BROKER TIPS
23 Jun
Capital Economics sees limited upside for FTSE 100 in 2017 (and next)
Britain, UK flag

The UK economy's performance will continue to exceed forecasts but multiple headwinds will just about brake any further gains in the FTSE 100 in 2017, analysts at one of the City's top research shops said.

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23 Jun
Broker tips: Centrica, Royal Dutch Shell, Domino's Pizza
Centrica_wind_farm

JP Morgan Cazenove lifted Centrica to 'neutral' from 'underweight' and upped the price target to 205p from 180p, noting that the worst case scenario was now off the table after the Queen's Speech left out any mention of an energy price cap.

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23 Jun
Fridge fire started Grenfell blaze as police confirm cladding failed safety tests
grenfell2

The Grenfell Tower blaze which has left at least 79 people dead was the result of a fridge fire, Metropolitan Police confirmed on Friday.

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23 Jun
Friday broker round-up
BAE Systems offshore patrol vessel, defence

Bae Systems: JPMorgan downgrades to Neutral with a target price of 685p.

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23 Jun
Credit Suisse boosts 'Blue Sky' target price on meaner, leaner, fitter Shell

A "meaner, leaner and fitter" Royal Dutch Shell may emerge as soon as the outfit's second quarter results, with positive implications for its dividend, said analysts at Credit Suisse as they added the shares to their European Focus List.

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23 Jun
JPMorgan upgrades Centrica as energy price cap now looks unlikely
Centrica_wind_farm

JP Morgan Cazenove lifted Centrica to 'neutral' from 'underweight' and upped the price target to 205p from 180p, noting that the worst case scenario was now off the table after the Queen's Speech left out any mention of an energy price cap.

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23 Jun
Domino's shares not so tasty as Berenberg highlights mounting risks
Dominos Domino

Shares in Domino's Pizza were looking less than tasty on Friday after Berenberg cut its stance on the stock to 'hold' from 'buy' and chopped the price target to 325p from 400p, saying near-term risks were mounting.

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23 Jun
Brexit one year on: FTSE boosted as sterling suffers
cbmay92

It’s exactly one year to the day since one of the biggest political shocks of recent times unfolded before our eyes, as Britain bade goodbye to the European Union and rocked financial markets to their core as the plates of the Old Continent shifted irreversibly.

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22 Jun
Broker tips: StanChart, Lloyds, Miners, Ultra Electronics
standard chartered, stanchart

Goldman Sachs stuck to a 'buy' recommendation on StanChart and 'sell' on Lloyds and Barclays after adjusting its earnings estimates for the sector to reflect recent market developments and ahead of the release of the Financial Policy Committee's Financial Stability Report on 27 June.

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22 Jun
Goldman positive on StanChart but stays at sell on Barclays and Lloyds
barclays-devant-la-justice-britannique-dans-l-affaire-libor

Goldman Sachs stuck to a 'buy' recommendation on StanChart and 'sell' on Lloyds and Barclays after adjusting its earnings estimates for the sector to reflect recent market developments and ahead of the release of the Financial Policy Committee's Financial Stability Report on 27 June.

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22 Jun
Deutsche Bank cautious on EMEA miners, Rio Tinto still top-pick
Rio Tinto train in the Pilbara region of Western Australia; mining

Deutsche Bank reiterated a 'neutral' view on the European, Middle East & Asia mining sector, telling clients they were cautious given the modest deterioration seen in macro indicators for the sector.

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22 Jun
Ultra Electronics meaningfully undervalued, Investec says
ultra electronics

Analysts at Investec reiterated their recommendation on Ultra Electronics, telling clients the shares were "meaningfully" undervalued with momentum in the company's orders set to continue.

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22 Jun
Thursday broker round-up
rotork

Rotork: Morgan Stanley double upgrades to Overweight with a target price of 292p.

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21 Jun
Broker tips: Capita, Oxford Instruments, Shell, BP
capita outsourcing local government

HSBC upgraded Capita to 'buy' from 'hold', despite the question marks surrounding its complex business model.

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21 Jun
Barclays hails Oxford Instruments's increased focus, ups target
oxford instruments

Analysts at Barclays revised their target price for Oxford Instruments's shares higher, hailing recent moves on its portfolio of businesses and balance sheet.

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21 Jun
Keep it simple, HSBC tells Capita as it upgrades to a 'buy'
capita

HSBC upgraded Capita to 'buy' from 'hold', despite the question marks surrounding its complex business model.

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21 Jun
Wednesday broker round-up

Capita: HSBC upgrades to Buy with a target price of 820p.

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21 Jun
Macquarie downgrades BP, prefers Total, Galp
BP petrol station pumps, oil & gas

The world's oil majors have made substantial progress in boosting their ability to make profits even in a low oil price environment, but low prices were set to strain their finances again over the short-term, according to Macquarie.

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20 Jun
Broker tips: Domino's Pizza, Barclays, UK non-food retailers
Dominos Domino

Shares in Domino's Pizza weren't looking too tasty on Tuesday as Investec initiated coverage of the stock with a 'sell' rating and 271p price target, pointing to a number of challenges.

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20 Jun
Goldman stays at 'sell' on M&S, Debenhams, Sports Direct
calculatrice-et-trombones-comptes-entrepreneurs-entreprises-argent-finances-tpe-pme-entreprenariat-finances-banques-startup-business-plan-argent

Goldman Sachs recommended clients continue to avoid large non-food UK retailers on expectations that non-food sales would slow as the households saving ratio stabilised and fixed costs rose.

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