Broker Tips
Broker tips: Paragon, Chemring, Blue Prism
Analysts at Canaccord Genuity hiked their target price on diversified financials group Paragon from 454. 0p to 548. 0p on Monday, pointing to the company's "exemplary track record" in terms of asset quality and operating performance throughout economic cycles.
JPM says investors too gloomy on company earnings
Investors are too pessimistic about prospects for company earnings with positive implications for European banks and other cyclical shares, JP Morgan said.
Canacord raises target price on Paragon Banking
Analysts at Canaccord Genuity hiked their target price on diversified financials group Paragon from 454. 0p to 548. 0p on Monday, pointing to the company's "exemplary track record" in terms of asset quality and operating performance throughout economic cycles.
Chemring rallies on Barclays upgrade
Barclays upgraded its stance on Chemring on Monday to ‘overweight’ from ‘equalweight’ and hiked the price target to 380p from 250p, saying it’s the purest-play cyber exposure in its UK defence coverage.
Berenberg downgrades Blue Prism to 'hold'
Analysts at Berenberg downgraded software outfit Blue Prism from 'buy' to 'hold' on Monday following the group's 2020 full-year results last week.