Broker Tips
Broker tips: Asos, Capita, ConvaTec
Morgan Stanley downgraded shares of online fashion retailer ASOS to ‘underweight’ from ‘equalweight’ on Monday, cutting the price target to 2,000p from 2,100p as it argued that consensus medium-term forecasts are "still much too high".
Read full storyMorgan Stanley downgrades ASOS to 'underweight'
Morgan Stanley downgraded shares of online fashion retailer ASOS to ‘underweight’ from ‘equalweight’ on Monday, cutting the price target to 2,000p from 2,100p as it argued that consensus medium-term forecasts are "still much too high".
Read full storyCredit Suisses start Gazprom at 'neutral', says new payout policy priced-in
Analysts at Credit Suisse started coverage of London-listed Russian natural gas giant Gazprom a 'neutral' with a $9. 0 target price on its American Depositary Receipts, forecasting that the group's payout policy would rise to 5. 0% of profits by 2021, versus 30. 0% in 2019.
Read full storyMonday broker round-up
Avon Rubber: Berenberg downgrades to hold with a target price of 2,300p.
Read full storyUBS downgrades Capita, casts doubt over turnaround
UBS downgraded its recommendation on shares of outsourcer Capita to ‘sell’ from ‘neutral’ following a re-rating of more than 50%.
Read full storyJPMorgan downgrades ConvaTec on valuation
JPMorgan Cazenove downgraded its stance on shares of medical products maker ConvaTec to ‘underweight’ from ‘neutral’ on Monday, cutting the price target to 168p from 171p as it pointed to an unattractive risk/reward.
Read full storyBroker tips: Whitbread, Ashtead, Tullow Oil
Analysts at Canaccord Genuity lowered their target price on Premier Inn operator Whitbread to 4,250p from 4,500p on Friday following the group's "disappointing" third-quarter update in the previous session.
Read full storyMorgan Stanley says key questions left unanswered by Tullow Oil
Analysts at Morgan Stanley reiterated their 'equalweight' recommendation for shares of Tullow Oil, telling clients that its most recent guidance left key questions unanswered.
Read full storyMorgan Stanley highlights 'underappreciated' opportunity at Ashtead
Analysts at Morgan Stanley upgraded Ashtead to 'overweight' on Friday, stating that data centres were an "overlooked structural growth opportunity" for US construction equipment rental.
Read full storyCanaccord Genuity lowers target price on Whitbread
Analysts at Canaccord Genuity lowered their target price on Premier Inn operator Whitbread to 4,250p from 4,500p on Friday following the group's "disappointing" third-quarter update in the previous session.
Read full storyFriday broker round-up
Filtrona: UBS downgrades to sell with a target price of 7,250p.
Read full storyBroker tips: Spirent, Diageo, GlaxoSmithKline
Analysts at Barclays Research downgraded their view on shares of Spirent from 'equalweight' to 'underweight', telling clients that the stock's valuation was "out of sync" with testing peers.
Read full storyJefferies lowers Diageo to 'hold' following banner year
Analysts at Jefferies downgraded drinks maker Diageo from 'buy' to 'hold' on Thursday following "three very strong years of change" for the group.
Read full storyBarclays downgrades Spirent on valuation after stellar run in 2019
Analysts at Barclays Research downgraded their view on shares of Spirent from 'equalweight' to 'underweight', telling clients that the stock's valuation was "out of sync" with testing peers.
Read full storyBarclays downgrades GlaxoSmithKline to 'underweight'
Barclays downgraded its stance on GlaxoSmithKline shares to ‘underweight’ from ‘equalweight’ on Thursday, as it said 2020 looks set to be a much tougher investment year of little growth.
Read full storyThursday broker round-up
Diageo: Jefferies downgrades to hold with a target price of 3,600p.
Read full storyImproved political outlook boosts housing market - RICS
Greater political clarity following December’s general election has helped boost sentiment across the UK’s property market, a key survey showed on Thursday.
Read full storyBroker tips: RBS, TalkTalk, Capita, Aston Martin Lagonda
Royal Bank of Scotland was under the cosh on Wednesday after Barclays downgraded its stance on the shares to ‘underweight’ from ‘equalweight’.
Read full storyAston Martin needs to raise 'at least' £400m of fresh equity, says Jefferies
Aston Martin Lagonda was under pressure on Wednesday as Jefferies said the luxury car maker would need to raise "at least" £400m of fresh equity.
Read full storyGoldman adds Capita to 'Conviction List', hikes price target
Goldman Sachs reiterated its ‘buy’ rating on shares of outsourcer Capita on Wednesday as it hiked the price target to 240p from 200p and added the stock to its 'Conviction List'.
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