Broker Tips
Broker tips: Mothercare, Ophir Energy, Informa
Analysts at Canaccord cut their 2018 pre-tax profit forecast for Mothercare by 43% on Friday to £12. 0m, reassessing their estimate for losses from its UK business from £500,000 to £7. 8m.
Canaccord cuts Mothercare price target by more than half
Analysts at Canaccord cut their 2018 pre-tax profit forecast for Mothercare by 43% on Friday to £12. 0m, reassessing their estimate for losses from its UK business from £500,000 to £7. 8m.
Liberum downgrades UBM and upgrades Informa as 'best way to play events'
After Informa's recent impressive performance, Liberum said the stock was its preferred way to play the events sector, upgrading it to 'buy' from 'hold' and doing the reverse for rival UBM, where there are "questions" over why it has not performed better.
Shell set to benefit from long-term Asian demand for LNG, Barclays says
Barclays reiterated its 'overweight' stance and 2,850p target price on shares of Royal Dutch Shell, pointing to the solid outlook for Asian demand of liquified natural gas that the broker said should support long-run prices and provide better trade opportunities.
Credit Suisse upgrades Ophir Energy ahead of December update on Fortuna financing
Credit Suisse believes the market has become too pessimistic on Ophir Energy's ability to reach a financing deal with its potential Chinese investors in order to progress on Fortuna.