Broker Tips
Broker tips: Vitec Group, IWG, Electrocomponents
Analysts at Berenberg raised their target price on camera supplies manufacturer Vitec Group from 570. 0p to 630. 0p on Thursday but noted that the firm's recovery profile remained "mixed".
Berenberg raises target price for Vitec shares
Analysts at Berenberg raised their target price on camera supplies manufacturer Vitec Group from 570. 0p to 630. 0p on Thursday but noted that the firm's recovery profile remained "mixed".
Thursday broker round-up
IWG: RBC Capital Markets downgrades to sector performer with a target price of 325p.
RBC Capital downgrades IWG on valuation
RBC Capital Markets downgraded its stance on stock of office space provider IWG on Thursday to ‘sector perform’ from ‘outperform’ following recent share price strength.
JPMorgan downgrades Electrocomponents after strong run
JPMorgan Cazenove downgraded its rating on shares of Electrocomponents to ‘neutral’ from ‘overweight’ on Thursday and cut the price target to 746p from 811p, mainly on valuation grounds following a strong recent share price performance.