Broker Tips
Credit Suisse starts SSP at 'underperform', says consensus too optimistic on recovery
Credit Suisse started coverage of food concessions group SSP at 'underperform' with a 220. 0p target price, telling clients that the multiple headwinds from the Covid-19 pandemic were set to be stronger and be longer-lasting than what analysts were anticipating.
Broker tips: Ashtead, DX group
Analysts at Berenberg lowered their target price on equipment rental company Ashtead from 2,000p to 1,750p on Wednesday, stating the group's recent share price performance had defied "softness" in lead indicators.
Liberum hikes target price on DX
Analysts at Liberum hiked their target price on British logistics outfit DX from 14. 0p to 30. 0p on Wednesday, stating the group had executed "a remarkable turnaround".
Berenberg lowers target price on Ashtead
Analysts at Berenberg lowered their target price on equipment rental company Ashtead from 2,000. 0p to 1,750. 0p on Wednesday, stating the group's recent share price performance had defied "softness" in lead indicators.
Wednesday broker round-up
Unite Group: Berenberg downgrades to hold with a target price of 1,000. 0p.