Broker Tips
Citi prefers Ryanair, Wizz Air and IAG among European airlines
Citi recommends investors tread more carefully in the European airlines sector given the changed landscape in the wake of the pandemic.
Broker tips: British Land, Land Securities, Pennon, United Utilities, SSE
JP Morgan upgraded British Land and Land Securities to 'overweight' on Tuesday, supported by a prediction that retail property values were recovering.
JP Morgan names Shell 'top pick' in EU oil, expects 'stellar' cash flows
Analysts at JP Morgan named Royal Dutch Shell their 'top pick' in the European Union Oil space, in anticipation of "standout" free cash flow generation on the back of stronger macro conditions and catch-up in lagged pricing for liquid natural gas.
Deutsche Bank upgrades SSE to 'buy', moves Pennon and United Utilities to 'hold'
Analysts at Deutsche Bank took a fresh look at the European utilities sector on Tuesday, downgrading Pennon and United Utilities from 'buy' to 'hold' and upgrading SSE from 'hold' to 'buy' as a result.
Tuesday broker round-up
United Utilities: Deutsche Bank downgrades to hold with a target price of 1,050p.
JP Morgan ups British Land and Landsec to 'overweight'
JP Morgan upgraded British Land and Land Securities to 'overweight', supported by a prediction that retail property values were recovering.