Broker Tips
Broker tips: Future, Melrose Industries
Berenberg upgraded Future on Tuesday to ‘buy’ from ‘hold’ and hiked the price target to 1,310p from 850p following "positive" first-half results, which indicated that organic growth has troughed.
Stifel lifts Melrose Industries price target, profit forecast
Melrose Industries rallied on Tuesday as Stifel lifted its price target on the shares to 700p from 690p and upped its profit forecast.
Berenberg upgrades Future to ‘buy’, hikes price target
Berenberg upgraded Future on Tuesday to ‘buy’ from ‘hold’ and hiked the price target to 1,310p from 850p following "positive" first-half results, which indicated that organic growth has troughed.
Broker tips: AutoTrader, Pets At Home, National Grid, St James's Place, Quilter
Shore Capital has cut its recommendation for online car marketplace Auto Trader from 'hold' to 'sell', saying the stock's valuation is now stretched following a decent run in recent months.
Shore Capital downgrades Auto Trader to 'sell'
Shore Capital has cut its recommendation for online car marketplace Auto Trader from 'hold' to 'sell', saying the stock's valuation is now stretched following a decent run in recent months.
Liberum upgrades Pets at Home to 'buy', shares surge
Pets at Home rallied on Monday as Liberum upgraded its stance on the shares to ‘buy’ from ‘hold’ and lifted the price target to 360p from 290p.
Citi upgrades National Grid, cites attractive risk/reward
Citi upgraded National Grid on Monday to ‘buy’ from ‘neutral’ and lifted the price target to 985p from 920p as it cited an attractive risk/reward.
JPMorgan upgrades St James’s Place, Quilter to ‘overweight’
JPMorgan Cazenove upgraded St James’s Place and Quilter to ‘overweight’ from ‘neutral’ on Monday as it took a look at UK wealth managers.