BROKER TIPS
26 May
Broker tips: Acacia Mining, Restaurant Group, Experian
acacia

Jefferies slashed its target price on Acacia Mining by 41% to 265p after a Tanzanian presidential committee accused the miner of under-reporting gold contained in 277 containers for export.

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26 May
Friday broker round-up
gsk, drug, biotech, pharma,

GlaxoSmithKline: Berenberg upgrades to Buy with a target price of 1885p.

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26 May
Petrofac falls again after RBC downgrades on contract implications from SFO probe
petrofac oil services

Petrofac shares lost further ground on Friday after RBC Capital Markets downgraded its recommendation and hacked its target price down due to the implications of a criminal investigation by the Serious Fraud Office.

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26 May
Jefferies slashes Acacia target price as sees low chance of solution
acacia mining

Jefferies slashed its target price on Acacia Mining by 41% to 265p after a Tanzanian presidential committee accused the miner of under-reporting gold contained in 277 containers for export.

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26 May
JPMorgan upgrades Restaurant Group, says shares are too cheap
frankie benny restaurant rtn

JPMorgan Cazenove upgraded Restaurant Group to 'overweight' from 'neutral' and lifted the price target to 380p from 340p following the company's first-quarter update on Friday, as it now sees upside to the share price.

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26 May
Experian drops on Deutsche Bank downgrade
experian

Credit checking agency Experian was under the cosh on Friday as Deutsche Bank downgraded the stock to 'sell' from 'hold' and cut the price target to 1,460p from 1,560p.

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25 May
Broker tips: BT Group, National Grid, Acacia Mining
acacia mining

Exane BNP Paribas downgraded shares of BT Group from 'neutral' to 'underperform'.

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25 May
Exane downgrades BT Group, recommends dividend cut
Joe Garner BT Group Openreach Nationwide

Exane BNP Paribas downgraded shares of BT Group from 'neutral' to 'underperform'.

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25 May
Acacia Mining's Tanzania dispute 'no laughing matter', say analysts
acacia mining

Tanzania has launched a new investigation after Acacia Mining was accused by a government committee of under-reporting gold exports, with analysts in disagreement over how much hot water the FTSE 250 company finds itself in.

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25 May
Goldman Sachs lifts National Grid target price, but stays at 'sell'
National grid, energy

Analysts at Goldman Sachs boosted their target price for shares of National Grid after rejigging their valuation methods for the company, but said the premium they were trading at was not justified, leading them to reiterate their 'sell' recommendation.

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25 May
Biffa collections benefits brought to light by Pennon results, Numis says
biffa

Broker Numis said Biffa was one of the top stocks picks in the support services sector as it could be a beneficiary of trends mentioned by rival Viridor this week.

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25 May
Thursday broker round-up
BT Sport, telecoms, TV

BT Group: Exane BNP Paribas downgrades to Underperform with a target price of 260p.

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24 May
BAE Systems rallies as UBS says it will benefit from higher US defence spending
BAE Systems, defence, destroyer

Defence contractor BAE Systems rallied on Wednesday as UBS said the US defence budget blueprint supports US revenue growth acceleration.

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24 May
Global trade jumps in March thanks to surge in emerging markets

The recent improvement in European business confidence surveys was not just the result of the psychological boost to sentiment from the French elections, UniCredit Research said.

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24 May
JPMorgan downgrades Go-Ahead, upgrades National Express
Go-Ahead, buses, trains, transport, travel, rail

JPMorgan Cazenove upgraded National Express to 'overweight' from 'neutral' as it did the opposite to peer Go-Ahead.

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24 May
Goldman downgrades TalkTalk, says growth priced in
cbtalktalk

Goldman Sachs downgraded TalkTalk to 'sell' from 'neutral' and cut the price target to 150p from 190p on valuation grounds as it took a look at the UK telecoms sector.

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24 May
RBC Capital downgrades Homeserve on valuation grounds
Homeserve, emergencies, insurance, households

Homeserve was under pressure on Wednesday as RBC Capital Markets cut the stock to 'sector perform' from 'outperform', saying the valuation is now prohibitive for new money given the strong run in the share price.

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24 May
Wednesday broker round-up
Homeserve, emergencies, insurance, households

Homeserve: RBC downgrades to Sector Perform with a target price of 750p.

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23 May
Goldman Sachs removes Hunting from 'conviction list' on muted US outlook
hunting energy

Hunting shares gushed lower on Tuesday as Goldman Sachs removed the stock from its Conviction List and cut the price target to 686. 4p from 774p, but kept it at 'buy'.

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23 May
Tuesday broker round-up
ep flotaeasyjet

EasyJet: RBC upgrades to Sector Perform with a target price of 1325p.

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