Liberum Capital Stock Recommendations and Price Targets

This is a list of recent ratings by Liberum Capital.

Date	Company Name	Action	Current Price	Price Target	Rating
11/18/2025	BYG Big Yellow Group	Reiterated Rating	GBX 936	GBX 1,385	Buy
11/18/2025	PLUS Plus500	Reiterated Rating	GBX 3,278	GBX 3,750	Buy
10/10/2025	ZPHR Zephyr Energy	Boost Price Target	GBX 3	GBX 10.30 ➝ GBX 11.20	Buy
10/10/2025	HSW Hostelworld Group	Reiterated Rating	GBX 83	GBX 200	Buy
10/10/2025	NFG Next 15 Group	Boost Price Target	GBX 328	GBX 344 ➝ GBX 479	Buy
9/9/2025	PEBB The Pebble Group	Reiterated Rating	GBX 55	GBX 95	Buy
8/11/2025	PLUS Plus500	Boost Price Target	GBX 3,278	GBX 3,650 ➝ GBX 3,750	Buy
7/24/2025	SCT Softcat	Upgrade	GBX 1,636	GBX 1,800	Buy
7/21/2025	PEBB The Pebble Group	Reiterated Rating	GBX 55	GBX 95	Buy
3/5/2024	BHP BHP Group	Reiterated Rating	$79.00		Buy ➝ Hold
3/5/2024	RIO Rio Tinto	Reiterated Rating	$82.00		Buy ➝ Hold
12/1/2023	RIO Rio Tinto	Upgrade	$82.00		Hold ➝ Buy
11/15/2023	LZM Lifezone Metals	Initiated Coverage	$4.00	$17.50	Buy