Broker Tips
Broker tips: Anglo American, ITM Power, Rolls Royce
RBC Capital Markets downgraded its recommendation on shares of miner Anglo American to ‘sector perform’ from ‘outperform’ on Tuesday, slashing the price target to 3,400p from 4,100p as it pointed to rising headwinds.
Berenberg names Rolls Royce 'top pick', operating margins set to grow substantially
Analysts at Berenberg selected Airbus and Rolls Royce as their 'key picks' within civilian aerospace, arguing that the deep restructuring such companies had withstood would drive bigger operating margins within three to five years in comparison to pre-pandemic levels.
Tuesday broker round-up
Page Group: Morgan Stanley downgrades to underweight with a target price of 545p.
RBC initiates coverage of ITM Power
RBC Capital Markets has initiated coverage of hydrogen electrolyser manufacturer ITM Power with a target price of 310p.
RBC Capital downgrades Anglo American, cites growing headwinds
RBC Capital Markets downgraded its recommendation on shares of miner Anglo American to ‘sector perform’ from ‘outperform’ on Tuesday, slashing the price target to 3,400p from 4,100p as it pointed to rising headwinds.