BROKER TIPS
28 Apr
Bank of America- Merrill Lynch sees FTSE 100 at 7,750 in 12 months
mining truck, commodities, minerals, iron ore

Bank of America-Merrill Lynch thinks demand for commodities and the global cycle will push the FTSE 100 to 7,750 points in 12 months' time.

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28 Apr
Morgan Stanley downgrades Berendsen on competition concerns

Berendsen not only needs to invest in property, plant and equipment but is facing increasing competition in the UK, warned Morgan Stanley as it downgraded the stock on Friday.

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28 Apr
Broker tips: Drax, Stagecoach, Micro Focus
trois-ex-traders-de-barclays-reconnus-coupables-dans-l-affaire-du-libor

Drax surged on Friday as Barclays upgraded the stock to ‘overweight’ from ‘equalweight’ and lifted the price target to 410p from 400p saying post-results weakness was unjustified.

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28 Apr
HSBC downgrades Stagecoach, positive on National Express
Stagecoach bus, transport

Analysts at HSBC downgraded their recommendation and lowered their target price on shares of Stagecoach, in light of the company's "high levels" of off-balance sheet debt together with continued concerns around its rail franchise and UK bus operations.

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28 Apr
Takeover bid from Japan Tobacco on Imperial Tobacco extremely unlikely, Citi says
ep fabrica cigarrillos philip morris

A takeover bid for Imperial Tobbaco from its Japanese rival, Japan Tobacco was unlikely, analysts at Citi said.

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28 Apr
Friday broker round-up
Drax power station, energy generator, electricity, power

Drax: Barclays upgrades to Overweight with a target price of 410p.

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28 Apr
Deutsche Bank starts Micro Focus at 'buy'
micro focus

Deutsche Bank initiated coverage of Micro Focus International at ‘buy’ with a 2,900p price target.

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28 Apr
Drax surges on Barclays upgrade to 'overweight'
Drax power station, energy generator, electricity, power

Drax surged on Friday as Barclays upgraded the stock to ‘overweight’ from ‘equalweight’ and lifted the price target to 410p from 400p saying post-results weakness was unjustified.

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27 Apr
Credit Suisse initiates coverage of UK life insurers
legal and & general

Credit Suisse initiated coverage of five UK life insurers on Thursday.

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27 Apr
Barclays raises target price on Ibstock
housebuilding builder housing redrow ibstock

Analysts at Barclays sounded a positive note on Ibstock following the full placement of Bain Capital's share, raising their target price on the stock.

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27 Apr
Thursday broker round-up
GlaxoSmithKline

GlaxoSmithKline: Deutsche Bank reiterates Hold with a target price of 1700p.

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26 Apr
Broker tips: Bellway, Savills, Merlin Entertainments, Sky, oil companies, Severn Trent
Bellway, construction

Peel Hunt upgraded Bellway to 'add' from 'hold' and went the other way on Savills as it took a look at UK housebuilders and estate agents.

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26 Apr
Merlin Entertainment hotels could lift share price to 800p - Morgan Stanley
merlin, legoland

The plan by Merlin Entertainments to add hotels to their theme parks is underappreciated by the market, said Morgan Stanley on Wednesday as it set a bullish share price target for the years ahead.

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26 Apr
Canaccord highlights potential in Rockhopper and Eland Oil&Gas
BP, oil, gas

Analysts at Canaccord Genuity highlighted the favourable prospects for junior oil explorers Rockhopper and Eland Oil&Gas.

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26 Apr
Peel Hunt upgrades Bellway, downgrades Savills
London houses

Peel Hunt upgraded Bellway to 'add' from 'hold' and went the other way on Savills as it took a look at UK housebuilders and estate agents.

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26 Apr
Jefferies says Sky is undervalued with or without £11.7bn Fox merger
bskyb-logo

Jefferies has upgraded Sky to ‘buy’ from ‘hold’ and hiked its price target to 1,200p from 1,050p as it believes the broadcaster is “materially” undervalued with or without the potential £11. 7bn merger with Fox.

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26 Apr
Wednesday broker round-up
sky tv bskyb television

Sky: Jefferies upgrades to Buy with a target price of 1200p.

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26 Apr
HSBC downgrades Severn Trent on asset resilience issues
 water treatment tank

Analysts at HSBC downgraded their recommendation on shares of Severn Trent in view of the regulator's new push for the sector to increase its 'resilience', which in the case of Coventry-based Severn meant roughly £230. 0m of additional capital outlays.

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26 Apr
Jefferies downgrades Next to 'underperform'
next shop retail costa whitbread

Jefferies downgraded retailer Next to 'underperform' from 'hold', keeping the price target at 3,500p.

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25 Apr
Deutsche Bank trims HSBC target price ahead of Q1 figures
hsbc-presente-ses-excuses-pour-sa-filiale-suisse

Analysts at Deutsche Bank revised their target price for shares of HSBC modestly lower ahead the lender's first quarter figures, due out on 4 May.

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