Broker Tips
Broker tips: Whitbread, EasyJet, M&S
Whitbread was under the cosh on Monday as Barclays downgraded its stance on shares of the Premier Inn owner to ‘equal-weight’ from ‘overweight’.
Berenberg cuts price target on 'sell' rated M&S
Analysts at Berenberg cut their target price on retailer Marks & Spencer's shares from 250. 0p to 160. 0p on Monday, stating that they felt that the downgrade cycle was "not yet over" for the group.
JP Morgan spies tactical opportunity in euro area equities, upgrades to 'overweight'
Strategists at JP Morgan sounded a tactically confident note on the outlook for euro area equities, citing investor positioning, the valuation discount versus stocks in the States, accelerating money supply growth and increased speculation around a possible fiscal stimulus package.
Whitbread slumps on Barclays downgrade
Whitbread was under the cosh on Monday as Barclays downgraded its stance on shares of the Premier Inn owner to ‘equalweight’ from ‘overweight’.
HSBC sees easyJet benefiting from Thomas Cook's demise
Analysts at HSBC reiterated their 'buy' recommendation for shares of Easyjet (target price unchanged at 1250. 0p) but stayed at 'reduce' on RyanAir (target price unchanged at €8. 75) stock in the wake of Thomas Cook's decision to file for administration.