Broker Tips
Broker tips: Morrisons, Sainsbury's, Oxford BioMedica, Royal Mail, IAG
Berenberg double-downgraded its stance on Sainsbury’s to ‘sell’ from ‘buy’ on Tuesday but lifted Morrisons to ‘buy’ from ‘hold’ as it took a look at the food retail sector.
Deutsche Bank names IAG as short-term 'buy' in anticipation of recovery
Analysts at Deutsche Bank touted shares of International Airlines Group as a short-term buy idea after their valuation fell below their long-term average and in anticipation of a recovery in earnings coming out of the Covid-19 induced recession.
Berenberg upgrades Morrisons, double-downgrades Sainsbury’s
Berenberg double-downgraded its stance on Sainsbury’s to ‘sell’ from ‘buy’ on Tuesday but lifted Morrisons to ‘buy’ from ‘hold’ as it took a look at the food retail sector.
Liberum hikes target price on Oxford Biomedica
Analysts at Liberum hiked their target price on gene and cell therapy company Oxford BioMedica from £8. 60 per share to £10. 90 on Tuesday, citing demand at its new OxBox manufacturing facility.
Citi ups Royal Mail to 'buy' on Covid-19 parcels surge
Citi upgraded Royal Mail to 'buy' from 'sell' after parcel volumes increased during the Covid-19 lockdown and the company's shares fell further than its peers.