Broker Tips
Deutsche Bank downgrades European banks, upgrades energy
Deutsche Bank downgraded its stance on European banks on Tuesday in its latest equity strategy note, as it upgraded the energy sector.
Broker tips: Ferrexpo, Acacia Mining, OneSavings Bank
Analysts at HSBC initiated coverage of Ferrexpo with a recommendation to 'buy' and a 210. 0p target price.
HSBC initiates Ferrexpo at a buy
Analysts at HSBC initiated coverage of Ferrexpo with a recommendation to 'buy' and a 210. 0p target price.
Acacia Mining now a 'binary investment', figures Investec
With shares in Acacia Mining down by more than a third since Tanzania's accusation that the company is grossly underreporting the value of its gold exports, Investec said the company was more of a "binary investment" as it "may not be dealing with a rational administration".
JP Morgan upgrades UK stocks because of their defensive qualities
Strategists at JP Morgan upgraded their recommendation on UK stocks, touting the 'defensive' qualities of British shares, expectations for better performance from commodity sectors, limited upside for sterling and record cheap valuations on some metrics.
Investec upgrades OneSavings Bank to 'buy'
Investec upgraded OneSavings Bank to 'buy' from 'hold', keeping the price target at 455p.