Broker Tips
Broker tips: Boohoo, WPP, Hill & Smith, Rio Tinto
Shore Capital downgraded Boohoo to 'sell' and said the company's share price did not reflect the risks created by allegations of mistreatment of workers in its supply chain.
Peel Hunt says Vor Biopharma cash call validates Puretech Health's model
Analysts at Peel Hunt reiterated their 'Conviction Buy' recommendation for shares of PureTech Health following a $110. 0m funding round for its founded entity Vor Biopharma, arguing that the transaction validated its business model.
Berenberg hikes target price on Hill & Smith
Analysts at Berenberg hiked their target price on construction products supplier Hill & Smith from 1,325. 0p to 1,420. 0p on Wednesday, stating the group offered investors three "attractive characteristics".
Wednesday broker round-up
Persimmon: Peel Hunt upgrades to add with a target price of 2,730. 0p.
RBC Capital upgrades Rio Tinto, highlights attractive dividend yield
RBC Capital Markets upgraded its stance on shares of miner Rio Tinto to ‘sector perform’ from ‘underperform’ on Wednesday, hiking the price target to 4,200p from 3,600p.
WPP slumps as Credit Suisse reinstates coverage at 'underperform'
WPP slumped on Wednesday after Credit Suisse reinstated coverage of shares in the advertising company at ‘underperform’ with a 565p price target, pointing to "rising industry disruption".
Shore Capital says sell Boohoo on supply-chain issues
Shore Capital downgraded Boohoo to 'sell' and said the company's share price did not reflect the risks created by allegations of mistreatment of workers in its supply chain.