Broker Tips
Broker tips: Sainsbury's, Whitbread, Petra Diamonds
Analysts at Berenberg downgraded their stance on Sainsbury from 'buy' to 'hold' on Thursday, stating that the supermarket's merger with Asda is now "unlikely" following the publication of provisional findings by the UK’s Competition and Markets Authority.
Read full storyBerenberg cuts Sainsbury's to 'hold' as ASDA merger 'unlikely'
Analysts at Berenberg downgraded their stance on Sainsbury from 'buy' to 'hold' on Thursday, stating that the supermarket's merger with Asda is now "unlikely" following the publication of provisional findings by the UK’s Competition and Markets Authority.
Read full storyThursday broker round-up
Sainsbury: Berenberg downgrades to hold with a target price of 235p.
Read full storyShore Capital strips Whitbread of long-standing 'buy' rating
Analysts at Shore Capital cut their long-standing 'buy' rating on Premier Inn operator Whitbread to 'hold' on Thursday, stating the firm's re-rating since its disposal of Costa appeared to be complete.
Read full storyCanaccord Genuity cuts target on Petra Diamonds
Analysts at Canaccord Genuity cut their target price for Petra Diamonds following the miner's first half figures, mainly in the wake of lower prices for rough diamonds due to general market conditions and the performance of its Cullinan mine.
Read full storyTesco 'sitting pretty' amid Sainsbury-Asda merger developments, says Jefferies
Jefferies stood by its 'buy' rating of Tesco on Wednesday, commenting that the case for investing in the company's shares remains unchanged after the Competition & Markets Authority's airing of "extensive" concerns over a proposed £13bn merger between Sainsbury's and Asda.
Read full storyBroker tips: HSBC, RBS, Marston's
Analysts at JPMorgan downgraded global banking giant HSBC to 'underweight' from 'neutral' on Wednesday, noting the troubled outlook for revenue growth might weigh on prospects for the lender's return on tangible equity for longer than previously thought.
Read full storyJPMorgan downgrades HSBC to 'underweight', cuts target
Analysts at JPMorgan downgraded global banking giant HSBC to 'underweight' from 'neutral' on Wednesday, noting the troubled outlook for revenue growth might weigh on prospects for the lender's return on tangible equity for longer than previously thought.
Read full storyConsensus underestimating potential for higher dividends from RBS, Berenberg says
Analysts at Berenberg reiterated their 'buy' stance and 340. 0p target price on RBS stock despite the shares' outperformance year-to-date, arguing that there was scope for "material" capital returns of roughly 12% per year and that the lender continued to be "undervalued".
Read full storyMarston's brewing business is an ignored asset, says Canaccord
Fuller's sales of its London Pride brand and other brewing operations for almost 24 times profits has led broker Canaccord to rethink valuations of other pubcos.
Read full storyWednesday broker round-up
Ocado: Peel Hunt downgrades to hold with a target price of 110p.
Read full storyBroker tips: Standard Chartered, Petra Diamonds, Greggs
Analysts at Jefferies reiterated their 'underperform' rating on Standard Chartered on Tuesday as it sounded a cautious note on the group's shares.
Read full storyShore Capital admits to underestimating Greggs
Analysts at Shore Capital reiterated their 'hold' stance on Greggs on Tuesday, stating that the company continued to "materially outperform" their expectations.
Read full storyJefferies stays at 'underperform' on StanChart ahead of full-year results
Analysts at Jefferies sounded a cautious note on shares of StanChart again on Tuesday, pointing to the declining trend in consensus estimates for the lender and the multiple hurdles that it was facing in terms of growing its revenues, which they said may necesitate a downgrade of management's expectations.
Read full storyBerenberg cuts price target on Petra, cites debt issues
Analysts at Berenberg dropped their price target on miner Petra Diamonds on Tuesday, stating that while the group's operations appeared to be performing "fairly well", debt was still an issue.
Read full storyTuesday broker round-up
Asiamet Resources: Berenberg reiterates buy with a target price of 13p.
Read full storyBroker tips: Inmarsat, Plus500, Centrica
Inmarsat's shares are being valued all wrong, Jefferies argued on Monday, setting a price target almost three times higher.
Read full storyBerenberg cuts Centrica to 'hold' ahead of 'another challenging year'
Analysts at Berenberg downgraded their recommendation on British energy and services firm Centrica to 'hold' on Monday.
Read full storyCanaccord Genuity slashes target on Plus500, says clarification required
Analysts at Canaccord Genuity took an axe to their target price on shares of Plus500 following the spreadbetter's latest annual results.
Read full storyHSBC downgrades Petrofac on 'known unknowns and unknown unknowns'
HSBC analysts downgraded Petrofac on Monday after taking another look at the implied fair values of the oil engineer in light of the recent developments in the Serious Fraud Office investigation.
Read full story