Broker Tips
Broker tips: Electrocomponents, Sanne, Stagecoach
Analysts at Berenberg hiked their target price on industrial and electronics products distributor Electrocomponents from 575. 0p to 815. 0p on Monday, highlighting the acceleration of some pre-existing trends.
Canaccord Genuity lowers target price on Stagecoach
Analysts at Canaccord Genuity cut their target price on public transport operator Stagecoach from 85. 0p to 62. 0p on Monday as they made downgrades to assumptions for the firm's regional bus unit.
Goldman bullish on oil and natural gas prices even if Democrats take White House
Goldman Sachs remains 'bullish' on the outlook for oil and natural gas prices, even in the event of a victory for Democratic party candidate Joe Biden at the next US Presidential election on 3 November.
Sanne rallies on RBC Capital markets upgrade
RBC Capital Markets upgraded alternative asset services firm Sanne to ‘outperform’ from ‘sector perform’ on Monday, lifting the price target to 730p from 600p.
Berenberg hikes target price on Electrocomponents
Analysts at Berenberg hiked their target price on industrial and electronics products distributor Electrocomponents from 575. 0p to 815. 0p on Monday, highlighting the acceleration of some pre-existing trends.
Citi sees contrarian 'opportunity' in UK banks
Analysts at Citi reiterated their 'buy' stance on several of the UK's largest lenders, citing the likely resumption of dividend payments from February 2021 onwards among some of the positives for the group.