Broker Tips
Broker tips: Genel Energy, Reckitt Benckiser, Burberry Group
Analysts at Canaccord Genuity downgraded their recommendation on shares of Genel Energy following the recent string of top level management exiting the firm, especially those announced the day before.
AO World shares plunge after warning on UK slowdown
Shares in online electrical retailer AO World plunged 6. 69% on Tuesday after the company warned of a significant slowdown in UK first quarter growth due to Brexit concerns, a weak pound and a slowdown in the UK housing market.
Citi reiterates buy for Reckitt Benckiser, hails unique asset mix
Citi reiterated its 'buy' recommendation and target price on shares of Reckitt Benckiser, telling clients it saw potential for double digit earnings per share growth over 2018 to 2020.
HSBC downgrades Burberry, laments lack of topline growth
Analysts at HSBC downgraded their recommendation on shares of Burberry Group from 'hold' to 'reduce', telling clients the company would continue to underperform its peers for longer than the market was expecting.
Canaccord downgrades Genel Energy, cautious after founder announces exit
Analysts at Canaccord Genuity downgraded their recommendation on shares of Genel Energy following the recent string of top level management exiting the firm, especially those announced the day before.
