Broker Tips
Broker tips: DS Smith, Smurfit Kappa, Next, CRH
Jefferies upgraded its ratings for DS Smith and Smurfit Kappa shares to 'buy' as the broker predicted positive trading for packaging companies due to eCommerce and environmental pressures.
BofA stays at 'buy' on BME European Value Retail, sees strong Q4
Analysts at Bank of America reiterated their 'buy' stance on shares of B&M European Value Retail arguing that the new lockdown in the UK should buoy the firm's sales.
JP Morgan says 'buy' Credit Suisse, avoid UK banks
JP Morgan upgraded Credit Suisse to 'overweight' as part of a "barbell" approach to the European banks that excludes UK lenders.
Citi sees global stocks flat over 2021, downgrades ‘expensive’ US equities
Citi said in an equity strategy note on Thursday that it expects global equities to be flat over 2021, as it cut its rating on US equity markets.
CRH to benefit from Democrat majority in US Senate, says SocGen
Societe Generale upgraded its rating on shares of CRH on Thursday to ‘buy’ from ‘hold’ as it said the building materials group is set to benefit from a Democratic majority in the US Senate.
Liberum upgrades Next to 'buy' following strong Christmas trading performance
Analysts at Liberum upgraded clothing retailer Next from 'hold' to 'buy' and reiterated its 8,300. 0p target price on the stock following some "very resilient" Christmas trading.
Jefferies says 'buy' DS Smith and Smurfit Kappa
Jefferies upgraded its ratings for DS Smith and Smurfit Kappa shares to 'buy' as the broker predicted positive trading for packaging companies helped by ecommerce and environmental pressures.