Broker Tips
Credit Suisse forecasts 6% rise in global equities in 2018, amid second-half risks
Credit Suisse forecast the top flight index would reach the 7,800 point mark by the middle of 2018 and stay at that level through the end of that year against a favourable backdrop for corporate earnings worldwide.
Mitie's property management sale 'key step' for Jefferies upgrade
Outsourcing firm Mitie Group was trading higher at the start of the week after analysts at Jefferies made a double upgrade to its recommendation to ‘buy’.
Convatec 'oversold' since profit warning, Credit Suisse
The outlook for ConvaTec is not nearly so gloomy as the market is currently making out, said UBS as it upgraded its recommendation on the colosotomy bag and catheters specialist.
Time to lock-in some profits in cyclicals, JP Morgan says
Markets will continue to head higher overall but the time has come to 'lock-in' some profits in 'cyclicals', strategists at JP Morgan said.
RBC Capital downgrades IWG 'sector perform'
RBC Capital Markets downgraded flexible workspace provider IWG to ‘sector perform’ from ‘outperform’ and cut the price target to 220p from 370p after its profit warning last month.