Broker Recommendations
Broker tips: Treatt, Rolls-Royce, Asos
Analysts at Berenberg hiked their target price on chemical manufacturer Treatt from 680. 0p to 780. 0p on Wednesday following the group's full-year results.
Broker tips: Boohoo, AO World
Analysts at Berenberg downgraded fast fashion retailer Boohoo from 'buy' to 'hold' on Tuesday and slashed its target price on the stock from 140. 0p to 45. 0p, stating the group was now "fighting on all fronts".
Broker tips: Persimmon, WH Smith, Oxford Biomedica, Just Group
Persimmon slumped on Monday as UBS downgraded its stance on the housebuilder to 'sell' from 'neutral' and cut its price target on the stock to 1,230. 0p from 1,290. 0p as it cited the further risk of a de-rating.
Broker tips: Berkeley, MJ Gleeson, Lloyds, NatWest
Analysts at Berenberg took a fresh look at a number of UK housebuilders on Friday, reiterating its 'cautious view' on the sector.
Broker tips: Rainbow Rare Earths, Johnson Matthey, ATC Group
Analysts at Berenberg initiated coverage of Rainbow Rare Earths with a 'buy' recommendation and a 33. 0p price target on Thursday, implying a whopping 228% upside.
Broker tips: Sage, Alpha FMC
Detusche Bank upgraded Sage on Wednesday to 'hold' from 'sell' and hiked the price target to 800. 0p from 590. 0p as it said the software firm was turning a corner but areas of uncertainty remained.
Broker tips: SSE, Restore, Big Yellow, Essentra
RBC Capital Markets upgraded SSE to 'outperform' from 'sector perform' on Tuesday and lifted its price target on the stock to 2,050. 0p from 1,825. 0p as it pointed to clarity over windfall taxes.
Broker tips: Iofina, Beazley
Analysts at Canaccord Genuity initiated coverage on specialty chemicals group Iofina at 'buy' on Monday as it pointed to a "strong return profile ahead".
Broker tips: Burberry, International Distribution Services, MJ Gleeson
Analysts at RBC Capital Markets raised their target price on fashion brand Burberry from 1,800. 0p to 2,070. 0p on Friday, citing the group's "sensible strategy".
Broker tips: Hargreaves Lansdown, Sage, Kape Technologies
RBC Capital Markets downgraded Hargreaves Lansdown to 'sector perform' from 'outperform' on Thursday and slashed its price target on the stock to 1,050. 0p from 1,650. 0p as it said near-term uncertainty "thwarts underlying value".
Broker tips: Future, DotDigital, Kainos, Card Factory
JPMorgan Cazenove initiated coverage of media group Future on Wednesday with an 'overweight' rating and 2,500. 0p price target, referring to the company as a "media powerhouse".
Broker tips: Drax, Hikma Pharmaceuticals, Aston Martin Lagonda
Analysts at RBC Capital Markets lowered their target price on power generation business Drax from 1,175. 0p to 950. 0p on Tuesday but said recent weakness in the group's share price was "misplaced".
Broker tips: Redrow, Close Brothers, Kainos, Informa
Citi downgraded Redrow on Monday to ‘neutral’ from ‘buy’ as it said the risk/reward now looks more balanced at the current valuation.
Broker tips: Boohoo, Hilton Food, B&M, M&G
Liberum said on Friday that fast-fashion retailer Boohoo "will struggle to reinvigorate growth" even after the opening of its new distribution centre in the US.
Broker tips: Aston Martin, Computacenter
Analysts at Berenberg lowered their target price on computer services company Computacenter from 3,250. 0p to 2,850. 0p on Thursday but said the group was "still a long-term winner".
Broker tips: Jupiter Fund Management, AJ Bell, Direct Line
Barclays upgraded Jupiter Fund Management on Wednesday to 'equalweight' from 'underweight' and cut its price target on the stock to 110. 0p from 120. 0p as it pointed to a discounted valuation and emerging optimism.
Broker tips: Babcock, ITM Power, Hammerson
Babcock surged on Tuesday after Berenberg initiated coverage of the stock at 'buy' with a 425. 0p price target, saying it was an "unanchored value proposition".
Broker tips: St James's Place, RS Group, Lancashire Holdings
Analysts at Berenberg lowered their target price on wealth manager St James's Place from 1,500. 0p to 1,365. 0p on Monday but remained positive on the group as a whole.
Broker tips: WPP, Darktrace, TI Fluid Systems
Analysts at Berenberg lowered their target price on media giant WPP from 915. 0p to 864. 0p on Friday after the group's Q3 growth was "softer than the whisper".
Broker tips: Hiscox, Aston Martin Lagonda
Analysts at Berenberg slightly raised their target price on insurer Hiscox from 990. 0p to 1,015. 0p on Thursday, after clarity on Hurricane Ian losses and rising yields lifted shares.