Broker Tips
Credit Suisse confirms 'outperform' rating on IAG
Analysts at Credit Suisse took a look at British Airways parent company IAG on Tuesday, highlighting the potential headwinds the group might end up facing on its major routes as a result of the ownership requirements under the kind of 'Open Skies' agreement currently being negotiated by UK and US officials.
Broker tips: Ultra Electronics, Mondi, Just Eat
JP Morgan has downgraded Ultra Electronics to ‘neutral’, citing a reduced outlook for 2018 earnings and increased competition for providing sonobuoys to the US Navy.
JP Morgan downgrades Ultra Electronics to 'neutral'
JP Morgan has downgraded Ultra Electronics to ‘neutral’, citing a reduced outlook for 2018 earnings and increased competition for providing sonobuoys to the US Navy.
Analysts cautious on Just Eat in short term due to market reaction
Analysts remained fairly confident in backing Just Eat's shares but while results were ahead of consensus expectations, management guidance for 2018 profits was significantly below consensus.
Tuesday broker round-up
Mondi: Credit Suisse upgrades to outperform with a target price of 2,345p.
Mondi rallies on Smurfit read-across, Credit Suisse upgrade
Mondi, which announced a bumper special dividend last week, rose on Tuesday as news that Smurfit Kappa has rejected a takeover proposal from International Paper and an upgrade by Credit Suisse provided a boost.