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Broker tips

Deutsche upgrades Tesco, downgrades Sainsbury

Deutsche upgrades Tesco, downgrades Sainsbury

Thu, 23 March 2017

(ShareCast News) - Tesco got a boost on Thursday as Deutsche Bank upgraded the stock to 'buy' from 'hold' and lifted the price target to 240p from 230p. The bank said that while it remains concerned a... [more]

Broker tips: Berendsen, Wood Group, Hunting, Schroders

Broker tips: Berendsen, Wood Group, Hunting, Schroders

Wed, 22 March 2017

(ShareCast News) - Credit Suisse downgraded its stance on commercial laundry group Berendsen to 'underperform' from 'outperform' and slashed the price target to 700p from 1,200p as its 2017-19 earning... [more]

Wednesday broker round-up

Wednesday broker round-up

Wed, 22 March 2017

(ShareCast News) - Berendsen: Credit Suisse downgrades to Underperform with a target price of 700p Wood Group: Jefferies downgrades to Underperform with a target price of 650p. Taylor Wimpey: HSBC ma... [more]

Record number of fund managers says US equities overalued, BofA-Merrill finds

Record number of fund managers says US equities overalued, BofA-Merrill finds

Tue, 21 March 2017

(ShareCast News) - A record number of fund managers now believed US equities were overvalued, despite lofty expectations for faster economic growth worldwide, the results of a widely-followed survey f... [more]

Broker tips: Tullow Oil, Esure, Berendsen, Hastings

Broker tips: Tullow Oil, Esure, Berendsen, Hastings

Tue, 21 March 2017

(ShareCast News) - Shares in Tullow Oil gushed higher on Tuesday as Deutsche Bank upped its stance on the stock to 'buy' from 'hold' and lifted the price target to 330p from 270p, saying the current p... [more]

Tuesday broker round-up

Tue, 21 March 2017

(ShareCast News) - Tullow Oil: Deutsche Bank upgrades to Buy with a target price of 330p. Hastings: Credit Suisse initiates Hastings at Outperform with a target price of 290p. Berendsen: Barclays dow... [more]

Berendsen slumps on Barclays downgrade

Tue, 21 March 2017

(ShareCast News) - Shares in commercial laundry company Berendsen were under pressure after Barclays cut the stock to 'underweight' from 'equalweight' and slashed the target price to 700p from 911p. T... [more]

S&P could end 2017 as high as 2,750 or fall to 2,170, Barclays says

Tue, 21 March 2017

(ShareCast News) - Analysts at Barclays set a 2,525 point year-end fair value target for the S&P 500 in anticipation of the US administration's spending plans, which they said would act as the "key" f... [more]

Citi downgrades Esure as it sees little scope for outperformance

Tue, 21 March 2017

(ShareCast News) - Citi downgraded Esure to 'neutral' on Tuesday, saying it sees little scope for outperformance in the insurer's 2017 guidance. The broker downgraded the FTSE 250 company from 'buy' b... [more]

Credit Suisse initiates Hastings at 'outperform'

Tue, 21 March 2017

(ShareCast News) - Credit Suisse initiated coverage of insurer Hastings at 'outperform' with a 290p price target. The bank said it expects to see top-line driven operating earnings improvement, while ... [more]

Tullow Oil gushes higher on Deutsche Bank upgrade

Tue, 21 March 2017

(ShareCast News) - Shares in Tullow Oil gushed higher on Tuesday as Deutsche Bank upped its stance on the stock to 'buy' from 'hold' and lifted the price target to 330p from 270p, saying the current p... [more]

Berenberg hikes AstraZeneca target price, eyes product launches

Mon, 20 March 2017

(ShareCast News) - Analysts at Berenberg pushed up their target price on AstraZeneca in anticipation of multiple blockbuster launches and lessened competitive headwinds from generics in 2017. By year-... [more]

Barclays reiterates overweight on Value stocks

Mon, 20 March 2017

(ShareCast News) - Strategists at Barclays reiterated their 'Overweight' stance on so-called 'Value' stocks in anticipation of a pick-up in euro area inflation. Price pressures in the Eurozone were ... [more]

Citi upgrades Evraz as Russian steel and coal prices play catch-up

Mon, 20 March 2017

(ShareCast News) - Citi has upgraded its recommendation Evraz to a high-risk 'buy' as it sees catalysts for the shares from Russian long steel and coking coal prices catching up with those elsewhere. ... [more]

Credit Suisse hikes S&P 500 year-end 2017 target

Mon, 20 March 2017

(ShareCast News) - Strategists at Credit Suisse lifted their mid and year-end 2017 targets for the S&P 500, telling clients there was now less of a chance of a correction in the second-half of the yea... [more]

Goldman Sachs downgrades ASOS to 'neutral' on valuation

Mon, 20 March 2017

(ShareCast News) - Goldman Sachs downgraded ASOS to 'neutral' from 'buy' following a strong share price performance. Since being added to Goldman's 'buy' list in November 2016, the shares are up 13.9%... [more]

HSBC downgrades G4S on concerns about transformation strategy, labour costs

Mon, 20 March 2017

(ShareCast News) - HSBC has downgraded G4S to 'reduce' as it was unsure about what will emerge from the security firm's transformation strategy. The bank also has concerns about wage cost pressures wh... [more]

Broker tips: Prudential, Centrica, Weir, Capita

Fri, 17 March 2017

(ShareCast News) - JP Morgan Cazenove has upgraded Prudential to 'neutral' from 'underweight' and lifted the price target to 1,705p from 1,450p. The bank said its key concerns around the US and the UK... [more]

Natixis upgrades RBS as investment thesis reaches turning point

Fri, 17 March 2017

(ShareCast News) - Natixis upgraded its stance on Royal Bank of Scotland to 'buy' from 'reduce' as it lifted its price target by 29% to 289p, saying the investment thesis is reaching a turning point. ... [more]

Weir boosted by Barclays upgrade to 'overweight'

Fri, 17 March 2017

(ShareCast News) - Barclays has upgraded its stance on Weir to 'overweight' from 'equalweight' and hiked the price target to 2,300p from 1,900p, saying an attractive entry point has emerged. It noted ... [more]

HSBC ups Capita target price, doesn't expect a rights issue

Fri, 17 March 2017

(ShareCast News) - Asset disposals will allow Capita to dodge the need for a rights issue, analysts at HSBC said, although the shares' future path would hinge on management's ability to create and mai... [more]

Friday broker round-up

Fri, 17 March 2017

(ShareCast News) - Prudential: JPMorgan upgrades to Neutral with a target price of 1705p. Centrica: HSBC downgrades to Reduce with a target price of 200p. Weir Group: Barclays upgrades to Overweight ... [more]

JP Morgan upgrades Prudential as key concerns recede

Fri, 17 March 2017

(ShareCast News) - JP Morgan Cazenove has upgraded Prudential to 'neutral' from 'underweight' and lifted the price target to 1,705p from 1,450p. The bank said its key concerns around the US and the UK... [more]

HSBC downgrades Centrica on political risk, concerns about new businesses

Fri, 17 March 2017

(ShareCast News) - HSBC has downgraded Centrica to 'reduce' due to political risk surrounding the energy company over calls for self-regulation and concerns over its new business ventures. The bank do... [more]

Broker tips: Merlin Entertainments, Hikma Pharma, Premier Oil, Kaz Minerals

Thu, 16 March 2017

(ShareCast News) - Shares in Merlin Entertainments are only worth 375p and should be sold, said Berenberg on Thursday, downgrading its rating on the Legoland and Madame Tussauds owner. With the stock ... [more]