Broker Tips
Broker tips: Grafton, TT Electronics
Analysts at Canaccord Genuity downgraded business services firm Grafton from 'buy' to 'hold' on Thursday, stating there was now a "less compelling" risk/reward scenario as a result of the group's share price approaching record highs.
Thursday broker round-up
Grafton Group: Canaccord downgrades to hold with a target price of 1,235. 0p.
Canaccord Genuity downgrades Grafton to 'hold'
Analysts at Canaccord Genuity downgraded business services firm Grafton from 'buy' to 'hold' on Thursday, stating there was now a "less compelling" risk/reward scenario as a result of the group's share price approaching record highs.
Berenberg raises target price on TT Electronics
Analysts at Berenberg raised their target price on electronic resistors manufacturer TT Electronics from 230. 0p to 285. 0p, stating cash was "king".