Broker Tips
Broker tips: AO World, Dechra, Melrose, Elementis
Jefferies raised its price target on AO World shares but downgraded its rating on the online electricals retailer's stock to 'hold' after the shares surged to a record high.
Jefferies ups AO World price target but cuts rating
Jefferies raised its price target on AO World shares but downgraded its rating on the online electricals retailer's stock to 'hold' after the shares surged to a record high.
JP Morgan raises target price on Dechra Pharmaceuticals
Analysts at JP Morgan Cazenove raised their target price on veterinary pharmaceuticals group Dechra from 3,200. 0p to 3,600. 0p on Thursday, stating they expect a year of "strong topline growth" to take place in 2021.
RBC ups Melrose price target, sees Nortek sale
Royal Bank of Canada increased its price target and earnings estimates for Melrose Industries and said the potential sale of Nortek Air could further boost the shares.
Berenberg raises target price on Elementis
Analysts at Berenberg raised their target price on diversified chemicals group Elementis from 100. 0p to 145. 0p on Thursday, stating that independence was the "surest path to value".