Broker Tips
Broker tips: Victoria, Lookers, PayPoint
Analysts at Berenberg raised their target price on flooring manufacturer Victoria from 770. 0p to 1,000. 0p on Monday, stating the group was "trading well" and "ready" for mergers and acquisitions.
Monday broker round-up
Lloyds Banking Group: Deutsche Bank upgrades to buy with a target price of 50p.
Berenberg hikes target price on Victoria following trading update
Analysts at Berenberg raised their target price on flooring manufacturer Victoria from 770. 0p to 1,000. 0p on Monday, stating the group was "trading well" and "ready" for mergers and acquisitions.
Liberum hikes price target on Lookers after update
Liberum hiked its price target on car dealership chain Lookers to 90p from 45p on Monday, keeping the rating at ‘buy’ after a "much stronger-than-expected" first-quarter trading performance.
Credit Suisse reiterates 'positive' stance on UK Banks
Analysts at Credit Suisse reiterated their "positive" stance on UK banks ahead of the start of the earnings season for the sector.
Canaccord Genuity rasies target price on PayPoint
Analysts at Canaccord Genuity raised their target price on payments provider PayPoint from 800. 0p to 825. 0p on Monday, stating a return to growth was "likely" as it highlighted some "material re-rating potential".