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Broker tips: Mitie, Rolls-Royce
Shares in facilities management and professional services company Mitie were on the rise on Monday after Deutsche Bank lifted its target price for the stock following the group's better-than-expected annual results.
Monday newspaper round-up: Macron, THG, LSE Group
France’s president, Emmanuel Macron, has been accused of gambling with French democracy after announcing that he will dissolve parliament and call snap legislative elections in the wake of his allies’ crushing defeat to Marine Le Pen’s far-right National Rally (RN) in Sunday’s European parliament elections. - Guardian.
Broker tips: Segro, GSK
Barclays has upgraded its rating on industrial real estate group Segro by two notches from 'underweight' to 'overweight' as part of its review of the European warehouse sector.
Broker tips: Dr. Martens, Mobico, Auto Trader
Goldman Sachs downgraded Dr Martens to ‘sell’ from ‘neutral’ on Tuesday and cut the price target to 87p from 93p.
Broker tips: Redrow, St.James's Place
Berenberg has cut its rating for housebuilder Redrow from 'buy' to 'hold' following the company's announced merger with Barratt Developments.
Broker tips: Redrow, IAG, Vistry
RBC Capital Markets downgraded Redrow on Thursday to ‘sector perform’ from ‘outperform’ following a period of outperformance and the fact the share price is now linked to that of Barratt Developments.