Broker Tips
Broker tips: Burberry, Coca-Cola HBC
Bernstein upped its stance on shares of luxury brand Burberry to 'market perform' from 'underperform' on Tuesday, saying it sees a more balanced risk/reward following the drop in the share price last week after its full-year results.
Coca-Cola HBC share price reaction 'overdone', says Deutsche Bank
Analysts at Deutsche Bank believe that Monday's drop in bottling company Coca-Cola HBC's shares in reaction to the news that The Coca-Cola Company would keep its majority stake in Coca-Cola Beverages Africa "for the foreseeable future" was overdone.
Bernstein bumps Burberry up to 'market perform'
Bernstein upped its stance on shares of luxury brand Burberry to 'market perform' from 'underperform' on Tuesday, saying it sees a more balanced risk/reward following the drop in the share price last week after its full-year results.