Broker Tips
Broker tips: Sumo Group, Electrocomponents
Analysts at Shore Capital upgraded their stance on video games developer Sumo Group from 'hold' to 'buy' on Friday following a near 6% drop in the outfit's shares since they initiating coverage on the group on 20 May, noting that it had created 17% upside potential to its fair value assessment of 159p per share.
Shore Capital raises Sumo to 'buy' following share price drop
Analysts at Shore Capital upgraded their stance on video games developer Sumo Group from 'hold' to 'buy' on Friday following a near 6% drop in the outfit's shares since they initiating coverage on the group on 20 May, noting hat it had created 17% upside potential to its fair value assessment of 159p per share.
Berenberg ups price target on Electrocomponents after 'solid' FY results
Analysts at Berenberg upped their target price on British industrial and electronics products distributor Electrocomponents to 715p from their previous 650p stance after the group issued a "strong set" of full-year results last week.
