Broker Tips
Brexit one year on: FTSE boosted as sterling suffers
It’s exactly one year to the day since one of the biggest political shocks of recent times unfolded before our eyes, as Britain bade goodbye to the European Union and rocked financial markets to their core as the plates of the Old Continent shifted irreversibly.
Broker tips: StanChart, Lloyds, Miners, Ultra Electronics
Goldman Sachs stuck to a 'buy' recommendation on StanChart and 'sell' on Lloyds and Barclays after adjusting its earnings estimates for the sector to reflect recent market developments and ahead of the release of the Financial Policy Committee's Financial Stability Report on 27 June.
Goldman positive on StanChart but stays at sell on Barclays and Lloyds
Goldman Sachs stuck to a 'buy' recommendation on StanChart and 'sell' on Lloyds and Barclays after adjusting its earnings estimates for the sector to reflect recent market developments and ahead of the release of the Financial Policy Committee's Financial Stability Report on 27 June.
Deutsche Bank cautious on EMEA miners, Rio Tinto still top-pick
Deutsche Bank reiterated a 'neutral' view on the European, Middle East & Asia mining sector, telling clients they were cautious given the modest deterioration seen in macro indicators for the sector.
Ultra Electronics meaningfully undervalued, Investec says
Analysts at Investec reiterated their recommendation on Ultra Electronics, telling clients the shares were "meaningfully" undervalued with momentum in the company's orders set to continue.
Thursday broker round-up
Rotork: Morgan Stanley double upgrades to Overweight with a target price of 292p.