Broker Recommendations
19 Oct
drugs pharmaceuticals biotech healthcare btg
Berenberg initiates IP Group at 'buy'

Berenberg initiated coverage on intellectual property-based business developer IP Group on Friday, saying that it now believes the group's portfolio was the "most mature" it had been in its eighteen-year history.

19 Oct
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Intu bid approach 'well timed', says Berenberg

Berenberg downgraded its stance on Intu Properties to 'hold' from 'buy' on Friday as it cut the price target down to 210p from 230p, in line with the indicative offer the shopping centre owner has received from a consortium led by one of its senior directors.

19 Oct
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Friday broker round-up

IP Group: Berenberg reiterates buy with a target price of 160p.

19 Oct
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JPMorgan cuts target price on Inmarsat on maritime woes

JPMorgan Cazenove took a fresh look at Inmarsat ahead of the satellite operator's third-quarter results on 8 November, where it expected "robust" financials but is beginning to get worried about stiffer maritime competition.

18 Oct
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Tariffs will take toll on US economy, warns UBS

A tricky period lies ahead for the US, warned UBS, as Donald Trump’s trade war with China begins to exert a sizeable but passing influence on an economy enjoying multi-decade lows in unemployment and undergoing monetary tightening.

18 Oct
mediclinic hospital
Barclays cuts price target for Mediclinic after 'disappointing' trading update

Barclays has called Mediclinic International’s latest trading statement disappointing, and has cut its price target on the stock.

18 Oct
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Macquarie upgrades OneSavings Bank, cites undervalued growth

OneSavings Bank got a boost on Thursday as Macquarie lifted the stock to ‘outperform’ from ‘neutral’ and upped the price target by 9% to 464p.

18 Oct
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BoA Merrill Lynch starts Boohoo at 'buy', notes three pillars of success

Bank of America Merrill Lynch initiated coverage of fast fashion retailer Boohoo with a ‘buy’ rating and 280p price target on Thursday.

18 Oct
mediclinic hospital
Thursday broker round-up

Mediclinic: Barclays downgrades to equal weight with a target price of 460p.

17 Oct
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Inchcape's macro and FX risks mount, HSBC slashes target price

HSBC slashed its target price on automotive distributor Inchcape to 650p from 840p on Wednesday.

17 Oct
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Analysts try to see positives after Crest Nic warning

After housebuilder Crest Nicholson issued another profit warning on Wednesday, analysts were disappointed but tried to look for the positives.

17 Oct
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Wednesday broker round-up

Crest Nicholson: Liberum downgrades to hold with a target price of 331p.

17 Oct
Liberum starts Sophos at 'buy', says growth concerns overdone

Sophos got a boost on Wednesday as Liberum initiated coverage of the security software and hardware company with a 'buy' rating and 530p price target, saying it expects billings to return to fast growth in the second half.

16 Oct
smith nephew robotics
Tuesday broker round-up

Smith & Nephew: HSBC downgrades to hold with a target price of 1,400p.

16 Oct
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Ocado offers 'creditable alternative to Amazon', BoAML upgrades

With Ocado shares down by a quarter over the past four month, Bank of America Merrill Lynch sees the online grocery specialist as "back in buying territory" and offering supermarkets a "unique" tool to combat Amazon.

16 Oct
convatec woundcare
JPMorgan downgrades Convatec after profit warning

JPMorgan downgraded medical equipment maker Convatec to 'neutral' from 'overweight' and cut the price target to 183p from 280p on Tuesday following the company's profit warning a day earlier and announcement of the chief executive's departure.

15 Oct
Citi cautious on Indivior until evidence of acceleration to product release

Pharmaceuticals business Indivior had its target price lowered from 350p to 240p by investment bank Citi due to concern that there is not “sufficient evidence” that the launch of Sublocade is accelerating.

15 Oct
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Peel Hunt lowers estimates on Superdry as weather and FX clouds loom

Analysts at Peel Hunt lowered their forecasts for Superdry after the retailer announced a series of blows to its bottom line on Monday.

15 Oct
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RBC Capital cuts Convatec target but insists it still has 'attractive qualities'

RBC Capital Markets downgraded its target price on Convatec to 210p from 240p on Monday after the medical equipment maker warned on profits and announced the departure of its chief executive.

15 Oct
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Monday broker round-up

Volution: Numis upgrades to add with a target price of 216p.