Broker Tips
Broker tips: UBM, Premier Oil, Britvic
Berenberg upgraded business-to-business event organiser UBM from 'sell' to 'hold' on Thursday and upped its target price from 675p to 930p as risks to the fashion industry, the firm's largest sector, seemed "less relevant now".
Weir shares seen at major discount to sector, says Liberum
Analysts at Liberum initiated coverage on engineer Weir Group on Thursday with a 'buy' rating as the performance of its European peers suggested that margins could grow quicker than expected.
Morgan Stanley upgrades Britvic rating despite looming sugar tax
Analysts at Morgan Stanley upgraded their recommendation for shares of Britvic on Thursday from ‘hold’ to ‘buy’, explaining that the shares' current level provided an "attractive" entry point, given the outlook for several of the company's main financial metrics over the medium-term, including a projected quadrupling of its free cash flows.
Berenberg upgrades UBM, says Informa paying near industry-record multiple
Berenberg upgraded business-to-business event organiser UBM from 'sell' to 'hold' on Thursday and upped its target price from 675p to 930p as risks to the fashion industry, the firm's largest sector, seemed "less relevant now".
RBC Capital upgrades Premier Oil after recent share price weakness
Premier Oil gushed higher on Thursday as RBC Capital Markets upped its stance on the stock to ‘outperform’ from ‘sector perform’ following recent weakness and the company's full-year results, keeping the price target at 100p.
Thursday broker round-up
Britvic: Morgan Stanley upgrades to overweight with a target price of 870p.