Broker Tips
Broker tips: Reach, Bridgepoint
Liberum initiated coverage of newspaper and magazine publisher Reach on Tuesday with a 'buy' rating and 475. 0p price target as it said the shares have done well in recent months, but are at the start of the next growth phase.
Sainsbury's bank sale would make sense, Shore says
A sale of Sainsbury's bank would be a sensible move for the supermarket group as it concentrates on its core retail business, Shore Capital said after a press report that a deal was in the works.
Citi, JPMorgan start coverage of Bridgepoint
JPMorgan Cazenove and Citi both initiated coverage of recently-listed Bridgepoint on Tuesday.
Liberum says Reach at an inflection point, starts at 'buy'
Liberum initiated coverage of newspaper and magazine publisher Reach on Tuesday with a ‘buy’ rating and 475p price target as it said the shares have done well in recent months, but are at the start of the next growth phase.