BROKER TIPS
17 Nov
Kingfisher gets RBC upgrade as 'reasons to be cheerful' in France
castorama brico kingfisher

DIY retailer Kingfisher has more "reasons to be cheerful" thanks to an improving French outlook, analysts at RBC Capital Markets said on Friday, while clothes seller Supergroup remains "compelling" but its shares have gained a lot in recent weeks.

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17 Nov
Friday broker round-up
just eat

JustEat: Deutsche Bank downgrades to Hold with a target price of 830p.

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17 Nov
CRH's material transformation, 'undervalued' outlook get Morgan Stanley upgrade

CRH is now the top pick in the European building materials sector for Morgan Stanley, which upgraded its recommendation due to the "robust" outlook and expected synergies from the acquisition of Ash Grove Cement.

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17 Nov
Deutsche Bank downgrades Just Eat on valuation
just eat food curry takeaway

Shares in Just Eat fell on Friday as Deutsche Bank cut the stock to ‘hold’ from ‘buy’, keeping the target price at 830p.

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16 Nov
Dignity: Death is certain, pricing power is not, Berenberg says
edgar test 10

Berenberg took an axe to its target price for Dignity, telling clients it is waiting to see how the firm responds to the competitive threat to its pricing power from new entrants into the market.

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16 Nov
Berenberg upgrades Marshalls to buy, raises target price to 510p
baisse-inattendue-des-depenses-de-construction-aux-etats-unis

Analysts at Berenberg upgraded their view on Marshalls from an initial 'hold' to a 'buy' on Wednesday, citing its strong domestic performance after acquiring precast concrete manufacturer CPM in October as its reasoning.

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16 Nov
Broker tips: Centrica, Dignity
centrica 3

Kepler Cheuvreux has upgraded Centrica to 'buy' after shares of the energy provider fell past the broker's valuation of the business.

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16 Nov
Buy Centrica on share price weakness, Kepler Cheuvreux says
centrica 3

Kepler Cheuvreux has upgraded Centrica to 'buy' after shares of the energy provider fell past the broker's valuation of the business.

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16 Nov
TalkTalk's 'limited upside' not worth the profit pain for RBC
cbtalktalk

TalkTalk's fixed low price plan is driving new subscriptions but as margins are being squeezed and profitability unlikely to return until early next year, RBC Capital Markets felt the risks on the stock outweigh "the limited upside".

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16 Nov
Thursday broker round-up
talktalk hq

TalkTalk: RBC downgrades to Sector Perform with a target price of 190p.

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15 Nov
Credit Suisse ups target price as Aveva at 'turning point'
aveva engineers

Software firm Aveva had its 'outperform' rating reiterated by Credit Suisse on Wednesday after a stronger first-half revenues and market indications that the company may be at a "turning point".

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15 Nov
Wednesday broker round-up
Card Factory, retailing, gifts

Card Factory: Investec upgrades to Buy with a target price of 320p.

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14 Nov
BofA-ML strategists cautious as fund managers chase markets higher
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"Icarus is flying ever closer to the sun," Bank of America-Merrill Lynch's chief investment strategist said, pointing to signs of 'irrational exuberance' among investors in the investment bank's latest global survey of fund managers.

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14 Nov
Britvic loses its fizz on Shore downgrade to 'hold'
britvic

Britvic was under the cosh on Tuesday as Shore Capital cut its stance on the drinks maker to ‘hold’ from ‘buy’ ahead of its preliminary results on 29 November.

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14 Nov
Morgan Stanley cuts Inmarsat target, highlights competitive threat in Aviation
inmarsat inflight gx aviation ifc

Analysts at Morgan Stanley marked down their target price for shares of Inmarsat from 760p to 620p , pointing to expected margin pressures in Government, Aviation and Central Services to justify their decision.

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14 Nov
Tuesday broker round-up
cbtraders3

Nex Group: JPMorgan initiates at Neutral with a target price of 650p.

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13 Nov
Jefferies upgrades Aggreko to 'buy', nearly doubles target
aggreko

Things are falling into place for Aggreko, according to Jefferies, whose analysts nearly doubled their target price on the stock.

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13 Nov
JP Morgan downgrades Ultra Electronics, slashes target price
ultra electronics sonobuoys

Analysts at JP Morgan took an axe to their earnings estimates and target price for Ultra Electronics.

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13 Nov
Monday broker round-up
heathrow airport baggage ultra electronics

Ultra Electronics: JPMorgan downgrades to Neutral with a target price of 1785p.

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