Breaking Point

Headlines say 2025 Budget may be breaking point for London businesses and all stock picks this week are 74% BUY, 13% HOLD and 13% SELL

1. BUY Fresnillo

Top performing stock pick is BUY Fresnillo by Citi with a tip performance 13%.

Fresnillo plc is a Mexico-based precious metals mining company, primarily engaged in the production of silver and gold, with lead and zinc also being key outputs. It is the world's largest primary silver producer and a major gold producer in Mexico. The company's operations include seven mines in Mexico, and it is listed on both the London Stock Exchange and the Mexican Bolsa.

Fresnillo share prica launched at 520p in 2008, rose to an all-time high of 2,604p in 2025.

Although no recent RNS' indicate a change in the company to initiate a price move, Fresnillo stock has performed positively over the past month and year.

Citi reiterated the firms BUY rating and upped the target price from 2,700p to 3,000p.

In Stockomendation five analysts three with BUY they are Citi, Emily Gosden and Berenberg; Canaccord Genuity has HOLD and John Fieldsend says WATCH. There are no open fund manager short positions.

2. BUY M&C Saatchi

Second top performing stock pick this week is BUY M&C Saatchi by Berenberg with a tip performance of 10%.

M&C Saatchi is a UK-based global creative solutions company that offers marketing and advertising services, operating as the world's largest independent creative network. It was founded in 1995, the company provides services across advertising, media, PR and consulting.

M&C Saatchi share price laucnhed at 129p in 2004, rose to an all-time high of 412p in 2018 and is today at 121p.

On 24th November it issued a Trading Updated in this RNS which included a profit warning amid ‘ad industry chaos’ and US Government shutdown. Berenberg lowered its target price from 24-p to 200p.

In Stockomendation five analysts: three with BUY they are Berenberg, Deutsche Bank and Panmure Gordon; Steve Moore says AVOID and Peel Hunt has HOLD. There are no active fund manager short positions.

3. UNDERPERFORM Liontrust

Third top performing stock pick this week is UNDERPERFORM Liontrust Asset Management by RBC Capital with a tip performance of 7%.

Liontrust Asset Management is a UK specialist active asset manager founded in 1995. Listed in London under the ticker LIO, it invests on behalf of clients through a range of equity, fixed income, and multi-asset funds.

Liontrust share price launched at 173p in 1999, rose to an all-time high of 2,435p in 2021 and is today at 262p.

In the news this week with a 75,000 share buyback program equating to £10 million by 30 June 2026.

RBC Capital reiterated its UNDERPERFORM rating and lowered its target price from 270p to 260p.

In Stockomendation five analysts: Peel Hunt and Panmure Gordon with BUY; Deutsche Bank and Berenberg with HOLD and RBC Capital with UNDERPERFORM. There are no active fund manager short positions.

Join Now

Think you can pick stocks? Play the October league UK Share Picking game FREE : uksharepickinggame.co.uk

Disclaimer: The contents of this article should not be considered financial advice. Pricing data correct as at 20th November 2025.