Broker Tips
Broker tips: Reckitt Benckiser, DCC, Standard Chartered
Analysts at Deutsche Bank upped their target price on consumer goods company Reckitt Benckiser from 7,400. 0p to 8,400. 0p on Monday, highlighting the group's "enduring fame".
Deutsche Bank raises target price on Reckitt Benckiser
Analysts at Deutsche Bank upped their target price on consumer goods company Reckitt Benckiser from 7,400. 0p to 8,400. 0p on Monday, highlighting the group's "enduring fame".
Monday broker round-up
British American Tobacco: Jefferies downgrades to hold with a target price of 3,000. 0p.
DCC shares up with events, says RBC Capital
RBC Capital Markets downgraded its stance on sales, marketing and support services group DCC to ‘sector perform’ from ‘outperform’ on Monday, saying the shares were up with events.
Canaccord Genuity starts Idox at 'buy' on new initiatives and outlook for government spending
Analysts at Canaccord Genuity started coverage of software supplier Idox at a 'buy' with a 68. 0p target price, highlighting the initiatives put in place by its new management team to turn the business around and the solid outlook for government spending.
JPMorgan ups UK equities to 'neutral', says risk/reward improving
JPMorgan Cazenove upgraded its stance on UK equities to ‘neutral’ from ‘underweight’ on Monday, highlighting an improvement in risk/reward and funding the move by downgrading Japan equities.
Jefferies sees compelling risk/reward in StanChart, stays at 'buy'
Analysts at Jefferies reiterated their 'buy' recommendation for shares of Standard Chartered, telling clients that the consensus was likely underestimating the lender's performance in the financial markets segment during the second quarter.