Broker Tips
Broker tips: Associated British Foods, Ascential, BP
Shares in Associated British Foods were given a boost by an upgrade from Jefferies to a 'buy' recommendation on the back of continued strength in its sugar business and an expected upturn in margins from its Primark retail arm.
Keep it simple, Barclays tells investors in BP
'Keep it simple', analysts at Barclays advised investors in BP shares, highlighting how if the dividend was sustainable then the yield on offer was 7. 0% and pointing to a number of projects which were expected to start up in the backhalf of 2017.
AB Foods valuation 'attractive' on sugar and Primark upturn, Jefferies says
Shares in Associated British Foods were given a boost by an upgrade from Jefferies to a 'buy' recommendation on the back of continued strength in its sugar business and an expected upturn in margins from its Primark retail arm.
Goldman Sachs expects continued growth at Ascential; reiterates 'buy'
Goldman Sachs reiterated a Conviction List ‘buy’ rating on Ascential as it expects its growth to continue with acquisitions, disposals and new product launches.