Broker Tips
Tuesday preview: US elections, Associated British Foods in focus
All eyes on Tuesday will be on the US elections, even if the results won't start to be known - under a best case scenario - until the next day.
Broker tips: IAG, THG, Ibstock
Analysts at Berenberg lowered their target price on British Airways parent company International Consolidated Airlines from 260. 0p to 180. 0p on Monday, stating the company's third-quarter results highlighted "extreme uncertainty" going into winter.
JP Morgan sees US election aftermath positive for shares
Post-election politics will be more positive for US equities than many fear, presenting a buying opportunity, JP Morgan said.
JP Morgan sees 50% upside for BAE Systems, stays at 'overweight' on Ultra Electronics
Analysts at JP Morgan reiterated their 'overweight' stance for shares of BAE Systems and Ultra Electronics, among other European defence stocks, arguing that investors' concerns were overdone - and already more than priced into those companies' shares.
Liberum initiates coverage on The Hut Group at 'buy'
Analysts at Liberum initiated coverage on e-commerce firm The Hut Group with a 'buy' rating on Monday, calling the company "a gem" of a business.
Berenberg lowers target price on IAG, cites 'extreme uncertainty' going into winter
Analysts at Berenberg lowered their target price on British Airways parent company International Consolidated Airlines from 260. 0p to 180. 0p on Monday, stating the company's third-quarter results highlighted "extreme uncertainty" going into winter.
Ibstock slumps after Deutsche Bank downgrade
Brickmaker Ibstock was under the cosh on Monday after Deutsche Bank downgraded its stance on the shares to ‘hold’ form ‘buy’ and cut the price target to 168p from 183p.