Broker Tips
Political and economic nervousness abounds, SocGen's Kit Juckes says
SocGen strategist Kit Juckes spied potential trading opportunities in the European single currency versus the US dollar and pound, amid renewed doubts about the US economy and lingering caution ahead of the French presidential elections.
Imagination Technologies has 'strong legal case', analysts say alternative is 'fatal'
With the very survival of Imagination Technologies in question due to Apple's plan to stop using its processor technology within two years, most analysts warned of the potentially fatal consequences but some highlighted that the British company's legal case is very strong.
Deutsche Bank sees bond yields falling more, upgrades Food&Beverage, Utilities
Strategists at Deutsche Bank reshuffled their recommendations for various sectors on expectations that economic growth and bond yields were set to fall, while the drop in the pound had already pushed some sector valuations too far in their opinion.
Broker tips: BP, Rotork, Mediclinic, housebuilders
Deutsche Bank has upgraded its stance on oil giant BP to 'buy' from 'hold' with an unchanged price target of 505p.
Macquarie downgrades Mediclinic to 'neutral'
Macquarie downgraded South African private hospital group Mediclinic International to 'neutral' from 'outperform' and reduced the price target to 770p from 860p.
Deutsche Bank upgrades BP after challenging six months
Deutsche Bank has upgraded its stance on oil giant BP to 'buy' from 'hold' with an unchanged price target of 505p.
Liberum highlights Bellway, MJ Gleeson, Redrow as top housebuilder picks
Analysts at Liberum have raised their forecasts for housebuilders, preferring growers rather than returners, but they remain cautious about the housing sector due to share price gains.
Rotork boosted by JP Morgan upgrade
Rotork rallied as JP Morgan Cazenove upgraded the stock to 'overweight' from 'neutral' and lifted the price target to 265p from 230p, saying the company was positioned to return to growth.