Broker Tips
Broker tips: Softcat, Ferguson, Ocado
Credit Suisse downgraded its stance on IT infrastructure products and services provider Softcat on Wednesday on valuation grounds, saying the shares were "up with positive events".
Polypipe investor interest 'to remain elevated' - Deutsche Bank
Deutsche Bank reiterated its 'buy' rating on plumbing and drainage systems manufacturer Polypipe on Wednesday, saying the firm looked set to extend its track record of reliable delivery.
Credit Suisse downgrades Softcat on valuation but says interims 'very strong'
Credit Suisse downgraded its stance on IT infrastructure products and services provider Softcat on Wednesday on valuation grounds, as it said the shares were "up with positive events".
Barclays marks up target for LSE, buys into management's target for margins
Analyst consensus for the London Stock Exchange was too cautious, Barclays said.
CS cuts Ferguson target on FX, reiterates 'outperform' on solid fundamentals
Credit Suisse cut its price target on plumbing and heating supplier Ferguson, formerly Wolseley, but kept its 'outperform' rating on the stock.
Wednesday broker round-up
Ocado Group: Goldman Sachs downgrades to neutral with a target price of 540p.
Goldman Sachs downgrades Ocado to 'neutral' after outperformance
Goldman Sachs downgraded its stance on Ocado to 'neutral' and removed the stock from its Conviction List following "material" outperformance.