Broker Tips
02 Oct
JP Morgan cuts estimates for Ryanair as pilots form union to strengthen position
On Monday, JP Morgan Cazenove said that as a result of Ryanair's decision to cancel more than 50 flights per day on 17 September the investment bank had cut the low-cost carrier's net income estimates for fiscal years 2018 and 2019 by 5%.
02 Oct
Aggreko slumps as Berenberg downgrades to 'sell'
Temporary power provider Aggreko was under the cosh on Monday after Berenberg downgraded the stock to 'sell' from 'hold' and cut the price target to 770p from 800p saying the latest re-rating was unjustified.