Broker Tips
Broker tips: BTG, Lloyds, Tesco
Analysts at JP Morgan took a fresh look at British pharmaceutical company BTG on Friday, cutting their target price on the back of lower forecasts for sales of its Roxwood and Varithena products, but above all as a result of the anticipated lower contribution from PneumRX - its upcoming lung therapy - and due to foreign exchange headwinds.
Citi highlights preference for Halfords, Dixons Carphone as it reviews retailers
Retailers were among the big movers in London on Friday as Citi adjusted its ratings on several stocks as part of a broader note on European general retail.
JP Morgan drops target price on BTG after 'cautious' PneumRx outlook
Analysts at JP Morgan took a fresh look at British pharmaceutical company BTG on Friday, cutting their target price on the back of lower forecasts for sales of its Roxwood and Varithena products, but above all as a result of the anticipated lower contribution from PneumRX - its upcoming lung therapy - and due to foreign exchange headwinds.
Credit Suisse says Lloyds is best option among UK banks
Analysts at Credit Suisse said Lloyds continued to be their preferred lender in the UK, pushing their estimates for its earnings per share further past what the consensus was expecting in the process.
Berenberg bumps up Tesco, Morrisons ratings
Berenberg upped its stance on Tesco and Morrisons on Friday as it took a look at the UK food retail sector.