Broker Tips
Monday broker round-up
Diageo plc: RBC Capital Markets downgrades to sector perform with a target price of 2,400p.
Broker tips: Shire, Ocado, Diageo
Shire's valuation makes no sense and investors should buy shares in the UK pharmaceuticals company, according to analysts at Societe Generale.
Shire's valuation is irrational, SocGen analysts say
Shire's valuation makes no sense and investors should buy shares in the UK pharmaceuticals company, according to analysts at Societe Generale.
Ocado will win more overseas business with 'compelling' offer - Credit Suisse
Ocado's target price was yanked higher by Credit Suisse on Monday as the online grocery specialist was seen winning further overseas deals based on its new "compelling" contract structure.
Smurfit Kappa gets a boost as Numis bumps up price target
Numis upped its price target on paper and packaging company Smurfit Kappa to 2,800p from 2,600p as its sum-of-the parts valuation approach is now based on 2018 forecasts.
RBC Capital 'reluctantly' downgrades Diageo
Diageo traded lower on Monday after RBC Capital Markets "reluctantly" downgraded the stock to 'sector perform' from 'outperform' as it cut the price target to 2,400p from 2,600p.