Broker Tips
Morgan Stanley downgrades Centrica as headwinds build
With Centrica shares trading at the same level as they had been before it profit warning back in November, Morgan Stanley reassessed its stance as the British Gas owner continued to lose customers across its UK and US businesses, and faces further headwinds.
Broker tips: Centrica, Evraz
With Centrica shares trading at the same level as they had been before it profit warning back in November, Morgan Stanley reassessed its stance as the British Gas owner continued to lose customers across its UK and US businesses, and faces further headwinds.
Goldman Sachs and Citi downgrade Evraz
Following the recent strong share price performance from Evraz, analysts at Goldman Sachs and Citi both saw fit to downgrade their ratings for the Russian steelmaker on Wednesday.
Wednesday broker round-up
Centrica: Morgan Stanley downgrades to underweight with a target price of 115p.