Broker Tips
Broker tips: RSA Insurance, Abcam, JD Sports
Jefferies downgraded its rating on shares of RSA Insurance on Monday to ‘hold’ from ‘buy’ after the insurer confirmed last week that it was in talks to sell itself for £7. 2bn to a consortium comprising Canada’s Intact Financial Corp and Denmark’s Tryg A/S.
Pfizer vaccine news spurs optimism - reaction
Pfizer's announcement that its Covid-19 vaccine candidate is 90% effective is the biggest scientific step forward since the virus emerged in late 2019.
JP Morgan swings in favour of financials following Biden victory
JP Morgan Cazenove has thrown its weight behind financial stocks following Joe Biden’s victory in the US presidential race.
Jefferies downgrades RSA Insurance after takeover approach
Jefferies downgraded its rating on shares of RSA Insurance on Monday to ‘hold’ from ‘buy’ after the insurer confirmed last week that it was in talks to sell itself for £7. 2bn to a consortium comprising Canada’s Intact Financial Corp and Denmark’s Tryg A/S.
RBC downgrades Abcam, leaves price target unchanged
RBC Capital Markets has downgraded its rating on life sciences firm Abcam, sending the shares lower.
JPMorgan starts coverage of JD Sports at 'overweight'
JPMorgan Cazenove initiated coverage of JD Sports at ‘overweight’ on Monday with a 1,000 price target, as it hailed the company "the sports fashion champion".