Login/Register

Broker Tips News

Broker tips

Tuesday broker round-up

Tuesday broker round-up

Tue, 25 July 2017

(ShareCast News) - Vodafone: HSBC maintains Hold with a target price of 225p. Reckitt Benckiser: Goldman Sachs reiterates Neutral with a target price of 8130p. B&M: Goldman Sachs reiterates Buy with ... [more]

Rumours of Asda takeover of B&M European have 'little logic'

Rumours of Asda takeover of B&M European have 'little logic'

Mon, 24 July 2017

(ShareCast News) - On the back of rumours suggesting discount retailer B&M European Value was a takeover target for Asda, analysts at Investec poured scorn on there being much logic in such a deal but... [more]

RBC Capital double upgrades Drax to 'outperform'

RBC Capital double upgrades Drax to 'outperform'

Mon, 24 July 2017

(ShareCast News) - RBC Capital Markets upgraded Drax to 'outperform' from 'underperform' and lifted the price target to 400p from 340p. The bank, which has been negative on Drax since the start of the... [more]

Goldman ups Sports Direct to 'neutral'

Goldman ups Sports Direct to 'neutral'

Mon, 24 July 2017

(ShareCast News) - Goldman Sachs upgraded Sports Direct International to 'neutral' as it removed the stock from its Sell list and lifted the price target to 350p from 260p, saying a stable FY18 pre-ta... [more]

Monday broker round-up

Monday broker round-up

Mon, 24 July 2017

(ShareCast News) - Sports Direct: Goldman Sachs upgrades to Neutral with a target price of 350p. NCC Group: Berenberg downgrades to Sell with a target price of 155p. Ophir Energy: Jefferies upgrades ... [more]

Broker tips: Paddy Power Betfair, Equiniti

Fri, 21 July 2017

(ShareCast News) - Paddy Power Betfair lost ground on Friday as Investec downgraded its stance on the stock to 'sell' from 'buy' and cut the price target to 6,970p from 10,000p on the back of lower fo... [more]

Goldman Sachs raises Equiniti target on US expansion

Fri, 21 July 2017

(ShareCast News) - Analysts at Citi bumped up their target price for shares of Equiniti, hailing its acquisition of Wells Fargo Share Registration & Services. That, the broker said, would see the firm... [more]

Citi gives Microsoft a $74 price target

Fri, 21 July 2017

(ShareCast News) - After a callback from Microsoft, Citi has slapped a 'neutral' rating on the tech stock and a target price of $74, slightly below its current price as it does not expect a significan... [more]

Investec downgrades Paddy Power on worsening regulatory outlook

Fri, 21 July 2017

(ShareCast News) - Paddy Power Betfair lost ground on Friday as Investec downgraded its stance on the stock to 'sell' from 'buy' and cut the price target to 6,970p from 10,000p on the back of lower fo... [more]

Friday broker round-up

Fri, 21 July 2017

(ShareCast News) - Paddy Power: Investec downgrades to Sell with a target price of 6970p. SSP: Goldman Sachs initiates on Neutral with a target price of 512p. Sage Group: Goldman Sachs reiterates Buy... [more]

Spirent's refocus and new CFO leads to Jefferies upgrade

Thu, 20 July 2017

(ShareCast News) - Spirent Communications was upgraded to 'buy' from 'hold' by Jefferies on Thursday as the testing company has "refocused" the business on markets that could drive stronger growth. Je... [more]

Thursday broker round-up

Thu, 20 July 2017

(ShareCast News) - BHP Billiton: Citigroup downgrades to Neutral with a target price of 1350p. Spirent Communications: Jefferies upgrades to Buy with a target price of 145p. Hastings Group: JPMorgan ... [more]

Barclays downgrades Schroders, bumps up Ashmore

Thu, 20 July 2017

(ShareCast News) - Barclays downgraded Schroders and upgraded Ashmore on Thursday as it took a look at European asset managers. The bank downgraded Schroders to 'underweight' from 'equalweight' and cu... [more]

Broker tips: Hunting, Royal Mail, AA

Wed, 19 July 2017

(ShareCast News) - Analysts at Morgan Stanley downgraded their recommendation on shares of Hunting and cut their target price, telling clients consensus was too upbeat about the prospects for activity... [more]

Royal Mail will deliver, Investec says, but more slowly than expected

Wed, 19 July 2017

(ShareCast News) - Investec cut its target price on shares of Royal Mail, telling clients it was "very positive" on the long-term potential for efficiencies but less so on the outlook for the company'... [more]

Morgan Stanley downgrades Hunting, sees flat US rig count

Wed, 19 July 2017

(ShareCast News) - Analysts at Morgan Stanley downgraded their recommendation on shares of Hunting and cut their target price, telling clients consensus was too upbeat about the prospects for activity... [more]

Wednesday broker round-up

Wed, 19 July 2017

(ShareCast News) - Hunting: Morgan Stanley downgrades to Underweight with a target price of 440p. Weir Group: Morgan Stanley downgrades to Equal Weight with a target price of 1940p. Drax: Citigroup d... [more]

AA surges as Barclays initiates coverage at 'overweight'

Wed, 19 July 2017

(ShareCast News) - Shares in roadside assistance group AA surged on Wednesday as Barclays initiated coverage of the stock at 'overweight' with a 280p price target. Barclays said that three years into ... [more]

AO World a 'sell' ahead of results, ShoreCap says

Tue, 18 July 2017

(ShareCast News) - White goods retailer AO World remained a 'sell' for broker Shore Capital on Tuesday ahead of first-quarter results later in the week, amid wider concerns about big-ticket discretion... [more]

Goldman Sachs initiates Kaz Minerals at 'buy'

Tue, 18 July 2017

(ShareCast News) - Goldman Sachs initiated coverage of Kaz Minerals at 'buy' with a 700p price target saying it expects output growth and deleveraging ahead. The bank sees strong volume growth - the h... [more]

Tuesday broker round-up

Tue, 18 July 2017

(ShareCast News) - Beazley: Credit Suisse initiates at Buy with a target price of 565p. Hiscox: Credit Suisse downgrades to Neutral with a target price of 1305p. MJ Gleeson: Berenberg reiterates Outp... [more]

Credit Suisse takes a look at Lloyd's of London insurers

Tue, 18 July 2017

(ShareCast News) - Credit Suisse initiated coverage of Beazley and Lancashire on Tuesday, and downgraded Hiscox, as it took a look at the Lloyd's of London insurers. The bank started coverage of Beazl... [more]

Investec upgrades Dairy Crest after weak share price performance

Tue, 18 July 2017

(ShareCast News) - Investec upgraded Dairy Crest to 'buy' from 'hold' but cut the price target to 600p from 625p as the forecast total return moves back to double digits after a weaker share price per... [more]

WPP 'over-exposed' to consumer staples ad spend, Deutsche downgrades

Mon, 17 July 2017

(ShareCast News) - Advertising giant WPP is likely to see its earnings growth model squeezed due to its high exposure to spending from consumer staples companies, argued Deutsche Bank as it downgraded... [more]

Mitie boosted by double upgrade at Investec

Mon, 17 July 2017

(ShareCast News) - Mitie got a boost on Monday as Investec upped the stock to 'buy' from 'sell' and lifted the target price to 330p from 212p. The brokerage said the market has yet to appreciate the f... [more]