Broker Tips
Broker tips: Greene King, UK water, Lonmin
Greene King slumped on Friday after JPMorgan Cazenove downgraded the stock to 'neutral' from 'overweight' and cut the price target to 750p from 810p as it pointed to the absence of a compelling catalyst to cause a bounce-back.
Credit Suisse predicts end of an era for UK Water, cuts target prices
Analysts at Credit Suisse downgraded their view on the UK water sector, telling clients there was a fair chance that OFWAT would be less generous in its next regulatory price review, PR 19.
Goldman Sachs upgrades Lonmin to 'neutral' after underperformance
Metal miner Lonmin pushed higher on Friday after it was boosted by an upgrade to ‘neutral’ by Goldman Sachs.
Friday broker round-up
Greene King: JPMorgan downgrades to Neutral with a target price of 750p.
Greene King hit by JPMorgan downgrade
Greene King slumped on Friday after JPMorgan Cazenove downgraded the stock to 'neutral' from 'overweight' and cut the price target to 750p from 810p as it pointed to the absence of a compelling catalyst to cause a bounce-back.