Broker Tips
JP Morgan sees Barclays's shares closing valuation discount
Analysts at JP Morgan Cazenove reiterated their 'overweight' stance and 250p target price for shares of Barclays following activist shareholder Sherbourne's disclosure of a 5. 2% stake in the outfit and a meeting with its finance chief, Tushar Morzaria.
Broker tips: Micro Focus, Hammerson, Barclays, Tesco
Keep the faith! was the message from Barclays for investors in Micro Focus following the prior day's faith-shattering near halving in the company's share price.
Fund managers' pessimism on UK at record high, BofA-Merrill says
Fund managers were still 'long' on equities, despite rising worries over trade and stagflation, thanks to optimism on the outlook for earnings and interest rates, the results of a widely-followed poll showed.
JPM adds Tesco to its European 'best ideas' list
JP Morgan has added Tesco to its list of 'overweight' best European equity ideas while removing Just Eat and Persimmon from the rankings.
Tuesday broker round-up
Micro Focus: JP Morgan downgrades to underweight with a target price of 900p.
Barclays tells investors in Micro Focus not to get carried away
Keep the faith! was the message from Barclays for investors in Micro Focus following the prior day's faith-shattering near halving in the company's share price.
Credit Suisse revises year-end 2018 target for MSCI AC World higher
Credit Suisse's equity strategy team led by Andrew Garthwaite has marked-up its year-end 2018 target for the MSCI AC World index from 614 points to 628 points, despite the current "extreme" equity valuations on offer on an absolute basis.
Credit Suisse ups Hammerson target, says Klepierre deal more likely than Intu
Credit Suisse has upped its price target on neutral-rated Hammerson a day after it emerged that it recently rejected a £5bn bid from French shopping centre operator Klepierre, a scenario it deems to be more likely to go ahead than the planned acquisition of Intu Properties announced in December.