Broker Tips
Broker tips: RSA Insurance, Hill and Smith, Barratt Developments
Peel Hunt downgraded RSA Insurance on Friday to ‘hold’ from ‘buy’ but lifted the price target to 685p, which is the price it has agreed to be bought at by Intact Financial Corporation and Danish insurer Tryg.
Peel Hunt downgrades RSA Insurance as takeover nears completion
Peel Hunt downgraded RSA Insurance on Friday to ‘hold’ from ‘buy’ but lifted the price target to 685p, which is the price it has agreed to be bought at by Intact Financial Corporation and Danish insurer Tryg.
Jefferies starts Hill & Smith at ‘buy’
Jefferies initiated coverage of Hill & Smith on Friday with a ‘buy’ recommendation and 1,750p price target, saying the company has "all the ingredients to re-rate".
Canaccord Genuity nudges up target price on Barratt Developments
Analysts at Canaccord Genuity nudged up their target price on homebuilder Barratt Developments from 825. 0p to 835. 0p on Friday following yesterday's trading update.
Liberum downgrades John Laing but lifts target price on KKR talks
Liberum downgraded its recommendation on shares of John Laing to ‘hold’ from ‘buy’ after the infrastructure investor confirmed it was in talks with private equity firm KKR about a possible takeover.
Citi starts coverage of Wickes at 'buy'
Citi has initiated coverage on shares of Wickes with a ‘buy’ rating after its demerger from Travis Perkins.