Broker Tips
Shore Capital praises Global Ports' Asian operations
Analysts at Shore Capital Markets took a fresh look at Global Ports Holding on Monday following some recently announced news over at its joint-venture with SATSCreuers Cruise Services, the operator of Singapore's Marina Bay Cruise Centre.
Berenberg lower target price on Trifast amid 'tough' end-markets
Analysts at Berenberg lowered their target price on industrial fastenings manufacturer Trifast on Monday, but praised the group's solid progress despite "tough end-markets".
Broker tips: TUI, Anglo American, Rio Tinto, Capita
Berenberg downgraded its stance on shares of TUI to ‘hold’ from ‘buy’ on Thursday, slashing the price target to 950p from 1,200p.
Thursday broker round-up
Capita Group: Deutsche Bank downgrades to sell with a target price of 155p.
Berenberg downgrades TUI to ‘hold’
Berenberg downgraded its stance on shares of TUI to ‘hold’ from ‘buy’ on Thursday, slashing the price target to 950p from 1,200p.
HSBC downgrades Rio Tinto, Anglo American on valuation
HSBC downgraded its stance on Anglo American and Rio Tinto on Thursday, saying sector valuations were no longer cheap following a strong run in the share prices.
Capita knocked lower by Deutsche Bank downgrade
Capita was under pressure on Thursday after Deutsche Bank downgraded its rating on shares of the outsourcer to ‘sell’ from ‘hold’.
Berenberg slashes target price for Petrofac on weak order intake
Analysts at Berenberg slashed their target price for oilfield services firm Petrofac's shares due to a weak order pipeline going into 2020 that was seen weighing on the company's revenues and margins.
Wednesday broker round-up
Cairn Energy: Morgan Stanley upgrades to overweight with a target price of 246p.
Barclays eyes substantial upside for Reckitt Benckiser shares
It may take Reckitt Benckiser about three years to turn around its Health division and close the gap with the rest of the market in terms of growth, but success could lift the share price significantly, analysts at Barclays said.
Deutsche Bank downgrades London office real estate sector
Deutsche Bank downgraded its stance on the London office real estate sector to ‘hold’ on Wednesday, citing limited upside at current valuations.
Citi downgrades RBS to 'neutral' following 'relief rally'
Analysts at Citi downgraded their recommendations for the shares of multiple UK lenders and sounded a downbeat note on Lloyds following the the Financial Policy Committee's latest round of stress tests.
Broker tips: Schroders', NMC Health
Analysts at Berenberg lowered investment manager Schroders' from 'buy' to 'hold' on Tuesday, noting there now appeared to be "little upside" left to their 3,510p target price for the shares.
Berenberg downgrades Schroders' to 'hold' given low returns on surplus capital
Analysts at Berenberg lowered investment manager Schroders' from 'buy' to 'hold' on Tuesday, noting there now appeared to be "little upside" left to their 3,510p target price for the shares.
Muddy Waters says it's shorting NMC Health, shares sink
Shares of Abu Dhabi-based healthcare centre operator NMC Health tumbled on Tuesday after research firm Muddy Waters said it had "serious doubts" about the company’s financial statements, accusing it of manipulating its balance sheet to understate debt.
Tuesday broker round-up
BAE Systems: Goldman Sachs downgrades to neutral with a target price of 613p.
Broker tips: Barclays, Pearson, RBS
Analysts at Jefferies hiked their target price for shares of Barclays from 209p to 244p on Monday, in anticipation of a higher rate of return on capital, share buybacks and after marking down their estimated cost of equity for the lender.
Morgan Stanley upgrades RBS, expects higher capital distributions
Analysts at Morgan Stanley upped their target price and raised their recommendation for shares of RBS in anticipation that the its chief executive, Alison Rose's, targets would result in higher topline growth in the banking unit, increase the room for cost cuts in its Markets division and reduce the lender's capital requirements.