Broker Tips
Broker tips: Glencore, LSE, WPP
Glencore's "opportunistic" bid for Rio Tinto's Coal&Allied assets may pay-off, analysts at HSBC said.
Glencore acquistion of Coal&Allied should be value-accretive, HSBC says
Glencore's "opportunistic" bid for Rio Tinto's Coal&Allied assets may pay-off, analysts at HSBC said.
Credit Suisse hikes target price for LSE
Analysts at Credit Suisse boosted their target price on shares of the London Stock Exchange Group, reflecting the company's recent stock buyback and acquisitions.
Fed to hike rates but with dovish undertones, BofA says
The US central bank was set to hike its main policy rate for a second time on Wednesday, but overall the announcement would have dovish undertones, according to economists at Bank of America-Merrill Lynch.
Deutsche Bank cautious on European equities in near-term
Strategists at Deutsche Bank reaffirmed their year-end target for the pan-European Stoxx 600 index but cautioned clients that further weakness might lie ahead over the coming months, before a recovery took place in the final stretch of 2017.
UBS starts WPP at 'buy', says risk/reward skewed to upside
Advertising giant WPP got a boost on Tuesday as UBS initiated coverage of the stock at 'buy' with a 2,050p price target, saying the risk/reward balance is skewed to the upside.