Broker Tips
Broker tips: Sky, WPP, Standard Life Aberdeen
Bernstein upgraded Standard Life Aberdeen to 'outperform' from 'market perform' following the selloff in the previous session and on the back of year-to-date weakness in the stock, but cut its price target to 430p from 460p.
Bernstein upgrades Standard Life Aberdeen, says selloff is 'overreaction'
Bernstein upgraded Standard Life Aberdeen to 'outperform' from 'market perform' following the selloff in the previous session and on the back of year-to-date weakness in the stock, but cut its price target to 430p from 460p.
Friday broker round-up
Sky plc: RBC downgrades to sector perform with a target price of 1,150p.
WPP hits six-month high on renewed TV ad optimism, Goldman tips ITV
WPP shares have rallied to a six-month high amid a recent improvement in the ad market, capped off by a bullish view given by analysts at Goldman Sachs and Numis on Friday.
Fox likely to sweeten terms of Sky offer, RBC thinks
Sky has effectively de-risked the threat of key sports broadcasting rights losses in the UK and Germany since the start of last year with renewals of both Premier League and Bundesliga rights, but analysts at RBC Capital Markets downgraded the stock on valuation ground.