Broker Tips
Broker tips: Wood Group, Lamprell, Vesuvius
Barclays downgraded Wood Group to ‘equalweight’ from ‘overweight’ on Friday and cut the price target to 330p from 370p following recent outperformance.
Barclays downgrades Wood Group after recent outperformance
Barclays downgraded Wood Group to ‘equalweight’ from ‘overweight’ on Friday and cut the price target to 330p from 370p following recent outperformance.
Canaccord Genuity raises target price on Lamprell
Analysts at Canaccord Genuity raised their target price on oilfield services provider Lamprell from 55. 0p to 90. 0p on Friday following the group's year-end trading statement.
RBC downgrades Vesuvius to 'sector perform'
RBC Capital Markets downgraded molten metal flow engineer Vesuvius to ‘sector perform’ from ‘outperform’ on Friday following the recent rally in the share price, which leaves the valuation more reflective of the opportunity.