Broker Tips
Broker tips: Schroders, IMI
Analysts at Berenberg believe Schroders is set for a period of lower assets under management, faster margin declines and a greater reliance on cost discipline to achieve profit targets, leading the broker to change its stance on the investment manager.
IMI represents 'interesting' buying opportunity, says Jefferies
After sitting on the sidelines and biding their time on IMI for a while, analysts at Jefferies felt that the stock now represented an "interesting" buying opportunity at its current valuation.
Schroders cannot rely on tailwinds any longer, warns Berenberg
Analysts at Berenberg believe Schroders is set for a period of lower assets under management, faster margin declines and a greater reliance on cost discipline to achieve profit targets, leading the broker to change its stance on the investment manager.