Broker Tips
Broker tips: BP, UDG, Spectris
Analysts at Citi lifted their target price on shares of BP by 6% to 510p, while reiterating their 'neutral' recommendation on the shares, highlighting the "soft signals" of a rise in the dividend emanating from the company.
JPMorgan upgrades Spectris to 'overweight', expects strong second half performance
A lacklustre share price performance in 2017 for precision instruments supplier Spectris, while partly driven by a lack of earnings growth relative to the sector, was mainly due to the sluggish organic growth seen from the firm early in the year.
Liberum upgrades UDG Healthcare to 'buy'
Expectations for UDG Healthcare’s earnings in 2018 and 2019 are too gloomy, Liberum said as the broker upgraded the provider of services to the healthcare industry to ‘buy’.
HSBC cuts Capita to 'hold', cites too many unknowns
HSBC downgraded outsourcer Capita to 'hold' from 'buy' and slashed the price target to 200p from 640p as a profit warning and rights issue warrant more caution.
Citi lifts BP target price, sees soft signals on dividend increase
Analysts at Citi lifted their target price on shares of BP by 6% to 510p, while reiterating their 'neutral' recommendation on the shares, highlighting the "soft signals" of a rise in the dividend emanating from the company.
Numis upgrades Redrow to 'buy', lifts profit estimates
Numis upped its stance on housebuilder Redrow to 'buy' from 'add' on Wednesday following the recent share price fall and as it digested the company's first-half numbers.