London-listed analyst downgrades and price target changes…
Downgrade/Upgrade:
Analyst James Grzinic at Jefferies has downgraded Marks & Spencer to Hold from Buy, setting a price target of 250p, up from 220p. Grzinic put the company’s valuation as the reason for the downgrade. The company’s “rehabilitation looks largely complete,” said the analyst. In addition, he told investors in a research note that earnings upside potential now looks more limited.
Exane BNP Paribas analyst James Hollins has downgraded IAG to Underperform from Neutral, setting a 150p price target. The analyst told investors that he sees “external headwinds,” including weaker corporate travel and higher Heathrow fees.
Ready to put what you’ve learned into practice?
Try IG’s platform with £10,000 in virtual funds and practise trading
without putting your own money at risk.
Try IG with a demo account →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Learn the markets with IG Academy
Build your knowledge with IG Academy educational content, then use a
demo account to practise what you’ve learned on the IG platform.
Explore IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
See how trading works before risking real money
IG’s demo gives you access to thousands of markets and £10,000 in
virtual funds, so you can explore the platform and test your ideas first.
Open an IG demo →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Turn trading theory into practical experience
Learn with IG Academy, explore charts and market tools, and practise
strategies in a simulated trading environment before going live.
Start practising with IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Ready to take your learning further?
IG combines market education, analysis and an established trading platform,
giving you the tools to keep learning as you develop your trading skills.
Discover IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Peel Hunt’s Matthew Saperia upgraded British Land to Add from Hold, setting a 580p price target.
Diageo:
Deutsche Bank analyst Mitch Collett increased the price target on Diageo to 4,470p from 4,300p, maintaining a Buy rating on the shares.
Credit Suisse analyst Sanjeet Aujla increased the price target on Diageo to 4,400p from 4,250p, maintaining an Outperform rating on the shares.
Other:
Credit Suisse analyst Chintan Khamar reduced the price target on Ferrexpo to 350p from 370p, maintaining a Neutral rating on the shares.
Jefferies analyst Caroline Gulliver reduced the price target on Asos to 4,050p from 5,800p, maintaining a Buy rating on the shares. Gulliver updated her estimates, and even though the price target was reduced, the analyst sees upside for the stock due to its “robust” growth outlook.
What are the Best Shares to Invest in?
One of the most frequently asked questions we receive is, “what stocks are best to buy right now?” It’s a wide-ranging question, but one that we have answered… Our AskTraders stock analysts regularly review the market and compile a list of which companies you should be adding to your portfolio, including short and longer-term positions. Here are the best stocks to buy right now
