Business & Development
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Burberry risk/reward now more balanced, says Goldman
Goldman Sachs upgraded its stance on luxury brand Burberry to ‘neutral’ from ‘sell’ and lifted the price target to 1,690p from 1,595p…
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Liberum upgrades Barratt Developments to ‘buy’
Analysts at Liberum upgraded Barratt Developments from ‘hold’ to ‘buy’ and raised their target price on the homebuilder to 735.0p from 690.0p…
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Barclays downgrades Johnson Matthey to ‘underweight’
Barclays downgraded specialty chemicals company Johnson Matthey to ‘underweight’ from ‘equalweight’ and cut the price target to 2,570p from 2,640p. The bank…
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Jefferies downgrades Wood Group, warns of likely revisions to revenue forecasts
(Sharecast News) – Jefferies has downgraded Wood Group ahead of potentially “significant” downward revisions to 2021 revenues. The bank cut its rating…
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Jefferies bullish on Indivior, says markets ‘too conservative’ on outlook for Sublocade
(Sharecast News) – Jefferies included drugs manufacturer Indivior on their latest quarterly list of 15 key buy ideas in the UK small…
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Tuesday broker round-up
(Sharecast News) – AJ Bell: Berenberg upgrades to hold with a target price of 400p. BT Group: Berenberg reiterates buy with a…
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Canaccord maintains ‘hold’ rating on Spirent Communications
(Sharecast News) – Analysts at Canaccord Genuity maintained their ‘hold’ rating on Spirent Communications on Tuesday following the group’s fourth-quarter trading update.…
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Berenberg upgrades AJ Bell to ‘hold’
(Sharecast News) – Berenberg upgraded its stance on shares of investment platform AJ Bell on Tuesday to ‘hold’ from ‘sell’, hiking the…
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Canaccord raises target price on Travis Perkins
(Sharecast News) – Analysts at Canaccord Genuity raised their target price on builders’ merchant and home improvement retailer Travis Perkins from 1,360.0p…
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JP Morgan cuts Ryanair to ‘neutral’ on weaker earnings
(Sharecast News) – JP Morgan cut Ryanair shares to ‘neutral’ but stayed positive on Wizz Air as the bank reduced earnings forecasts…

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