Broker Tips
Broker tips: Whitbread, Royal Mail, Grafton
Barclays upgraded Premier Inn owner Whitbread to ‘overweight’ from ‘equal-weight’ on Friday, lifting the price target to 3,350. 0p from 2,500. 0p, arguing that it’s one of the most attractive recovery plays in the sector following this week's vaccine news.
BofA Merrill Lynch double-upgrades Whitbread, downgrades IHG
Bank of America Merrill Lynch double-upgraded its stance on Premier Inn owner Whitbread on Friday, but downgraded InterContinental Hotels following this week’s news of a potential Covid-19 vaccine.
Canaccord Genuity hikes target price on Grafton following update
Analysts at Canaccord Genuity raised their target price on business services group Grafton from 835. 0p to 930. 0p on Friday following the firm's trading update from a day earlier.
Credit Suisse upgrades Royal Mail, hikes price target
Credit Suisse upped Royal Mail to ‘neutral’ from ‘underperform’ on Friday, hiking the price target 261p from 94p as it said the UK outlook has been improved by pandemic-driven tailwinds.
Barclays upgrades Premier Inn owner Whitbread on vaccine news
Barclays upgraded Premier Inn owner Whitbread to ‘overweight’ from ‘equalweight’ on Friday, lifting the price target to 3,350p from 2,500p, arguing that it’s one of the most attractive recovery plays in the sector following this week's vaccine news.