Broker Tips
Thursday broker round-up
Next plc: RBC Capital Markets upgrades to outperform with a target price of 5,500p.
Broker tips: Next, Smith and Nephew, Sage
Retailer Next got a boost on Thursday as RBC Capital Markets upped its stance on the stock to ’outperform’ from ‘sector perform’ and hiked the price target to 5,500p from 4,800p.
Sage faces a growth challenge in face of competition - Deutsche
Sage will find it challenging to meet its full year targets, reckon analysts at Deutsche Bank, after a weak first quarter and growing competition from the likes of Quickbooks and Xero.
JPM Cazenove upgrades Smith & Nephew on forex, tax gains
Analysts at JPMorgan Cazenove update forecasts for Smith and Nephew (S&N) on Thursday leading to an upgrade for the medical technology group's rating to 'overweight'.
Next gets a boost as RBC upgrades to 'outperform'
Retailer Next got a boost on Thursday as RBC Capital Markets upped its stance on the stock to ’outperform’ from ‘sector perform’ and hiked the price target to 5,500p from 4,800p.