Login/Register

Broker Tips News

Broker tips

Broker tips: Paddy Power Betfair, Equiniti

Broker tips: Paddy Power Betfair, Equiniti

Fri, 21 July 2017

(ShareCast News) - Paddy Power Betfair lost ground on Friday as Investec downgraded its stance on the stock to 'sell' from 'buy' and cut the price target to 6,970p from 10,000p on the back of lower fo... [more]

Goldman Sachs raises Equiniti target on US expansion

Goldman Sachs raises Equiniti target on US expansion

Fri, 21 July 2017

(ShareCast News) - Analysts at Citi bumped up their target price for shares of Equiniti, hailing its acquisition of Wells Fargo Share Registration & Services. That, the broker said, would see the firm... [more]

Citi gives Microsoft a $74 price target

Citi gives Microsoft a $74 price target

Fri, 21 July 2017

(ShareCast News) - After a callback from Microsoft, Citi has slapped a 'neutral' rating on the tech stock and a target price of $74, slightly below its current price as it does not expect a significan... [more]

Investec downgrades Paddy Power on worsening regulatory outlook

Investec downgrades Paddy Power on worsening regulatory outlook

Fri, 21 July 2017

(ShareCast News) - Paddy Power Betfair lost ground on Friday as Investec downgraded its stance on the stock to 'sell' from 'buy' and cut the price target to 6,970p from 10,000p on the back of lower fo... [more]

Friday broker round-up

Friday broker round-up

Fri, 21 July 2017

(ShareCast News) - Paddy Power: Investec downgrades to Sell with a target price of 6970p. SSP: Goldman Sachs initiates on Neutral with a target price of 512p. Sage Group: Goldman Sachs reiterates Buy... [more]

Spirent's refocus and new CFO leads to Jefferies upgrade

Thu, 20 July 2017

(ShareCast News) - Spirent Communications was upgraded to 'buy' from 'hold' by Jefferies on Thursday as the testing company has "refocused" the business on markets that could drive stronger growth. Je... [more]

Thursday broker round-up

Thu, 20 July 2017

(ShareCast News) - BHP Billiton: Citigroup downgrades to Neutral with a target price of 1350p. Spirent Communications: Jefferies upgrades to Buy with a target price of 145p. Hastings Group: JPMorgan ... [more]

Barclays downgrades Schroders, bumps up Ashmore

Thu, 20 July 2017

(ShareCast News) - Barclays downgraded Schroders and upgraded Ashmore on Thursday as it took a look at European asset managers. The bank downgraded Schroders to 'underweight' from 'equalweight' and cu... [more]

Broker tips: Hunting, Royal Mail, AA

Wed, 19 July 2017

(ShareCast News) - Analysts at Morgan Stanley downgraded their recommendation on shares of Hunting and cut their target price, telling clients consensus was too upbeat about the prospects for activity... [more]

Royal Mail will deliver, Investec says, but more slowly than expected

Wed, 19 July 2017

(ShareCast News) - Investec cut its target price on shares of Royal Mail, telling clients it was "very positive" on the long-term potential for efficiencies but less so on the outlook for the company'... [more]

Morgan Stanley downgrades Hunting, sees flat US rig count

Wed, 19 July 2017

(ShareCast News) - Analysts at Morgan Stanley downgraded their recommendation on shares of Hunting and cut their target price, telling clients consensus was too upbeat about the prospects for activity... [more]

Wednesday broker round-up

Wed, 19 July 2017

(ShareCast News) - Hunting: Morgan Stanley downgrades to Underweight with a target price of 440p. Weir Group: Morgan Stanley downgrades to Equal Weight with a target price of 1940p. Drax: Citigroup d... [more]

AA surges as Barclays initiates coverage at 'overweight'

Wed, 19 July 2017

(ShareCast News) - Shares in roadside assistance group AA surged on Wednesday as Barclays initiated coverage of the stock at 'overweight' with a 280p price target. Barclays said that three years into ... [more]

AO World a 'sell' ahead of results, ShoreCap says

Tue, 18 July 2017

(ShareCast News) - White goods retailer AO World remained a 'sell' for broker Shore Capital on Tuesday ahead of first-quarter results later in the week, amid wider concerns about big-ticket discretion... [more]

Goldman Sachs initiates Kaz Minerals at 'buy'

Tue, 18 July 2017

(ShareCast News) - Goldman Sachs initiated coverage of Kaz Minerals at 'buy' with a 700p price target saying it expects output growth and deleveraging ahead. The bank sees strong volume growth - the h... [more]

Tuesday broker round-up

Tue, 18 July 2017

(ShareCast News) - Beazley: Credit Suisse initiates at Buy with a target price of 565p. Hiscox: Credit Suisse downgrades to Neutral with a target price of 1305p. MJ Gleeson: Berenberg reiterates Outp... [more]

Credit Suisse takes a look at Lloyd's of London insurers

Tue, 18 July 2017

(ShareCast News) - Credit Suisse initiated coverage of Beazley and Lancashire on Tuesday, and downgraded Hiscox, as it took a look at the Lloyd's of London insurers. The bank started coverage of Beazl... [more]

Investec upgrades Dairy Crest after weak share price performance

Tue, 18 July 2017

(ShareCast News) - Investec upgraded Dairy Crest to 'buy' from 'hold' but cut the price target to 600p from 625p as the forecast total return moves back to double digits after a weaker share price per... [more]

WPP 'over-exposed' to consumer staples ad spend, Deutsche downgrades

Mon, 17 July 2017

(ShareCast News) - Advertising giant WPP is likely to see its earnings growth model squeezed due to its high exposure to spending from consumer staples companies, argued Deutsche Bank as it downgraded... [more]

Mitie boosted by double upgrade at Investec

Mon, 17 July 2017

(ShareCast News) - Mitie got a boost on Monday as Investec upped the stock to 'buy' from 'sell' and lifted the target price to 330p from 212p. The brokerage said the market has yet to appreciate the f... [more]

ITV hit as Goldman Sachs trims advertising growth forecasts

Fri, 14 July 2017

(ShareCast News) - Goldman Sachs trimmed its share price targets for ITV and other European media operators as it cut it forecasts for industry advertising revenue for the second quarter but spied a r... [more]

HSBC upgrades Standard Life and Aberdeen

Fri, 14 July 2017

(ShareCast News) - HSBC upgraded its recommendation on shares of Standard Life and Aberdeen ahead of their merger, telling clients the combination was "sensible (but defensive)". Their tie-up woul... [more]

B&M gets Goldman upgrade as 'significant' outperformance expected

Fri, 14 July 2017

(ShareCast News) - B&M European Value Retail should "significantly outperform" UK non-food retail sales in its next two years, reckoned Goldman Sachs, which upgraded the discounter's shares to a 'buy'... [more]

Deutsche Bank raises Rolls Royce target price, but still downbeat

Fri, 14 July 2017

(ShareCast News) - Analysts at Deutsche Bank bumped up their target price on Rolls Royce ahead of the engineer's first half results due out on 1 August, telling clients the focus won't really be on th... [more]

Broker tips: Ophir Energy, KAZ Minerals, Micro Focus

Thu, 13 July 2017

(ShareCast News) - Analysts at Cannacord Genuity trimmed their target price on Ophir Energy to reflect its recent disappointing update to investors and increased regulatory/legal risk in Tanzania. How... [more]