Broker Tips
Broker tips: BHP Billiton, Rank Group, Just Eat
Analysts at Citi upgraded BHP Billiton to 'buy' from 'neutral' on Thursday in view of upside risks to what the mining and metals giant could realise in the divestment of its US shale assets.
Credit Suisse prefers UK energy names, starts Global Energy at 'overweight'
Credit Suisse has started coverage of the Global Energy sector at 'overweight', arguing that forward prices are set to rise and pointing to cheap valuations as the main arguments in favour of their view.
Citi upgrades BHP on potential upside risks to shale sales
Analysts at Citi upgraded BHP Billiton to 'buy' from 'neutral' on Thursday in view of upside risks to what the mining and metals giant could realise in the divestment of its US shale assets.
ShoreCap downgrades Rank to 'hold' after profit warning
Shore Capital downgraded Rank Group to 'hold' from 'buy' on Thursday after the casino operator warned that full-year operating profit would come in between £76m and £78m, down from £83. 5m the year before and below consensus expectations of around £83m.
JPMorgan downgrades Just Eat to 'underweight', slashes price target
JPMorgan Cazenove downgraded Just Eat to 'underweight' from 'overweight' on Thursday and slashed the price target to 656p from 976p.
Thursday broker round-up
JustEat: JP Morgan downgrades to underweight with a target price of 656p.