Broker Tips
Broker tips: Standard Chartered, Vodafone, Greggs
Lower credit costs will boost Standard Chartered’s earnings more than investors expect, Jefferies said as it nudged up its price target for the bank's shares from 589. 0p to 594. 0p and restated its 'buy' rating on the stock.
Lower credit costs to boost StanChart, Jefferies says
Lower credit costs will boost Standard Chartered’s earnings more than investors expect, Jefferies said as the broker nudged up its price target for the bank’s shares and restated its ‘buy’ rating.
Berenberg upgrades Vodafone to 'buy', sees higher growth than at BT
Analysts at Berenberg upgraded their recommendation for shares of Vodafone to 'buy', pointing three drivers which they argued would allow the company to deleverage and close its valuation discount versus peers.
ShoreCap rates Greggs a 'sell' as working from home hits business model
Analysts at Shore Capital have issued a ‘sell’ recommendation on Greggs shares, arguing that more people working from home during the Covid pandemic was a “game changer” for the High Street baker.