Broker Tips
Broker tips: ITV, Elementis, Merlin Entertainments
ITV's results did not offer many positives for Barclays, which downgraded the shares and cut its target price. Barclays, which moved to an 'equal weight' rating and lowered its price target to 180p from 200p, said results for 2017 were "only in line, unlike previous years" and with the end of its previous special dividend as management want to keep some headroom for M&A.
Merlin Entertainments 'buy' rating reiterated at Citi and Deutsche Bank
Analysts at Citi and Deutsche Bank both took a look at theme park operator Merlin Entertainments, with both firms reiterating their 'buy' rating and target price of around 500p.
Thursday broker round-up
ITV: Barclays downgrades to equal weight with a target price of 180p.
ITV shares cheap but 'no momentum' worries Barclays
ITV's results did not offer many positives for Barclays, which downgraded the shares and cut its target price.
Elementis's legacy personal care margins prompt Jefferies upgrade
Elementis’s "legacy" personal care business has more growth potential than was previously apparent, Jefferies said as the broker upgraded the chemicals maker to ‘buy’.