Broker Tips
Broker tips: Next, GB Group, Scotgold
Barclays initiated coverage on shares of retailer Next at ‘overweight’ on Tuesday, with a 7,200. 0p price target.
JPMorgan upgrades Whitbread, InterContinental Hotels
JPMorgan Cazenove upgraded Premier Inn owner Whitbread and InterContinental Hotels on Tuesday as it took a look at hotels and caterers, saying that within hotels, concerns over the future of business travel are overdone versus expectations being complacent on the future of on-site catering.
Tuesday broker round-up
Intercontinental Hotels: JP Morgan upgrades to neutral with a target price of 4,400p.
Barclays starts coverage of Next at 'overweight'
Barclays initiated coverage on shares of retailer Next at ‘overweight’ on Tuesday, with a 7,200p price target.
SP Angel reiterates 'buy' for Scotgold, says Cononish undervalued
Analysts at SP Angel hiked their target price for shares of Scotgold by 29% to 182p, arguing that investors were overlooking the potential upside from the outfit's Cononish gold and silver mine in Scotland.
Berenberg raises GB Group to 'buy' on multi-year growth story
Analysts at Berenberg hiked their target price on data intelligence outfit GB Group from 680. 0p to 1,020. 0p on Tuesday, stating it was time to buy the company's multi-year growth story.