Broker Tips
Broker tips: John Wood, Fevertree, Avast
Analysts at Berenberg raised their target on oil field services group John Wood from 230p to 300p on Monday, stating the company had managed to protect margins throughout the coronavirus-fuelled downturn.
Goldman Sachs initiates coverage of Avast at 'buy'
Goldman Sachs has initiated coverage of cybersecurity specialist Avast with a ‘buy’ recommendation, helping push the stock higher during Monday trading.
Monday broker round-up
Ashmore Group: Berenberg downgrades to sell with a target price of 331p.
BofA stays at 'underperform' on Asos, cites long-term margin concerns
Analysts at Bank of America hiked their target price for shares of Asos, judging that consensus was overlooking the "strong" short-term outlook for the online retailer's sales.
Berenberg raises target price on John Wood
Analysts at Berenberg raised their target on oil field services group John Wood from 230p to 300p on Monday, stating the company had managed to protect margins throughout the coronavirus-fuelled downturn.
RBC Capital upgrades Fevertree as confidence in US ‘restored’
RBC Capital Markets upgraded its rating on shares of posh tonics maker Fevertree to ‘outperform’ from ‘sector perform’ and hiked the price target to 2,500p from 1,100p as it said its confidence in the US is "restored” and the company’s Covid-19 momentum looks sustainable.