Broker Tips
Broker tips: Ferguson, NatWest, BT Group
Analysts at Canaccord Genuity raised their target price on plumbing and heating products distributor Ferguson from 9,100. 0p to 10,000. 0p on Thursday, stating "temporary positives" had amplified an already "strong" performance.
Canaccord lifts Ferguson target price after Q3 update
Analysts at Canaccord Genuity raised their target price on plumbing and heating products distributor Ferguson from 9,100. 0p to 10,000. 0p on Thursday, stating "temporary positives" had amplified an already "strong" performance.
Credit Suisse ups Continental European equities to 'outperform'
Credit Suisse upgraded its stance on Continental European equities on Thursday to ‘overweight’ from ‘benchmark’, pointing to a catch-up in economic growth, valuation and excess liquidity, among other things.
Berenberg downgrades BT to 'hold' following material rerating
Analysts at Berenberg downgraded telecommunications giant BT Group from 'buy' to 'hold' on Thursday, stating the firm's shares had "materially rerated" since upgrading the stock back in August 2020.
RBC Capital upgrades NatWest to 'outperform'
RBC Capital Markets upgraded NatWest to ‘outperform’ from ‘sector perform’ on Thursday and lifted its price target to 240p from 190p, implying around 20% upside to the current share price.