Broker Tips
Broker tips: Diageo, Abcam, Petrofac
Analysts at RBC Capital Markets downgraded drinks maker Diageo from 'outperform' to 'sector perform' on Monday, stating it was no longer "appropriate" to assume the firm's margins would grow faster than other consumer staples companies'.
JP Morgan stays at 'neutral' on Petrofac despite cancellation of Dalma contract
Analysts at JP Morgan stuck to their 'neutral' recommendation for shares of Petrofac, despite news that the Abu Dhabi National Oil Corporation had cancelled the $1. 5bn Engineering, Procurement and Construction for the Dalma Gas Development Project.
RBC drops Diageo to 'sector perform', lowers target price
Analysts at RBC Capital Markets downgraded drinks maker Diageo from 'outperform' to 'sector perform' on Monday, stating it was no longer "appropriate" to assume the firm's margins would grow faster than other consumer staples companies'.
RBC ups rating on Abcam, despite revenue warning
RBC Capital Markets has upgraded its rating on Abcam to ‘outperform’, despite the life sciences specialist warning on revenues.
Monday broker round-up
Abcam: RBC Capital Markets upgrades to outperform with a target price of 1,300p.