Broker tips: Rolls-Royce, Travis Perkins, Avast, Royal Mail

Analysts at Berenberg slashed their target price on aerospace and defence manufacturer Rolls-Royce from 890.0p to 270.0p on Friday but upped their rating on the firm from ‘hold’ to ‘buy’, stating nothing was priced in for a turnaround. Berenberg said the market appears to have given up on Rolls-Royce, with …

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Banks among the losers after growth slows | Business

Banks and financial stocks fell in morning trading after official data showed a slowdown in economic growth. Gross domestic product in the UK rose 6.6 per cent in July compared to the previous month. That was slower than the 8.7 per cent growth recorded in the previous month, according to …

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Tide appoints Sir Donald Brydon as non-executive chairman

Written by Jack Carfrae Published: 11 September 2020 Created: 11 September 2020 Business banking platform Tide has named Sir Donald Brydon as non-executive chairman and its first independent chair. He has previously been chairman of the Sage Group, the London Stock Exchange and the Royal Mail Group. His appointment comes …

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Royal Mail Group PLC higher again as JPMorgan upgrades its rating for the postal delivery firm to ‘neutral’ from ‘underperform’

The US investment bank’s analysts said they have also raised their forecasts materially and boosted their target price to 253p from 145p Royal Mail Group PLC () shares moved higher again on Friday as JPMorgan upgraded its rating for the postal delivery firm to ‘neutral’ from ‘underperform’ after a recent …

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