Broker Tips
Broker tips: City Pub Group, Ferguson, Vodafone
Analysts at Berenberg slashed their target price on City Pub Group from 220p to 95p on Friday but said the group's recent fundraiser had left the company with a substantial level of liquidity and a best-in-class balance sheet.
Berenberg slashes target on City Pub Group
Analysts at Berenberg slashed their target price on City Pub Group from 220. 0p to 95. 0p on Friday but said the group's recent fundraiser had left the company with a substantial level of liquidity and a best-in-class balance sheet.
Friday broker round-up
Ferguson: Credit Suisse upgrades to neutral with a target price of 6,181p.
Credit Suisse upgrades Ferguson, expects dividend restart
Credit Suisse upgraded its recommendation for shares of Ferguson and hiked its target price, pointing out the various positives in its equity story and arguing that even under its 'grey sky' scenario, the plumbing and heating products distributor's earnings were set to be more stable than in 2008-09.
Deutsche Bank stays at 'buy' on Vodafone despite 'not great' underperformance
Analysts at Deutsche Bank kept their recommendation for shares of Vodafone at 'buy', despite their underperformance versus the sector and the wider market year-to-date.
RBC Capital labels news on Gilead Science's Remdesivir 'promising on the surface'
Analysts at RBC Capital sounded a positive note on reports published overnight regarding the results of a phase III clinical trial at a Chicago hospital for Gilead Science's Remdesivir drug for treating Covid-19.