Broker Tips
Broker tips: Shell, Greggs, AB Dynamics, BAE
Uncertainty surrounds the outlook and investment case for Royal Dutch Shell after the company cut its dividend, Berenberg analysts said as they reduced their rating on Shell shares to 'hold'.
Deutsche Bank stays at 'buy' BAE Systems, sees earnings recovering in 2021
Deutsche Bank stuck to its 'buy' recommendation on shares of BAE Systems's, telling clients that while profits would drop sharply in 2020, a recovery would follow in 2021 and the engineer would make good on its dividend payments - or mostly.
Berenberg starts AB Dynamics at 'buy', sees long-term growth drivers intact
Analysts Berenberg initiated coverage on AB Dynamics at 'buy', telling clients the recent sharp drop in the shares provided a "compelling entry point" given the strong balance sheet and valuation discount versus peers.
Shore Capital downgrades Greggs; points to 'post-lockdown strains'
Shore Capital downgraded its stance on shares of bakery chain Greggs to ‘sell’ from ‘hold’ on Friday as it pointed to "post-lockdown strains to come" and the potential for earnings per share and valuation pressure.
Shell cut to 'hold' by Berenberg on cloudy outlook
Uncertainty surrounds the outlook and investment case for Royal Dutch Shell after the company cut its dividend, Berenberg analysts said as they reduced their rating on Shell shares to 'hold'. \ .