Broker Tips
Broker tips: TalkTalk, Superdry, Inchcape
Barclays initiated coverage on automotive dealer Inchcape on Thursday, issuing the London-based firm with an 'underweight' rating and a target price almost 20p lower than its current trading amount.
TalkTalk concerns overdone, RBC upgrades
RBC Capital Markets upgraded its rating on telecom group TalkTalk to 'outperform' on Thursday, saying that while not without issues, they believed concerns over the firm's balance sheet seemed to be overdone.
Capita 'too opaque' for recovery bet, say Jefferies, Deutsche
Capita could be an "interesting recovery story" but the shares were downgraded by Jefferies as the business is "too opaque" for analysts to produce proper forecasts, while Deutsche Bank said the size of the rights issue and disposal process both looked "too small".
Barclays initiates coverage on Inchcape with 'underweight' rating
Barclays initiated coverage on automotive dealer Inchcape on Thursday, issuing the London-based firm with an 'underweight' rating and a target price almost 20p lower than its current trading amount.
JPMorgan starts Superdry at 'overweight', likes global appeal
JPMorgan Cazenove initiated coverage of fashion brand Superdry on Thursday at ‘overweight’ with a 2,170p price target, highlighting its global appeal.
Thursday broker round-up
Capita plc: Jefferies downgrades to hold with a target price of 200p.