegraFin
Peel Hunt upgraded its stance on Hollywood Bowl on Wednesday to ‘buy’ from ‘add’ following recent share price weakness.
Broker tips: 3i Group, Rotork, Next Fifteen
Citi lifted its price target on 3i Group on Tuesday to 4,850 from 4,670p, mainly due to FX, and reiterated its ‘buy’ rating following the filing of Dutch retailer Action’s 2024 annual report.
Broker tips: Intertek, Impax, Hays
Shore Capital has upgraded its rating on Intertek from 'sell' to 'hold' following a big fall in the share price of the testing services firm over the past month.
Broker tips: Marks and Spencer, Wise
RBC Capital Markets has reiterated its 'outperform' rating for Marks & Spencer, saying the business was well positioned to defy sector concerns.
Broker tips: Antofagasta, Wood Group
Berenberg has kicked off coverage of Antofagasta with a 'buy' rating, highlighting the "pure-play" benefits of the copper miner which offers "compelling" growth potential.
Broker tips: Rathbones, Travis Perkins
RBC Capital Markets upgraded Rathbones on Wednesday to ‘outperform’ from ‘sector perform’ and lifted the price target to 2,000p from 1,850p, citing underappreciated growth and attractive capital return prospects.
Broker tips: AJ Bell, Pets At Home
Deutsche Bank upgraded AJ Bell on Tuesday to ‘buy’ from ‘hold’ but cut the price target to 480p from 500p.
Broker tips: Wise, Gaming Realms
JPMorgan Cazenove initiated coverage of Wise on Monday with an 'overweigh'’ rating and a 1,242. 0p price target.
Broker tips: B&M European Value Retail, Burberry, Next
Citi reiterated its ‘buy’ rating on B&M European Value Retail on Friday as it said the stock’s de-rating was overdone.
Broker tips: Microlise, Close Brothers
Analysts at Canaccord Genuity initiated coverage on transportation and logistics industry software provider Microlise at 'buy' on Thursday, stating the group was "ready to hit the accelerator".
Broker tips: Ocado, Qinetiq
Ocado surged on Wednesday after JPMorgan Cazenove upgraded the shares to ‘overweight’ from ‘neutral’ and lifted the price target to 400p from 340p.
Broker tips: Miners, Capita
JPMorgan upgraded the global mining and metals sector to ‘overweight’ from ‘underweight’ on Monday, as it said that Rio Tinto, Antofagasta, Fresnillo & SSAB are its European key ‘overweights’.
Broker tips: Crest Nicholson, Asos
RBC Capital Markets upgraded Crest Nicholson on Friday to ‘outperform’ from ‘sector perform’ and hiked the price target to 230p from 180p after the housebuilder's capital markets day on Thursday.
Broker tips: Schroders, Prudential
RBC Capital Markets reiterated its ‘outperform’ rating on Schroders on Thursday and hiked its price target to 475p from 395p as it lifted its adjusted operating earnings estimates by 1%/6%/9% over FY25/26/27, updating the FY24 results and strategy evolution.
Broker tips: Bridgepoint, Qinetiq, Compass Group
Bridgepoint gained on Wednesday after an upgrade to ‘buy’ from ‘neutral’ at Citi, which said the risk-reward looks attractive following recent underperformance.
Broker tips: Qinetiq, Rio Tinto, Anglo American
Shore Capital on Tuesday cut its recommendation for QinetiQ from 'buy' to 'hold' following a profit warning from the UK defence contractor on Monday.
Broker tips: Currys, CVS Group
Berenberg recommended on Monday that investors ‘buy the dip’ in Currys, as it hailed the electricals retailer as a "top pick" for 2025.
Broker tips: Hochschild, Fresnillo, Synthomer
RBC Capital Markets upgraded Hochschild but downgraded Fresnillo on Thursday as it took a look at European miners, revising its commodity price assumptions.