Broker Tips
Broker tips: ITM Power, Netcall, Greencore, InterContinental Hotels
JP Morgan Cazenove has initiated coverage of renewable energy specialist ITM Power with an 'overweight' rating.
Jefferies starts Gamesys, 888 at 'buy'
Jefferies initiated coverage of Gamesys and 888 with a ‘buy’ rating on Wednesday as it took a look at the gaming sector.
JP Morgan launches coverage of ITM Power
JP Morgan Cazenove has initiated coverage of renewable energy specialist ITM Power with an ‘overweight’ rating.
Canaccord raises target price on Netcall
Analysts at Canaccord Genuity raised their target price on software firm Netcall from 74. 0p to 88. 0p on Wednesday, stating it expects more good news to come following the group's "strong" first half.
HSBC upgrades Greencore to 'buy', shares rally
Greencore rallied on Wednesday as HSBC upped its stance on shares of the Irish convenience food maker to ‘buy’ from ‘hold’ and lifted the price target to 170p from 120p as it argued the roadmap out of lockdown underpins a recovery in the food to go business.
Credit Suisse upgrades Tesco, downgrades Sainsbury's
Credit Suisse switched its preference from Sainsbury’s to Tesco on Wednesday as it took a look at the UK food retail sector.
Deutsche Bank downgrades InterContinental Hotels after results
Deutsche Bank downgraded InterContinental Hotels to ‘hold’ from ‘buy’ on Wednesday and cut the price target to 5,380p from 5,600p following the company’s full-year results a day earlier.