Broker Tips
Broker tips: Flutter Entertainment, Travis Perkins, IHG
RBC Capital Markets downgraded Flutter Entertainment on Tuesday to ‘sector perform’ from ‘outperform’ and trimmed the price target to 120. 0p from 125. 0p following a strong run.
Tuesday broker round-up
Flutter Entertainment Group: RBC Capital Markets downgrades to sector perform with a target price of 12,500p.
Deutsche Bank lowers target price on InterContinental Hotels
Analysts at Deutsche Bank lowered their target price on Holiday Inn operator InterContinental Hotels Group from 5,000. 0p to 4,900. 0p on Tuesday despite the group's "solid" third-quarter trading update.
Berenberg raises target price on Travis Perkins
Analysts at Berenberg raised their target price on builders' merchant Travis Perkins from 1,430. 0p to 1,500. 0p on Tuesday, stating the group's third-quarter results had highlighted the strength of renovation, maintenance and improvement sector's recovery.
RBC Capital downgrades Flutter Entertainment after strong run
RBC Capital Markets downgraded Flutter Entertainment on Tuesday to ‘sector perform’ from ‘outperform’ and trimmed the price target to 120p from 125p following a strong run.