Broker Tips
Broker tips: RBS, Royal Dutch Shell
ShoreCap stuck to a 'hold' recommendation for shares of RBS following the lender's 'in-line' first quarter figures, pointing to the yet unresolved outcome of the US Department of Justice's investigation into alleged historical mis-selling of residential mortgage-backed securities in the States.
ShoreCap stays at 'hold' on RBS, awaiting DoJ decision on RMBS suit
ShoreCap stuck to a 'hold' recommendation for shares of RBS following the lender's 'in-line' first quarter figures, pointing to the yet unresolved outcome of the US Department of Justice's investigation into alleged historical mis-selling of residential mortgage-backed securities in the States.
Credit Suisse ups target on Shell, but says further deleveraging needed
Analysts at Credit Suisse revised their target price for oil major Royal Dutch Shell higher, citing recent changes to their macro forecasts, at the same time that they highlighted the existence of several key positives for the shares.