Berenberg upgraded HSBC to ‘buy’ from ‘hold’ on Wednesday, keeping the price target at 780p, as it said the bank’s return on tangible equity of around 13% and attractive growth potential are undervalued.
Peel Hunt upgraded Whitbread on Friday to ‘buy’ from ‘add’ and hiked the price target to 4,000p from 2,850p as it expects positive trading news from the company this year, starting with the prelims on 25 April.
Analysts at Peel Hunt reiterated their 'buy' recommendation for shares of Renewi following the company's pre-close trading update, noting how net debt continued to reduce.