Broker Tips
Canaccord Genuity reiterates 'buy' rating on Sumo Group
Analysts at Canaccord Genuity reiterated their 'buy' rating on video games developer Sumo Group on Tuesday but noted that while demand had strengthened as a result of the Covid-19 pandemic, the outbreak had impacted recruitment.
Broker tips: Croda, JD Wetherspoon, Sumo Group
Croda appears on track to pay its 2019 dividend despite the Covid-19 crisis, Liberum said as the broker raised its recommendation on the company's shares to 'buy' and increased its target price.
Citi stays at 'buy' on Meggitt, says market too downbeat on long-term prospects
Analysts at Citi reiterated their 'buy' recommendation for shares of aerospace and defence subsystems manufacturer Meggitt, telling clients that markets were too downbeat on long-term growth in the sector and the company's competitive position.
Tuesday broker round-up
Wetherspoons: Jefferies upgrades to buy with a target price of 1,150p.
BofA hikes target for gold 18 months ahead by half
Strategists at Bank of America hiked their target for gold prices in 18 months' time by half in anticipation of central banks and governments doubling the size of their balance sheets and fiscal deficits, respectively.
Croda dividend appears safe, Liberum says
Croda appears on track to pay its 2019 dividend despite the Covid-19 crisis, Liberum said as the broker raised its recommendation on the company's shares to 'buy' and increased its target price.
Jefferies upgrades Wetherspoons, keeps Marston's at 'underperform'
Jefferies upgraded JD Wetherspoon to ‘buy’ from ‘hold’ on Tuesday as it took a look at the UK pub and restaurant sector.