Broker Recommendations
Broker tips: Derwent London, Ithaca Energy, Sage
Analysts at Berenberg lowered their target price on property investment and development business Derwent London from 2,800. 0p to 2,450. 0p on Tuesday, stating the group was "not immune" from market movements.
Broker tips: 888 Holdings, Jubilee Metals
Analysts at Deutsche Bank slightly lowered their target price on gambling giant 888 Holdings from 160. 0p to 150. 0p on Monday after the group's recent Capital Market's Day "did as expected".
Broker tips: AB Dynamics, Bodycote, Hunting
Analysts at Berenberg hiked their target price on simulation and testing outfit AB Dynamics from 1,530. 0p to 1,800. 0p on Friday after the group's full-year results pointed to strong organic revenue and profit growth.
Broker tips: Victorian Plumbing, RWS Holdings
Analysts at Berenberg reiterated their 'buy' rating and 500. 0p target price on RWS Holdings on Thursday following the intellectual property group's in line full-year results.
Broker tips: Taylor Wimpey, Redrow, Diageo, Travis Perkins
JPMorgan Cazenove downgraded Taylor Wimpey and Redrow on Wednesday as it took a look at housebuilders.
Broker tips: Moonpig, Tritax EuroBox
Analysts at Canaccord Genuity lowered their target price on greetings cards business Moonpig from 232. 0p to 205. 0p on Tuesday but said the group had "proven its resilience" despite recent macro concerns.
Broker tips: Wood Group, Kitwave, Anglo American
Jefferies upgraded Wood Group to 'buy' from 'hold' on Monday, marking the first upgrade to 'buy' in more than five years.
Broker tips: InterContinental Hotels, Unilever
Peel Hunt upgraded InterContinental Hotels to 'buy' from 'hold' on Friday and lifted its price target on the stock to 5,750. 0p from 4,600. 0p.
Broker tips: Moonpig, Ashtead
Analysts at Berenberg slashed their target price on gift card retailer Moonpig from 390. 0p per share to 300. 0p after the group cut its full-year 2023 guidance.
Broker tips: Ashtead, Haleon, PageGroup
Analysts at RBC Capital Markets raised their target price on equipment rental company Ashtead from 5,150. 0p to 5,450. 0p on Wednesday following the group's second-quarter results.
Broker tips: Hikma Pharmaceuticals, 888 Holdings, Barclays, Lloyds
RBC Capital Markets initiated coverage of Hikma Pharmaceuticals on Tuesday at 'outperform' with a 1,750. 0p price target.
Broker tips: Compass, Tharisa, Savills, Persimmon, Watkin Jones, Bellway
Analysts at RBC Capital Markets raised their target price on contract foodservice company Compass Group from 1,575. 0p to 1,625. 0p on Monday following the release of the group's full-year earnings.
Broker tips: AJ Bell, 4imprint, Kingfisher
AJ Bell surged on Friday after Jefferies upgraded its shares to 'buy' from 'hold' and lifted its price target to 450. 0p from 290. 0p, citing higher forecasts and confidence in the company's business model after results.
Broker tips: Future, Synthomer
Analysts at Berenberg lowered their target price on multimedia company Future from 3,250. 0p to 2,600. 0p on Thursday but said the stock still remained "undervalued".