Broker Tips
Broker tips: Carnival, Barclays, BP
Analysts at Berenberg lifted their earnings per share estimates for cruise line operator Carnival, citing a still "strong" booking environment for the cruise industry, adding that the current discount on the shares' valuation, versus that of the S&P 500, looked "harsh".
Shore Capital sees 'strategic rationale' in Spectris' US acquisition
Analysts at Shore Capital took a fresh look at instrumentation and controls supplier Spectris on Tuesday morning after the Surrey-based firm announced that intended to acquire Revolutionary Engineering for $19m on a cash/debt free basis.
JP Morgan recommends adding to positions in shares
JP Morgan strategists sounded a positive note on the outlook for equities on Tuesday, telling clients the risk-reward balance had not turned medium-term negative.
JP Morgan cuts RPC price target and sticks with 'overweight' rating
JP Morgan has reduced its price target for RPC Group after updating its model for the plastics products maker.
Barclays reiterates BP is its 'top-pick' in the sector ahead of Q1 results
Barclays reiterated its endorsement of BP's shares as its 'top-pick' in the sector, noting how the sector had only performed 'in-line' with the wider market since the beginning of 2018, even as analysts had bumped up their profit estimates by 10%.
JP Morgan hails Barclays's settlement with DoJ, keeps at 'overweight'
Analysts at JP Morgan stuck by their recommendation to 'overweight' on shares of Barclays after the lender announced that it had reached a settlement with the US Department of Justice.
Berenberg says discount on Carnival shares versus market is too harsh
Analysts at Berenberg lifted their earnings per share estimates for cruise line operator Carnival, citing a still "strong" booking environment for the cruise industry, adding that the current discount on the shares' valuation versus that of the S&P 500 looked "harsh".