Broker Tips
Broker tips: AstraZeneca, B&M, Ultra Electronics
Jefferies upgraded its stance on shares of AstraZeneca to 'buy' from 'hold' on Tuesday saying the pharmaceuticals company’s impressive revenue and profit trajectory is compelling relative to EU peers, with improving quality of earnings and cash flow generation set to ease concerns.
Barclays stays at 'equalweight' on Ultra Electronics, says backlog growth already priced in
Analysts at Barclays stuck to their 'equalweight' recommendation for shares of Ultra Electronics, despite what they termed the defence specialist's "solid" full-year performance across 2020.
Berenberg initiates coverage on B&M at 'buy'
Analysts at Berenberg initiated coverage on discount retailer B&M at 'buy' on Tuesday, stating that the group had been and appeared set to remain a "Covid-19 beneficiary".
Jefferies upgrades AstraZeneca to 'buy', hikes price target
Jefferies upgraded its stance on shares of AstraZeneca to ‘buy’ from ‘hold’ on Tuesday saying the pharmaceuticals company’s impressive revenue and profit trajectory is compelling relative to EU peers, with improving quality of earnings and cash flow generation set to ease concerns.