Broker Tips
Broker tips: HSBC, Hammerson, Debenhams
After shares in HSBC endured a 12% year-to-date underperformance compared to UK domestic banking peers, analysts at Credit Suisse upped their rating and price target on the stock.
Canaccord less negative than RBC on Debenhams
Analysts at Canaccord Genuity stood by their 'hold' recommendation for Debenhams on Thursday, despite the multiple 'red flags' for the company as a result of its high operational, financial and seasonal gearing.
Credit Suisse upgrades HSBC as expansion drives growth
After shares in HSBC endured a 12% year-to-date underperformance compared to UK domestic banking peers, analysts at Credit Suisse upped their rating and price target.
Analysts seek out UK retail bargains as consumer outlook brightens
It might seem counter-intuitive on the same day that more dismal official retail figures and disastrous numbers from Debenhams coincided, but plenty of contrarian thinkers have already started looking to the retail sector for investment opportunities.
Hammerson board on borrowed time, Jefferies analysts say
Hammerson’s board is likely to be ousted after turning down a bid approach and scrapping their own takeover of Intu, Jefferies analysts said on Thursday as they upgraded the FTSE 100 shopping centre operator to ‘hold’.