Broker Tips
Broker tips: AA, Whitbread, Animalcare
The risk/reward for roadside assistance and breakdown cover provider and insurer AA is now balanced, according to Credit Suisse, which upped its rating on the stock to 'neutral' from 'underperform' and hiked the price target to 130p from 80p.
Credit Suisse ups Hammerson target price after Intu takeover aborted
Analysts at Credit Suisse increased their target price in shares of shopping centre owner Hammerson to 545p from 500p after the company withdrew its offer to purchase Intu Properties on Wednesday.
Morgan Stanley sees stocks topping-out in 2018
Stocks around the world will probably top-out this year, and sooner than most observers think, Morgan Stanley said.
Credit Suisse ups AA to 'neutral', says risk/reward balanced
The risk/reward for roadside assistance and breakdown cover provider and insurer AA is now balanced, according to Credit Suisse, which upped its rating on the stock to 'neutral' from 'underperform' and hiked the price target to 130p from 80p.
HSBC downgrades 'past its peak' Whitbread
HSBC analysts have downgraded Whitbread to ‘hold’, arguing the company’s businesses are past their peak and have lost trading momentum.
Animalcare in line for double-digit growth ahead, says Panmure Gordon
Animalcare is facing competitive pressures across its current sales mix, but while analysts at Panmure Gordon made some slight revisions to revenue and margin projections, they see strong growth ahead.
Wednesday broker round-up
South32: Deutsche Bank upgrades to hold with a target price of 185p.