Broker Recommendations
Tuesday broker round-up
Croda International: UBS downgrades to neutral with a target price of 5,500p.
Croda shares slump on UBS downgrade
Croda International was under the cosh on Tuesday as UBS downgraded its stance on the shares to 'neutral' from 'buy', as it argued that the stock's multiple was now fair and 2019 growth is likely to be weighted to the second half.
Berenberg stays at buy on Hurricane Energy after Warwick Deep
Analysts at Berenberg reiterated their 'buy' recommendation for shares of Hurricane Energy despite the disappointing the results of its Warwick Deep well on Monday, arguing that what most mattered for the oil explorer were its assets at the Lancaster field.
Analysts somewhat divided on results of US-China trade talks
Last Saturday's meeting between the Presidents of China and the US played out roughly as expected, save for the positive suprise in the form of a partial reprieve for technology giant Huawei, but there was some division among analysts on either side of the Pond regarding what most likely lay ahead next.
Monday broker round-up
Merlin Entertainments: Berenberg upgrades to hold with a target price of 455p.
Liberum ups price target on AB Dynamics following 'excellent strategic acquisition'
Analysts at Liberum upped their target price on AIM-listed AB Dynamics from 2,625p to 2,750p, after the group snapped up rFpro on Friday afternoon.
Apple shares poised to surge if trade war ends - Wedbush
Shares in Apple could rise by as much as $25 if talks to end the bitter trade war between the US and China prove successful, Wedbush Securities believes.