Broker Recommendations
18 Jan
antofagasta mining miner
Goldman downgrades Antofagasta on valuation grounds

Shares in Chilean copper miner Antofagasta were proving resilient on Friday in the face of a downgrade to 'sell' from 'neutral' by Goldman Sachs, which slashed its price target to 700p from 850p as it argued that the stock's valuation is stretched following the recent rally.

18 Jan
ep easyjet 20180903131203
Friday broker round-up

easyJet: JP Morgan downgrades to neutral with a target price of 1,450p.

18 Jan
coats group threads yarn clothing
Barclays starts Coats at 'equalweight', RWS at 'overweight'

Barclays initiated coverage of Coats Group and RWS Holdings on Friday.

18 Jan
ep easyjet 20180903131203
EasyJet hit by JPMorgan downgrade, Ryanair profit warning

EasyJet shares were under pressure on Friday, knocked lower by a downgrade from JPMorgan Cazenove and a profit warning from rival Ryanair.

17 Jan
ep avioneasyjet 20181204183702
EasyJet likely to be flying lower than rivals, Barclays reckons

Barclays analysts predict that uncertainty around airline demand will be sky-high in 2019, with airlines also needing to battle fuel headwinds, with easyJet shares seen as most at-risk.

17 Jan
william hill cheltenham horse tweed
Berenberg upgrades William Hill to 'buy', says firm ripe for a takeover

Analysts at Berenberg upgraded their recommendation for William Hill's shares from 'hold' to 'buy', arguing that the shares were just "too cheap" after having nearly halved in value over the course of 2018.

17 Jan
ep avioneasyjet 20181211123701
EasyJet flies lower on Barclays downgrade

EasyJet flew lower on Thursday as Barclays cut its recommendation on the budget airline to 'underweight' from 'equalweight' and chopped the price target to 1,200p from 1,500p, saying this was "a purely relative call".

17 Jan
Thursday broker round-up

Intercontinental Hotels Group: Berenberg upgrades to buy with a target price of 4,850p.

17 Jan
ITV, broadcasting
ITV tumbles on BofA Merrill Lynch downgrade

ITV was under pressure on Thursday as Bank of America Merrill Lynch cut its stance on the stock to 'underperform' from 'buy' and slashed the price target to 110p from 210p as it turned more cautious on the European media sector.

16 Jan
pound sterling gbp money inflation spending
Pound offers 'sizeable' potential from softer Brexit

The pound's reaction to Theresa May huge defeat in the meaningful vote on her Brexit deal was muted on Wednesday, with investors and analysts trying to decipher the political runes for the best way to make a buck.

16 Jan
burberry 2018 fashion
Wednesday broker round-up

Ashmore group: Berenberg downgrades to hold with a target price of 413p.

16 Jan
petrofac oil services
Morgan Stanley upgrades Petrofac and Hunting

Morgan Stanley upgraded Petrofac and Hunting on Wednesday as part of a broader note on the oil services sector.

16 Jan
parque eolico de whitelee escocia alta 2
SSE not out of the woods yet, warns UBS

SSE is highly rated by analysts, but UBS downgraded the energy giant to 'neutral' on Wednesday as it is "not out of the woods yet".

16 Jan
Berenberg downgrades Ashmore, sees better value elsewhere

Berenberg downgraded Ashmore to 'hold' from 'buy' on Wednesday, trimming the price target to 413p from 425p as it sees "significantly" more upside elsewhere in the sector.

15 Jan
bae systems advanced precision kill weapon rockets
BAE Systems valuation attractive, says Barclays as it upgrades

Barclays upgraded aerospace and defence company BAE Systems to 'equalweight' from 'underweight' and lifted the price target to 550p from 500p as it pointed to an attractive valuation and lower volatility ahead.

15 Jan
ep correr gimnasio cinta ejercicio
Morgan Stanley sees challenging 2019 for Glanbia

Glanbia offers investors access to the US cheese and fitness nutrition markets, but Morgan Stanley sees the 2019 outlook as "challenging" and has initiated coverage with an 'underweight' rating.

15 Jan
bae systems, navy, type 26, defence, warship, naval, mod
Tuesday broker round-up

Ten Entertainment Group: Berenberg downgrades to hold with a target price of 250p.

14 Jan
london stock exchange paternoster
Berenberg reiterates 'buy' rating on the LSE

Analysts at Berenberg reiterated their 'buy' rating on shares of the London Stock Exchange Group on Monday, saying it was "well placed" to exploit two of the most "robust structural trends in the finance industry".

14 Jan
next retail arndale store
Credit Suisse downgrades Next on margin attrition

Next was under the cosh on Monday after Credit Suisse cut the stock to 'underperform' from 'neutral' and slashed the price target to 4,800p from 5,800p following the company's trading statement earlier this month.

14 Jan
next winter fashion clothing
Monday broker round-up

Next: Credit Suisse downgrades to underperform with a target price of 4,800p.