Berenberg Bank Stock Recommendations and Price Targets

This is a list of recent ratings by Berenberg Bank.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
7/26/2024	NSRGY Nestlé	Downgrade	$100.00		Buy ➝ Hold	Low
7/25/2024	CVSG CVS Group	Reiterated Rating	GBX 1,106	GBX 2,370	Buy	N/A
7/25/2024	PEBB The Pebble Group	Reiterated Rating	GBX 56	GBX 150	Buy	N/A
7/25/2024	JTC JTC	Reiterated Rating	GBX 1,072	GBX 1,150	Buy	N/A
7/25/2024	ASCL Ascential	Boost Price Target	GBX 568	GBX 395 ➝ GBX 568	Hold	N/A
7/25/2024	RHIM RHI Magnesita	Lower Price Target	GBX 3,645	GBX 4,300 ➝ GBX 4,150	Buy	N/A
7/25/2024	THS Tharisa	Reiterated Rating	GBX 84	GBX 130	Buy	N/A
7/24/2024	RKT Reckitt Benckiser Group	Boost Price Target	GBX 4,486	GBX 5,100 ➝ GBX 5,200	Hold	N/A
7/24/2024	HOC Hochschild Mining	Reiterated Rating	GBX 176	GBX 200	Hold	N/A
7/24/2024	SXS Spectris	Upgrade	GBX 3,094	GBX 3,520 ➝ GBX 3,920	Buy	N/A
7/18/2024	AJB AJ Bell	Boost Price Target	GBX 444	GBX 370 ➝ GBX 410	Hold	N/A
7/18/2024	KIE Kier Group	Reiterated Rating	GBX 159	GBX 210	Buy	N/A
7/18/2024	AAL Anglo American	Boost Price Target	GBX 2,380	GBX 2,000 ➝ GBX 2,100	Sell	N/A
7/18/2024	MIDW Midwich Group	Reiterated Rating	GBX 352	GBX 620	Buy	N/A
7/18/2024	CRW Craneware	Boost Price Target	GBX 2,380	GBX 2,600 ➝ GBX 2,700	Buy	N/A
7/18/2024	CEY Centamin	Reiterated Rating	GBX 121	GBX 160	Buy	N/A
7/17/2024	ITRK Intertek Group	Reiterated Rating	GBX 5,015	GBX 5,500	Buy	N/A
7/17/2024	BAB Babcock International Group	Downgrade	GBX 530	GBX 510 ➝ GBX 565	Hold	N/A
7/17/2024	KMR Kenmare Resources	Reiterated Rating	GBX 330	GBX 420	Hold	N/A
7/16/2024	IHP IntegraFin	Boost Price Target	GBX 383	GBX 390 ➝ GBX 400	Buy	N/A
7/16/2024	SN Smith & Nephew	Reiterated Rating	GBX 1,125	GBX 1,450	Hold	N/A
7/15/2024	MEGP ME Group International	Reiterated Rating	GBX 185	GBX 200	Buy	N/A
7/15/2024	OCDO Ocado Group	Downgrade	GBX 446	GBX 1,000 ➝ GBX 260	Underperform	N/A
7/11/2024	IDOX IDOX	Initiated Coverage	GBX 62	GBX 81	Buy	N/A
7/11/2024	LLY Eli Lilly and Company	Boost Price Target	$805.00	$850.00 ➝ $1,000.00	Buy ➝ Buy	Low
7/11/2024	WISE Wise	Reiterated Rating	GBX 723	GBX 1,045	Buy	N/A
7/11/2024	CAML Central Asia Metals	Lower Price Target	GBX 199	GBX 240 ➝ GBX 230	Buy	N/A
7/11/2024	HTG Hunting	Boost Price Target	GBX 445	GBX 510 ➝ GBX 520	Buy	N/A
7/11/2024	ECOR Ecora Resources	Reiterated Rating	GBX 64	GBX 140	Buy	N/A
7/11/2024	BHP BHP Group	Lower Price Target	GBX 2,141	GBX 2,100 ➝ GBX 2,000	Hold	N/A
7/10/2024	THS Tharisa	Reiterated Rating	GBX 84	GBX 130	Buy	N/A
7/10/2024	LIO Liontrust Asset Management	Reiterated Rating	GBX 658	GBX 750	Hold	N/A
7/10/2024	IPX Impax Asset Management Group	Lower Price Target	GBX 404	GBX 700 ➝ GBX 620	Buy	N/A
7/10/2024	GFM Griffin Mining	Boost Price Target	GBX 132	GBX 180 ➝ GBX 190	Buy	N/A
7/9/2024	SHEL Shell	Reiterated Rating	GBX 2,780	GBX 3,400	Buy	N/A
7/9/2024	ECEL Eurocell	Reiterated Rating	GBX 149	GBX 180	Buy	N/A
7/9/2024	BP BP	Reiterated Rating	GBX 454	GBX 510	Hold	N/A
7/8/2024	BCG Baltic Classifieds Group	Initiated Coverage	GBX 271	GBX 300	Buy	N/A
7/8/2024	MACF Macfarlane Group	Boost Price Target	GBX 126	GBX 145 ➝ GBX 150	Buy	N/A
7/8/2024	FGP FirstGroup	Boost Price Target	GBX 170	GBX 195 ➝ GBX 205	Buy	N/A
7/8/2024	AAL Anglo American	Reiterated Rating	GBX 2,380	GBX 2,000	Sell	N/A
7/5/2024	LBG LBG Media	Boost Price Target	GBX 124	GBX 120 ➝ GBX 140	Buy	N/A
7/3/2024	ONT Oxford Nanopore Technologies	Lower Price Target	GBX 130	GBX 350 ➝ GBX 282	Buy	N/A
7/3/2024	CARD Card Factory	Initiated Coverage	GBX 114	GBX 154	Buy	N/A
7/3/2024	KWS Keywords Studios	Downgrade	GBX 2,380	GBX 2,090 ➝ GBX 2,450	Hold	N/A
7/2/2024	KOO Kooth	Initiated Coverage	GBX 320	GBX 590	Buy	N/A
7/2/2024	SHED Urban Logistics REIT	Reiterated Rating	GBX 123	GBX 142	Buy	N/A
7/2/2024	DLG Direct Line Insurance Group	Lower Price Target	GBX 188	GBX 220 ➝ GBX 215	Hold	N/A
7/2/2024	PRV Porvair	Reiterated Rating	GBX 668	GBX 800	Buy	N/A
7/2/2024	CRW Craneware	Reiterated Rating	GBX 2,380	GBX 2,600	Buy	N/A
7/1/2024	RBW Rainbow Rare Earths	Reiterated Rating	GBX 11	GBX 38	Buy	N/A
7/1/2024	GGP Greatland Gold	Reiterated Rating	GBX 7	GBX 12	Buy	N/A
7/1/2024	VLX Volex	Reiterated Rating	GBX 348	GBX 400	Buy	N/A
7/1/2024	ECOR Ecora Resources	Reiterated Rating	GBX 64	GBX 140	Buy	N/A
7/1/2024	CPYYY Centrica	Upgrade	$7.00		Hold ➝ Buy	Low
6/28/2024	INF Informa	Boost Price Target	GBX 874	GBX 975 ➝ GBX 1,010	Buy	N/A
6/28/2024	INVP Investec Group	Boost Price Target	GBX 608	GBX 540 ➝ GBX 660	Buy	N/A
6/28/2024	STJ St. James's Place	Reiterated Rating	GBX 556	GBX 750	Buy	N/A
6/28/2024	CNA Centrica	Upgrade	GBX 131	GBX 130 ➝ GBX 155	Buy	N/A
6/28/2024	BASFY Basf	Upgrade	$12.00		Strong-Buy	Low
6/28/2024	MOON Moonpig Group	Boost Price Target	GBX 216	GBX 265 ➝ GBX 280	Buy	N/A
6/28/2024	CURY Currys	Boost Price Target	GBX 82	GBX 90 ➝ GBX 92	Buy	N/A
6/27/2024	WISE Wise	Lower Price Target	GBX 723	GBX 1,140 ➝ GBX 1,045	Buy	N/A
6/27/2024	RIO Rio Tinto Group	Downgrade	$65.00		Buy ➝ Hold	Low
6/27/2024	WPM Wheaton Precious Metals	Boost Price Target	$58.00	$64.00 ➝ $66.00	Buy	Low
6/27/2024	DAL Dalata Hotel Group	Reiterated Rating	GBX 356	GBX 510	Buy	N/A
6/27/2024	ATM Andrada Mining	Boost Price Target	GBX 3	GBX 9 ➝ GBX 10	Buy	N/A
6/27/2024	NFG Next 15 Group	Reiterated Rating	GBX 830	GBX 1,450	Buy	N/A
6/26/2024	AAL Anglo American	Downgrade	GBX 2,380	GBX 3,000 ➝ GBX 2,000	Sell	N/A
6/26/2024	CEY Centamin	Reiterated Rating	GBX 121	GBX 160	Buy	N/A
6/26/2024	HOC Hochschild Mining	Downgrade	GBX 176	GBX 200	Hold	N/A
6/26/2024	RIO Rio Tinto Group	Downgrade	GBX 5,037	GBX 5,900 ➝ GBX 5,800	Buy ➝ Hold	N/A
6/25/2024	SMNEY Siemens Energy	Upgrade	$27.00		Strong-Buy	Low
6/23/2024	LZAGY Lonza Group	Upgrade	$66.00		Strong-Buy	Low
6/20/2024	GSK GSK	Upgrade	$40.00		Strong-Buy	Low
6/19/2024	RBW Rainbow Rare Earths	Reiterated Rating	GBX 11	GBX 38	Buy	N/A
6/18/2024	STEM SThree	Reiterated Rating	GBX 414	GBX 550	Buy	N/A
6/18/2024	SRE Sirius Real Estate	Boost Price Target	GBX 95	GBX 102 ➝ GBX 115	Buy	N/A
6/17/2024	DSCV discoverIE Group	Reiterated Rating	GBX 707	GBX 1,030	Buy	N/A
6/14/2024	CRST Crest Nicholson	Reiterated Rating	GBX 264	GBX 280	Buy	N/A
6/12/2024	PBEE PensionBee Group	Reiterated Rating	GBX 168	GBX 170	Buy	N/A
6/12/2024	ATG Auction Technology Group	Reiterated Rating	GBX 495	GBX 710	Buy	N/A
6/12/2024	W7L Warpaint London	Reiterated Rating	GBX 630	GBX 580	Buy	N/A
6/12/2024	VLX Volex	Reiterated Rating	GBX 348	GBX 400	Buy	N/A
6/12/2024	RIO Rio Tinto Group	Reiterated Rating	GBX 5,037	GBX 5,900	Buy	N/A
6/12/2024	BHP BHP Group	Reiterated Rating	GBX 2,141	GBX 2,100	Hold	N/A
6/12/2024	AAL Anglo American	Reiterated Rating	GBX 2,380	GBX 3,000	Hold	N/A
6/11/2024	CTEC ConvaTec Group	Reiterated Rating	GBX 250	GBX 310	Buy	N/A
6/11/2024	RNWH Renew	Boost Price Target	GBX 1,078	GBX 1,200 ➝ GBX 1,250	Buy	N/A
6/11/2024	JMAT Johnson Matthey	Reiterated Rating	GBX 1,655	GBX 1,800	Hold	N/A
6/10/2024	MEGP ME Group International	Reiterated Rating	GBX 185	GBX 200	Buy	N/A
6/7/2024	BLND British Land	Boost Price Target	GBX 400	GBX 469 ➝ GBX 500	Buy	N/A
6/7/2024	LAND Land Securities Group	Lower Price Target	GBX 628	GBX 807 ➝ GBX 755	Buy	N/A
6/7/2024	AZN AstraZeneca	Boost Price Target	£121.80	£130 ➝ £150	Buy	N/A
6/5/2024	HLN Haleon	Initiated Coverage	$9.00		Buy	Low
6/5/2024	SMWH WH Smith	Reiterated Rating	GBX 1,300	GBX 1,600	Buy	N/A
6/5/2024	LGEN Legal & General Group	Reiterated Rating	GBX 230	GBX 289	Buy	N/A
6/4/2024	YCA Yellow Cake	Reiterated Rating	GBX 523	GBX 776	Buy	N/A
6/4/2024	CHG Chemring Group	Boost Price Target	GBX 394	GBX 415 ➝ GBX 460	Buy	N/A
6/4/2024	FUTR Future	Upgrade	GBX 1,118	GBX 850 ➝ GBX 1,310	Buy	N/A