Broker Tips
Deutsche Bank hikes Tesco price target after results
Deutsche Bank lifted its price target on Tesco to 550p from 525p on Friday after the supermarket chain upped the lower end of annual guidance and its share buyback programme a day earlier, as it posted a rise in interim profits.
Berenberg lowers target price on Unite Group
Analysts at Berenberg lowered their target price on Unite Group from 668p to 634p on Friday, flagging ongoing pressure from falling asset values despite solid operational performance.
Broker tips: Tesco, Harworth
Shore Capital said on Thursday that Tesco had delivered a resilient first‑half performance in a UK grocery market that tightened over the summer, with the grocery chain posting 1. 6% constant‑currency sales growth and a 6. 3% rise in adjusted underlying earnings.
Shore Capital stays at 'hold' on Tesco following H1 earnings
Shore Capital said on Thursday that Tesco had delivered a resilient first‑half performance in a UK grocery market that tightened over the summer, with the grocery chain posting 1. 6% constant‑currency sales growth and a 6. 3% rise in adjusted underlying earnings.
Berenberg lowers Harworth to 'hold' as takeover progresses
Analysts at Berenberg cut their recommendation on Harworth Group to 'hold' from 'buy' and lowered their target price to 187p on Thursday, bringing it into line with Peel Holdings' recommended final cash offer and signalling that the takeover process was now effectively complete.
Broker tips: Hostelworld, Netcall
Berenberg cut its price target on Hostelworld to 150p from 171p on Wednesday, citing a weaker Q3 shaped by geopolitical headwinds, though it kept its 'buy' rating on the stock and said the group's shift to its social‑driven platform continues to underpin the long‑term investment case.
Canaccord Genuity bumps up target price on Netcall
Analysts at Canaccord Genuity lifted their target price on Netcall to 170p from 160p on Wednesday, saying accelerating cloud momentum and a stronger medium‑term earnings profile support further upside.
Berenberg lowers target price on Hostelworld
Berenberg cut its price target on Hostelworld to 150p from 171p on Wednesday, citing a weaker Q3 shaped by geopolitical headwinds, though it kept its 'buy' rating on the stock and said the group's shift to its social‑driven platform continues to underpin the long‑term investment case.
Broker tips: Domino's Pizza, Fevertree
Berenberg initiated coverage of Domino's Pizza Group with a 'buy' rating and a 291p target price on Tuesday, arguing that the chain's value‑led proposition and the early success of its Chick 'N' Dip range leave the shares primed for a re‑rating after a period of weakness.
Deutsche Bank bumps up target price on Fevertree Drinks
Deutsche Bank lifted its target price on Fevertree Drinks from 870p to 900p, but kept its 'hold' rating on the stock, saying the mixer brand faces a tougher backdrop in the US as premium spirits trends soften and ready‑to‑drink cocktails continue to reshape drinking habits.
Berenberg starts Domino's Pizza at 'buy'
Berenberg initiated coverage of Domino's Pizza Group with a 'buy' rating and a 291p target price on Tuesday, arguing that the chain's value‑led proposition and the early success of its Chick 'N' Dip range leave the shares primed for a re‑rating after a period of weakness.
Broker tips: Tatton Asset Management, Landsec
Berenberg initiated coverage of Tatton Asset Management with a 'buy' rating and an 820p target price on Monday, arguing the group was well placed to sustain strong growth as it races toward its £30bn assets under management goal.
Deutsche Bank lifts Landsec price target on Metrocentre acquisition
Deutsche Bank lifted its price target on Landsec on Monday to 750p from 730p following its agreement to buy the Metrocentre shopping centre near Newcastle for £516m.
Berenberg starts Tatton Asset Management at 'buy'
Berenberg initiated coverage of Tatton Asset Management with a 'buy' rating and an 820p target price on Monday, arguing the group was well placed to sustain strong growth as it races toward its £30bn assets under management goal.
Broker tips: Vodafone, TT Electronics
Berenberg has raised its target price for Vodafone from 123p to 140p and reiterated a 'buy' rating, saying the stock remains "relatively cheap" compared with the wider European telco sector.
Jefferies hikes TT Electronics target, but says more work needed on turnaround
Analysts at Jefferies have hiked their target price for UK-listed TT Electronics from 110p to 175p, but kept a 'hold' recommendation on the electronic components and sensors manufacturer.
Berenberg lifts target price for Vodafone, cites German M&A potential
Berenberg has raised its target price for Vodafone from 123p to 140p and reiterated a 'buy' rating, saying the stock remains "relatively cheap" compared with the wider European telco sector.
Broker tips: Greggs, Wilmington
Analysts at Berenberg hiked their target price on bakery chain Greggs from 2,200p to 2,300p on Thursday, citing stronger‑than‑expected trading in the third quarter and a modestly improved full‑year outlook.
Canaccord Genuity bumps up target price on Wilmington
Canaccord Genuity lifted its target price for Wilmington to 470p from 445p on Thursday, pointing to stronger FY26 delivery, a clearer strategic shift into GRC RegTech services and early outperformance at Conversia.
Berenberg raises target price on Greggs
Analysts at Berenberg hiked their target price on bakery chain Greggs from 2,200p to 2,300p on Thursday, citing stronger‑than‑expected trading in the third quarter and a modestly improved full‑year outlook.