Broker Tips
Broker tips: TUI, Petropavlovsk
Analysts at Morgan Stanley downgraded their recommendation and target price for shares of TUI on Tuesday, telling clients that they expected the travel operator's guidance for 2020 to be "wide" and below consensus.
Tuesday broker round up
Sabre Insurance Group: Peel Hunt downgrades to add with a target price of 295p.
Morgan Stanley downgrades TUI and slashes target, sees growing risks to dividend
Analysts at Morgan Stanley downgraded their recommendation and target price for shares of TUI AG on Tuesday, telling clients that they expected the travel operator's guidance for the 2020 financial year to be "wide" and below consensus, due to costs related with Boeing's 737 MAX and uncertainty around demand more generally.
Canaccord raises target for Petropavlovsk after revising gold price deck higher
Cannacord Genuity raised its target price for shares of Petropavlovsk to reflect higher assumptions for the company's received price of gold in 2019-22.