Broker Tips
Broker tips: TalkTalk, Ultra Electronics, Halma, GKN
TalkTalk fell on Friday as RBC Capital Markets cut the stock to ‘sector perform’ from ‘outperform’ and reduced the price target to 125p from 140p.
Berenberg initiates coverage on Halma with a 'buy'
Analysts at Berenberg initiated coverage on manufacturer Halma on Friday, calling it one of the "highest-quality companies in the UK industrials sector" and placing a 'buy' rating on the firm's shares straight off the bat.
Goldman adds Melrose to Conviction List, says it's fundamentally undervalued
Melrose Industries, which recently won its battle to take over engineer GKN, got a boost on Friday as Goldman Sachs added the buy-rated stock to its Conviction List.
Berenberg upgrades Ultra Electronics, says downside now limited
Berenberg upped Ultra Electronics to ‘hold’ from ‘sell’ on Friday, lifting the price target to 1,440p from 1,300p.
Friday broker round-up
TalkTalk: RBC downgrades to sector perform with a target price of 125p.
TalkTalk drops on RBC Capital downgrade
TalkTalk fell on Friday as RBC Capital Markets cut the stock to ‘sector perform’ from ‘outperform’ and reduced the price target to 125p from 140p.