Broker Tips
Broker tips: Royal Mail, C&C Group, Britvic
Analysts at Liberum raised their target price on Royal Mail from 480. 0p to 560. 0p on Wednesday but warned that the impact of an upcoming reduction to the working week was being underestimated.
Liberum reiterates rating on Royal Mail
Liberum has reiterated its ‘hold’ rating on Royal Mail, but warned that the impact of an upcoming reduction to the working week was being underestimated.
Citi ups Britvic price target after results beat forecasts
Citi increased its price target for Britvic shares after the soft drinks group's first-half results beat expectations.
JP Morgan sees 'opportunity' in LSE Group shares, moves back to 'overweight'
Analysts at JP Morgan moved to an 'overweight' rating for shares of the London Stock Exchange Group, telling clients that recent share price weakness represented an "opportunity".
Earnings upgrades will offset inflation concerns, Barclays says
The market rally has weakened but upgrades to earnings will help European equities withstand concerns over monetary policy and inflation, Barclays said.
C&C Group rallies on Berenberg upgrade to 'buy'
Berenberg upped its stance on shares of drinks company C&C Group to ‘buy’ from ‘hold’ on Wednesday, hiking the price target to 345p from 181p as it pointed to "catalysts galore" for the branded portfolio.