Broker Tips
Broker tips: Morrison, Kingfisher, Ashtead, Admiral
Bank of America Merrill Lynch upgraded Morrison to ‘buy’ from ‘underperform’ and lifted the price target to 275p from 220p.
RBC Capital upgrades Admiral to 'sector perform'
RBC Capital Markets upped its stance on insurer Admiral to ‘sector perform’ from ‘underperform’ and bumped the price target up to 1,925p from 1,650p.
Liberum initiates Ashtead at 'buy'
Liberum initiated coverage of equipment rental company Ashtead at ‘buy’ with a 1,940p price target, saying the upside potential from increased rental penetration in the US market is yet to be fully reflected in the share price.
Thursday broker round-up
Morrisons: Bank of America upgrades to Buy with a target price of 275p.
Barclays initiates Kingfisher as 'underweight' on macro headwinds in UK, France
Analysts at Barclays initiated B&Q and Screwfix owner Kingfisher as ‘underweight’ as it expects macroeconomic headwinds in both Britain and France.
BofA Merrill Lynch double upgrades Morrison to 'buy'
Bank of America Merrill Lynch upgraded Morrison to ‘buy’ from ‘underperform’ and lifted the price target to 275p from 220p.