Broker Tips
Broker tips: M&S, BT, Pets At Home
Analysts at JP Morgan labelled Marks & Spencer's from the day before "relatively uninspiring", criticising the group's choice of strategy in a challenging market for retailers and reiterating their recommendation to 'underweight' the company's stock.
HSBC ups target price on 'market leader' Pets At Home
Analysts ay HSBC upped their target price on pet supplies retailer Pets at Home from 160p to 190p on Thursday after the group's full-year results a day earlier confirmed the successful completion of its turnaround strategy in retail and some good progress in its vet business.
Deutsche reduces BT target price over fiber tech threat
Analysts at Deutsche Bank reduced their target price on shares of the UK’s biggest broadband and mobile services provider, BT Group, from 235p to 217p on Thursday due to the short to medium term uncertainty around its financials as it gears up in order to meet its long-term ambitions in the fibre-to-the-home space.
JP Morgan reiterates 'underweight' on Marks & Spencer, criticises choice of strategy
Analysts at JP Morgan labelled Marks & Spencer's from the day before "relatively uninspiring", criticising the group's choice of strategy in a challenging market for retailers and reiterating their recommendation to 'underweight' the company's stock.
Thursday broker round-up
Babcock International: JP Morgan downgrades to neutral with a target price of 557p.