Broker Tips
Broker tips: Standard Life Aberdeen, Accesso Technology
Analysts at Jefferies cut their target price for shares of Standard Life Aberdeen from 410. 0p to 361. 0p, but still saw value in the shares and therefore kept their recommendation at 'buy'.
Berenberg backs Accesso's increased R&D investment
Berenberg on Friday reiterated a 'buy' rating for shares of Accesso Technology Group, with analysts arguing that the company's plans for increased investment in research and development is the "right approach", despite the resulting hit to its estimates for profits and cash flows.
Jefferies slashes target price for Standard Life Aberdeen, but reiterates 'buy'
Analysts at Jefferies cut their target price for shares of Standard Life Aberdeen from 410. 0p to 361. 0p, but still saw value in the shares and therefore kept their recommendation at 'buy'.
Friday broker round-up
Accesso Technology Group: Peel Hunt upgrades to buy with a target price of 1,145p.
Citi backs global tobacco sector, ups rating on Imperial and BAT
The UK's Imperial Tobacco and British American Tobacco have been upgraded by Citi, which is arguing that share prices across the sector are set to improve as the regulatory environment eases.
Pound wallows as govt plans vote on Withdrawal Agreement
The pound sank to its lowest point in the week on Thursday as investors and analysts struggled to see a clear way forward for Brexit after a confusing night in Westminster and as the government planned a new vote on Friday.
Barclays says global recession risk 'limited', sees pick up in South America
The global economy is set to slow a tad in 2019, economists at Barclays said, but the risk of a slump into recession is limited.
Thursday broker round-up
British American Tobacco: Citigroup upgrades to buy with a target price of 3,600p.
Broker tips: Ferguson, Greencoat Renewables, Pets at Home
JPMorgan Cazenove upped its stance on shares of plumbing and heating products distributor Ferguson to 'overweight' from 'neutral' on Wednesday after the stock sold off the day before on the back of half-year results.
Ferguson selloff overdone, says JPMorgan as it upgrades
JPMorgan Cazenove upped its stance on shares of plumbing and heating products distributor Ferguson to 'overweight' from 'neutral' on Wednesday after the stock sold off the day before on the back of half-year results.
Greencoat an 'outlier' with unwarranted discount to peers - RBC
Analysts at RBC Capital Markets upgraded Greencoat Renewables to 'outperform' on Wednesday, noting favourable winds had blown the Irish infrastructure company to an inflection point in its development.
Wednesday broker round-up
Pets at Home: Citigroup upgrades to buy with a target price of 180p.
Pets at Home's turnaround plan has legs, Citi believes
Citi has upgraded its rating on Pets at Home, arguing that management has a “viable” plan to secure the company’s future.
Broker tips: Ocado, Spectris, Rolls-Royce, Amigo
Societe General sees Ocado shares as "significantly overvalued" after the online grocery group hit a new all-time high, reiterating its 'sell' rating.
RBC reiterates 'outperform' rating on 'undervalued' Amigo
Analysts at RBC Capital Markets dropped their target price on British guarantor loans lender Amigo on Tuesday but still feel the firm is being "undervalued" by both markets and the regulator.
Ocado 'significantly overvalued' after hitting all-time high, says SocGen
Societe General sees Ocado shares as "significantly overvalued" after the online grocery group hit a new all-time high, reiterating its 'sell' rating.
Tuesday broker round-up
Spectris: Goldman Sachs downgrades to sell with a target price of 2,200p.
Spectris slumps on Goldman Sachs downgrade
Spectris was under the cosh on Tuesday as Goldman Sachs cut its recommendation to 'sell' from 'neutral' as it forecasts weak sector-relative growth, returns and cash conversion over the next two years despite the stock being valued at a premium to the sector.
JPMorgan cuts Rolls-Royce target price, cites soft EBITA margin guidance
JPMorgan Cazenove cut its price target on Rolls-Royce to 650p from 700p as it made additional cuts to its earnings per share estimates, citing soft guidance on the company's EBITA margins.
RBC Capital slashes Tesla price target, cuts Model 3 delivery forecast
RBC Capital Markets slashed its price target on electric car maker Tesla on Monday to $210 from $245 as it cut its first-quarter Model 3 delivery forecast.