Investec Stock Recommendations and Price Targets

This is a list of recent ratings by Investec.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
3/17/2023	RITPF RIT Capital Partners	Downgrade	$23.00		Hold ➝ Sell	Low
2/23/2023	HLN Haleon	Initiated Coverage	$8.00		Sell	Low
2/17/2023	DNLMY Dunelm Group	Upgrade	$13.00		Hold ➝ Buy	Low
2/14/2023	RTBBF Rathbones Group	Downgrade	$20.00		Buy ➝ Hold	Low
2/14/2023	RAT Rathbones Group	Downgrade	GBX 1,884	GBX 2,195	Hold	N/A
2/10/2023	SCBFF Standard Chartered	Downgrade	$7.00		Buy ➝ Hold	Low
2/6/2023	SECCF Serco Group	Initiated Coverage	$2.00		Buy	Low
2/3/2023	SCBFF Standard Chartered	Upgrade	$7.00		Hold ➝ Buy	Low
2/1/2023	DSITF Currys	Upgrade	$1.00		Hold ➝ Buy	Low
1/31/2023	DEO Diageo	Upgrade	$180.00		Hold ➝ Buy	Low
1/31/2023	DGE Diageo	Upgrade	GBX 3,603	GBX 3,900	Buy	N/A
1/13/2023	KIROY Kumba Iron Ore	Downgrade	$8.00		Buy ➝ Sell	Low
1/13/2023	ANGPY Anglo American Platinum	Downgrade	$9.00		Buy ➝ Sell	Low
1/13/2023	AU AngloGold Ashanti	Upgrade	$21.00		Sell ➝ Buy	Low
1/10/2023	PROSY Prosus	Downgrade	$14.00		Buy ➝ Hold	N/A
1/10/2023	NXGPF NEXT	Downgrade	$68.00		Buy ➝ Hold	N/A
1/6/2023	GBGPF GB Group	Upgrade	$4.00		Hold ➝ Buy	Low
1/6/2023	SCBFF Standard Chartered	Downgrade	$7.00		Buy ➝ Hold	Low
12/19/2022	DSITF Currys	Downgrade	$1.00		Buy ➝ Hold	Low
12/15/2022	PNXGF Phoenix Group	Upgrade	$8.00		Hold ➝ Buy	Low
12/15/2022	AVVIY Aviva	Downgrade	$10.00		Buy ➝ Hold	Low
12/14/2022	MBPFF Mitchells & Butlers	Initiated Coverage	$2.00		Hold	Low
12/7/2022	PSMMY Persimmon	Downgrade	$30.00		Buy ➝ Hold	Low
12/5/2022	RITPF RIT Capital Partners	Downgrade	$23.00		Buy ➝ Hold	N/A
11/29/2022	DEITF Devro	Downgrade	$4.00		Buy ➝ Hold	Low
11/17/2022	ANHGY Mediclinic International	Downgrade	$5.00		Buy ➝ Hold	N/A
11/16/2022	IGESF IGas Energy	Upgrade	$0.00		Hold ➝ Buy	N/A
11/16/2022	PMOIF Harbour Energy	Downgrade	$3.00		Buy ➝ Hold	Low
11/14/2022	HSHPF Hill & Smith	Upgrade	$15.00		Hold ➝ Buy	Low
11/14/2022	CBGPY Close Brothers Group	Downgrade	$23.00		Hold ➝ Sell	Low
11/11/2022	MBNKF Metro Bank	Downgrade	$1.00		Buy ➝ Hold	Low
10/28/2022	CBGPY Close Brothers Group	Downgrade	$23.00		Buy ➝ Hold	N/A
10/14/2022	INFY Infosys	Upgrade	$17.00		Hold ➝ Buy	Low
10/7/2022	STRNY Severn Trent	Upgrade	$36.00		Hold ➝ Buy	N/A
10/5/2022	GBGPF GB Group	Downgrade	$4.00		Buy ➝ Hold	Low
10/3/2022	MBNKF Metro Bank	Upgrade	$1.00		Hold ➝ Buy	Low
9/30/2022	KIROY Kumba Iron Ore	Upgrade	$8.00		Sell ➝ Buy	Low
9/30/2022	SBSW Sibanye Stillwater	Upgrade	$9.00		Hold ➝ Buy	Low
9/30/2022	IMPUY Impala Platinum	Upgrade	$9.00		Hold ➝ Buy	Low
9/30/2022	ANGPY Anglo American Platinum	Upgrade	$9.00		Hold ➝ Buy	Low
9/30/2022	AU AngloGold Ashanti	Downgrade	$21.00		Buy ➝ Sell	Low
9/27/2022	BFFBF Biffa	Downgrade	$5.00		Buy ➝ Hold	Low
9/14/2022	ALFDF Astral Foods	Downgrade	$9.00		Buy ➝ Hold	N/A
9/13/2022	MBNKF Metro Bank	Downgrade	$1.00		Buy ➝ Hold	Low
9/13/2022	LCSHF Lancashire	Upgrade	$7.00		Hold ➝ Buy	Low
9/13/2022	BZLYF Beazley	Upgrade	$7.00		Hold ➝ Buy	Low
9/13/2022	HCXLF Hiscox	Downgrade	$13.00		Buy ➝ Hold	Low
9/13/2022	ASBFY Associated British Foods	Downgrade	$24.00		Hold	Low
9/9/2022	MRPLY Mr Price Group	Upgrade	$7.00		Hold ➝ Buy	Low
9/9/2022	NPSNY Naspers	Upgrade	$34.00		Hold ➝ Buy	Low
9/7/2022	NCCGF NCC Group	Upgrade	$2.00		Hold ➝ Buy	Low
9/5/2022	AMIGY Admiral Group	Upgrade	$24.00		Sell ➝ Hold	Low
9/2/2022	IGESF IGas Energy	Downgrade	$0.00		Buy ➝ Hold	N/A
9/2/2022	HNTIF Hunting	Upgrade	$4.00		Hold ➝ Buy	Low
9/1/2022	CBGPY Close Brothers Group	Upgrade	$23.00		Hold ➝ Buy	Low
8/25/2022	AVEVF AVEVA Group	Downgrade	$40.00		Buy ➝ Hold	Low
8/8/2022	CBGPY Close Brothers Group	Downgrade	$23.00		Buy ➝ Hold	Low
8/1/2022	RTMVY Rightmove	Upgrade	$14.00		Sell ➝ Hold	Low
7/27/2022	MBNKF Metro Bank	Downgrade	$1.00		Buy ➝ Hold	Low
7/25/2022	PYTCF Playtech	Upgrade	$7.00		Hold ➝ Buy	Low
7/25/2022	DNLMY Dunelm Group	Upgrade	$13.00		Sell ➝ Hold	Low
7/15/2022	SCBFF Standard Chartered	Upgrade	$7.00		Hold ➝ Buy	Low
7/11/2022	JTCPF JTC	Initiated Coverage	$8.00	$906.00	Buy	N/A
7/11/2022	HRGLY Hargreaves Lansdown	Upgrade	$20.00		Hold ➝ Buy	N/A
7/7/2022	GFI Gold Fields	Upgrade	$12.00		Hold ➝ Buy	N/A
7/7/2022	SBSW Sibanye Stillwater	Downgrade	$9.00		Buy ➝ Hold	N/A
7/7/2022	IMPUY Impala Platinum	Downgrade	$9.00		Buy ➝ Hold	N/A
7/7/2022	AU AngloGold Ashanti	Upgrade	$21.00		Hold ➝ Buy	N/A
7/7/2022	NGLOY Anglo American	Downgrade	$16.00		Buy ➝ Hold	N/A
6/28/2022	PROSY Prosus	Downgrade	$14.00		Buy ➝ Hold	Low
6/28/2022	NPSNY Naspers	Downgrade	$34.00		Buy ➝ Hold	Low
6/28/2022	TCEHY Tencent	Downgrade	$44.00		Hold ➝ Sell	Low
6/27/2022	TRWKF Truworths International	Downgrade	$2.00		Buy ➝ Hold	N/A
6/27/2022	WLWHY Woolworths	Downgrade	$4.00		Buy ➝ Hold	Low
6/27/2022	FHNGY The Foschini Group	Downgrade	$4.00		Buy ➝ Hold	N/A
6/27/2022	MRPLY Mr Price Group	Downgrade	$7.00		Buy ➝ Hold	Low
6/15/2022	HSBC HSBC	Upgrade	$35.00		Hold ➝ Buy	Medium
6/14/2022	PNXGF Phoenix Group	Downgrade	$8.00		Buy ➝ Hold	Low
6/14/2022	AVVIY Aviva	Upgrade	$10.00		Hold ➝ Buy	Low
5/27/2022	SAGKF Stagecoach Group	Downgrade	$1.00		Buy ➝ Hold	Low
5/20/2022	NWG NatWest Group	Upgrade	$7.00		Hold ➝ Buy	Low
5/12/2022	SCBFY Standard Chartered	Downgrade	$16.00		Buy ➝ Hold	High
5/10/2022	MBNKF Metro Bank	Upgrade	$1.00		Hold ➝ Buy	Low
4/25/2022	BZLYF Beazley	Downgrade	$7.00		Buy ➝ Hold	Low
4/25/2022	HCXLF Hiscox	Upgrade	$13.00		Hold ➝ Buy	Low
4/22/2022	RBSPF NatWest Group	Downgrade	$3.00		Buy ➝ Hold	Low
4/22/2022	NWG NatWest Group	Downgrade	$7.00	$253.08	Buy ➝ Hold	Medium
4/21/2022	NGG National Grid	Downgrade	$64.00		Buy	High
4/20/2022	IBJHF Ibstock	Initiated Coverage	$2.00		Hold	Low
4/20/2022	FTTRF Forterra	Initiated Coverage	$2.00		Buy	Low
4/19/2022	MYSRF Moneysupermarket.com Group	Downgrade	$3.00		Buy ➝ Hold	Low
4/7/2022	ALFDF Astral Foods	Upgrade	$9.00		Sell ➝ Hold	N/A
4/7/2022	TBLMY Tiger Brands	Downgrade	$10.00		Hold ➝ Sell	Low
3/14/2022	BHHOF boohoo group	Upgrade	$0.00	$98.00	Hold	N/A
3/14/2022	BHOOY boohoo group	Upgrade	$12.00		Sell ➝ Hold	Low
3/9/2022	RBSPF NatWest Group	Upgrade	$3.00		Hold ➝ Buy	Low
3/1/2022	HMY Harmony Gold Mining	Upgrade	$4.00		Sell ➝ Hold	High
3/1/2022	GFI Gold Fields	Upgrade	$12.00		Sell ➝ Hold	Medium
3/1/2022	AU AngloGold Ashanti	Upgrade	$21.00		Sell ➝ Hold	Medium
3/1/2022	BDVSY The Bidvest Group	Upgrade	$28.00		Hold ➝ Buy	High