Broker Tips
Canaccord ups price target on IQE
Canaccord Genuity has upped its price target on IQE, after the semiconductor specialist reported a surge in first-half revenues and forecast a return to profitability.
Broker tips: IQE, Johnson Matthey, Biffa
Canaccord Genuity has upped its price target on IQE after the semiconductor specialist reported a surge in first-half revenues and forecast a return to profitability.
BP likely to cut dividend after price revisions - Berenberg
Oil giant BP was likely to cut its dividend at second quarter results in August after lowering long term oil and gas price forecasts and writing off $17. 7bn in assets, broker Berenberg said on Monday.
JP Morgan stays 'underweight' on Hargreaves Lansdown, Ashmore
JP Morgan reiterated its 'underweight' rating on Hargreaves Lansdown and Ashmore shares as the broker increased earnings estimates for European asset managers.
Berenberg raises target price for Johnson Matthey, hails reduction in net debt
Analysts at Berenberg raised their target price on diversified chemicals group Johnson Matthey from 2,400. 0p to 2,700. 0p on Monday, but stated that it was "a bad day for good news".
Citigroup upgrades Biffa to 'neutral', says now in position to buy 'distressed' rivals
Analysts at Citi upgraded their recommendation for shares of Biffa from 'sell' to 'neutral' following the company's recent successful cash call.