Broker Tips
Broker tips: Fresnillo, Smith and Nephew, 3i Group
Canaccord Genuity downgraded Fresnillo on Monday to ‘hold’ from ‘buy’ as it pointed to a strong run over the past three to six months.
Canaccord Genuity lifts Fresnillo price target, downgrades to ‘hold’
Canaccord Genuity downgraded Fresnillo on Monday to ‘hold’ from ‘buy’ as it pointed to a strong run over the past three to six months.
Jefferies cuts Smith & Nephew target but stays optimistic
Jefferies has slashed its target price for medical devices maker Smith & Nephew from 1,400p to 1,250p after challenges in China weighed heavily on third-quarter results.
RBC Capital Markets lowers 3i Group to 'sector perform'
Analysts at RBC Capital Markets downgraded 3i Group from 'outperform' to 'sector perform' on Monday, citing valuation grounds.
RBC Capital ups Frasers Group to ‘outperform’
RBC Capital Markets upgraded Frasers Group on Monday to ‘outperform’ from ‘sector perform’ with a ‘speculative risk’ qualifier.
Broker tips: Warpaint, Schroders, Braemar, Morgan Sindall
RBC Capital Markets initiated coverage of Warpaint on Friday with an ‘outperform’ rating and 685. 0p price target.
Berenberg starts Morgan Sindall at ‘buy’
Berenberg started coverage of Morgan Sindall on Friday with a ‘buy’ rating and 4,500p price target.
Canaccord Genuity lowers target price on Braemar
Analysts at Canaccord Genuity lowered their target price on shipbroking services business Braemar from 410. 0p to 380. 0p on Friday following the recently announced increase to the UK Employers National Insurance rate.
BNP Paribas Exane upgrades Schroders ahead of Q3 results
BNP Paribas Exane upgraded Schroders on Friday to ‘outperform’ from ‘neutral’ ahead of third-quarter results next week, as it pointed to improving momentum and an attractive valuation.
RBC Capital starts W7 owner Warpaint at ‘outperform’
RBC Capital Markets initiated coverage of Warpaint on Friday with an ‘outperform’ rating and 685p price target.