Broker Tips
Broker tips: Safestore, Rentokil, Crest Nicholson
Analysts at Berenberg downgraded their recommendation for shares of self-storage company Safestore from 'buy' to 'hold' on Friday, stating that the group's outperformance was likely to slow.
Friday broker round-up
Crest Nicholson: Jefferies downgrades to hold with a target price of 226. 0p.
Berenberg downgrades Safestore to 'hold'
Analysts at Berenberg downgraded their recommendation for shares of self-storage company Safestore from 'buy' to 'hold' on Friday, stating that the group's outperformance was likely to slow.
JPMorgan sees earnings upside, M&A optionality at Rentokil
JPMorgan Cazenove upgraded its recommendation on shares of Rentokil Initial to ‘overweight’ from ‘neutral’ on Friday and lifted the price target to 560p from 430p as it pointed to earnings upside and M&A optionality.
Jefferies cuts Crest Nicholson to 'hold' in upbeat sector note
Jefferies cut its rating on Crest Nicholson shares to 'hold' because of the company's higher-risk profile but the broker was upbeat on the wider sector's prospects.