Broker Tips
Broker tips: JD Wetherspoon, IAG, Barratt Developments, Softcat
Liberum has upped its price target on JD Wetherspoon but warned that it remains cautious about the scale and pace of the pub chain’s recovery.
Ark Invest sees Tesla shares at $3,000 by 2025
Tesla shares surged on Monday after tech-focused investment manager Ark Invest said the price could hit $3,000 by 2025 in its base case scenario.
Shore Capital downgrades TP Icap to 'hold'
Shore Capital has downgraded TP Icap Group to ‘hold’ after cutting its full-year forecasts for the broker.
Liberum ups price target on JD Wetherspoon, stays at 'hold'
Liberum has upped its price target on JD Wetherspoon, but remains cautious about the scale and pace of the pub chain’s recovery.
JP Morgan stays at 'overweight' for euro area stocks
Strategists at JP Morgan reiterated their 'overweight' stance on Eurozone and Japanese equities in 2021 and said they continued to expect that they would outperform shares on Wall Street.
Global stock markets nowhere near a 'bubble', Goldman Sachs says
Many of the 'tell tale' signs of a dangerous financial bubble are absent from global stock markets, despite the fact that they are hovering near record highs, strategists at Goldman Sachs argued.
Deutsche Bank downgrades IAG to 'hold'
Deutsche Bank has downgraded International Airlines Group to ‘hold’ from ‘buy’ after a recent rally in the share price.
Berenberg raises target price on Barratt Developments
Analysts at Berenberg raised their target price on construction firm Barratt Developments from 740. 0p to 800. 0p on Monday, stating the housebuilding sector had enjoyed a strong start to the year.
Citi upgrades Softcat, says premium valuation 'here to stay'
Citi upgraded its stance on shares of IT infrastructure and services provider Softcat on Monday to ‘neutral’ from ‘sell’ as it said the premium valuation is here to stay.