Broker Tips
Broker tips: Trainline, MJ Gleeson, Glencore
Trainline shares were weaker on Tuesday as JPMorgan Cazenove slashed its price target to 387p from 517p and cut its estimates ahead of the company’s first-half trading update this week.
RBC ups Glencore to 'outperform' following MBO 'thought experiment'
Analysts at RBC Capital Markets upped their rating on mining giant Glencore from 'sector perform' to 'outperform' on Tuesday after exploring the group's "deep value" through a management buyout "thought experiment".
Trainline hit as JPMorgan cuts estimates ahead of H1 results
Trainline shares were weaker on Tuesday as JPMorgan Cazenove slashed its price target to 387p from 517p and cut its estimates ahead of the company’s first-half trading update this week.
Tuesday broker round-up
Glencore: RBC Capital Markets upgrades to outperform with a target price of 240. 0p .
Canaccord Genuity ups MJ Gleeson to 'buy'
Analysts at Canaccord Genuity upped their recommendation on low-cost housebuilder MJ Gleeson from 'hold' to 'buy' on Tuesday, stating that growth had been "interrupted but not prevented".