Analysts at Berenberg Bank have reiterated their "sell" recommendation for Anglo American PLC (LSE:AAL), setting a price target of 2,100p citing worries about the change of pace at the miner rather than the changes themselves.
After rejecting a £39 billion bid approach from the BHP, Anglo outlined plans to kick-start its operational and financial performance.
Boohoo Group PLC (AIM:BOO) has found itself on a financial tightrope as its debt pile continues to cause problems, analysts at Shore Capital believe.
On Friday, the online fashion retailer was revealed to be working with FTI Consulting to refinance its debt, sparking concerns among analysts.
NatWest Group PLC (LSE:NWG) shares were up 2.5% in afternoon trading as analysts provided their assessment of Friday's better-than-expected second-quarter results.
Berenberg raised its share price target to 415p from 350p and restated its 'buy' recommendation, stating the numbers left 'plenty in the tank'.
Drax Group (LSE:DRX) received a big price target upgrade from US bank Jefferies after its confident half-year update last week.
A new share buyback and dividend increase were well received by the market and earnings forecasts for the next four years have been raised by 4%.
UK life insurers including Legal & General Group PLC (LSE:LGEN) and Aviva plc are facing heightened scrutiny from the Prudential Regulatory Authority over their use of funded reinsurance (Funded Re) deals.
The PRA worries that the current growth in Funded Re transactions by UK life insurers could cause a build-up of risk in the sector which could ultimately affect policyholders.
BAE Systems PLC (LSE:BA.) has been upgraded to 'buy' by Citi on a recent share price dip and expectations that recent sales growth can be extended.
The bank said: “We are increasingly confident about the duration of 5-7% extending out beyond our 5-year base case – 10 years growth would increase fair value to 1,550-1,600p.
European companies have mostly missed second-quarter revenue estimates due to weak Chinese demand, but cost-cutting meant that earnings remained stable.
Ahead of a busy week where more than 150 of the UK and Europe's largest listed companies are set to report results, analysts at Panmure Liberum said sectors to have outperformed so far include health care and banks, while underperformers chemicals and automotive faced challenges and tech has been mixed.
US-imposed technology sanctions against China are a constant bugbear for the global semiconductor industry, not least for Dutch lithographic machinery monopolist ASML Holding NV (NASDAQ:ASML), the $350 billion firm selling $370 million shovels.
ASML is virtually the only provider of extreme ultraviolet (EUV) lithography machines, which are essential to the production of silicon-based microchips, in the world.
Arm Holdings PLC (NASDAQ:ARM)’s royalties are expected to flow thick and fast in the months and years ahead as the British microchip megacap reaps the benefits of a commendable client roster of global technology giants.
Firstly, Arm’s CPU technology plays a key role in Apple devices.
Silver prices have been hit by a more cautious stance (risk-off) among investors generally, especially with gold coming under pressure.
UBS is still a fan of the metal, as it should be a beneficiary of lower interest rates though it might be affected by more bouts of jitters in markets.
London stocks were highlighted by JPMorgan for their low valuations, improved political backdrop and a dividend yield of 4.1% which is the highest among large developed markets.
Equity strategists at the US investment bank previously had a preference over the past two and a half years for UK large caps over small caps, but have reversed this in recent weeks.