Broker Tips
Broker tips: Victrex, Virgin Money, AG Barr, Accesso
Analysts at Credit Suisse retained their 'buy' recommendation for shares of Victrex on Wednesday, telling clients that it estimates the plastics manufacturers' technology pipeline could deliver high single-digit top-line growth to 2025 and forecast a 5% FCF and total dividend yield.
Berenberg starts Accesso at a 'buy', sets 2,700p target
Analysts at Berenberg initiated coverage on leisure industry group Accesso Technology with a 'buy' rating on Wednesday, citing several factors that they believed would lead to "double-digit organic revenue growth" over the coming years as their reasoning.
Credit Suisse raises target price and reiterates 'buy' on Victrex
Analysts at Credit Suisse retained their 'buy' recommendation for shares of Victrex on Wednesday, telling clients that it estimates the plastics manufacturers' technology pipeline could deliver high single-digit top-line growth to 2025 and forecast a 5% FCF and total dividend yield.
AG Barr fizzes lower on JPMorgan downgrade to 'underweight'
AG Barr shares fizzed lower on Wednesday as JPMorgan Cazenove cut its stance on the Irn Bru maker to 'underweight' from 'neutral' and chopped the price target to 570p from 630p amid concerns about growing competition.
Wednesday broker round-up
Virgin Money Holdings: RBC Capital Markets downgrades to underperform with a target price of 250p.
Virgin Money hit by RBC Capital downgrade, CYBG boosted by upgrade
Virgin Money took a hit on Wednesday as RBC Capital Markets downgraded the challenger bank to 'underperform' from 'outperform', slashing the price target to 250p from 350p as it took a look at UK banks.