Broker Tips
Broker tips: Draper Esprit, BAE Systems, The Restaurant Group
Analysts at Berenberg initiated coverage on software and IT services provider Draper Esprit at 'buy' on Monday, stating the company represented a "rare asset class at a rare valuation".
Citi says buy The Restaurant Group and 'take the medicine'
Citi kept its 'buy' rating on The Restaurant Group but cut its target share price by a quarter with uncertainty about consumer behaviour hanging over the restaurant sector.
Credit Suisse stays at 'overweight' for BAE Systems, says dividend intact
Analysts at Credit Suisse reiterated their 'overweight' stance on shares of BAE Systems, highlighting the continuing perception by countries that threat levels remain elevated and in anticipation that the dividend payout would be maintained, even if with a bit of a lag in the case of the latter.
Berenberg initiates coverage on Draper Esprit at 'buy'
Analysts at Berenberg initiated coverage on software and IT services provider Draper Esprit at 'buy' on Monday, stating the company represented a "rare asset class at a rare valuation".
Monday broker round-up
Balfour Beatty: Jefferies downgrades to hold with a target price of 260. 0p.
Jefferies downgrades Balfour Beatty on 'diminished upside'
Jefferies downgraded its stance on shares of construction group Balfour Beatty to ‘hold’ from ‘buy’, citing "diminished upside" with the shares now back at pre-Covid levels.