Broker Tips
Numis Securities sees no impact on Workspace from WeWork expansion
Numis Securities said on Friday that after the release of real estate investment trust Workspace's first-half results its future seemed to be far from "plain-sailing" despite the group having been "seemingly unphased" by the activity of competitor WeWork.
UBS cuts Burberry to 'neutral', says risk/reward now balanced
Luxury fashion house Burberry was under the cosh again on Friday as UBS downgraded its stance on the stock to ‘neutral’ from ‘buy’ and cut the price target to 1,800p from 2,110p following the company’s update a day earlier as it now sees a balanced risk/reward.
Friday broker round-up
Ultra Electronics: Berenberg downgrades to Sell with a target price of 1550p.
Berenberg downgrades Ultra Electronics to 'sell'
Berenberg downgraded Ultra Electronics to ‘sell’ from ‘hold’ and cut the price target to 1,550p from 2,250p.