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Tag Archives: Category:All

Broker tips: Royal Mail, Berkeley Group, Plus 500

Royal Mail was under pressure on Wednesday as Liberum reiterated its ‘sell’ rating on the stock and slashed the price target to 120p from 175p, arguing that the company’s strategy is undeliverable. The broker said the fact that management openly questioned the achievability of its 2024 targets just nine months …

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Royal Mail strategy is ‘undeliverable’, says Liberum

Royal Mail was under pressure on Wednesday as Liberum reiterated its ‘sell’ rating on the stock and slashed the price target to 120p from 175p, arguing that the company’s strategy is undeliverable. The broker said the fact that management openly questioned the achievability of its 2024 targets just nine months …

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Canaccord Genuity hikes target for Intermediate Capital Group

Analysts at Canaccord Genuity hiked their target price for shares of Intermediate Capital Group after revising their earnings estimates for the alternative asset manager fir the next three years higher. The main reason for the target price change was the higher price-to-earnings multiple now assigned by the broker to the …

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Director dealings: Midwich MD makes share purchase

Fenby, who took over as MD at Midwich back in 2010, bought the shares on Friday at an average price of 500.0p each, for a total transaction value of £1,000,000. Midwich chairman Andrew Herbert’s wife Sharon also snapped up 3,000 ordinary shares in the firm. As of 1635 GMT, Midwich …

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Broker tips: Hargreaves Lansdown, Royal Mail, Vodafone

The first quarter of 2020 is “make or break” for Hargreaves Lansdown as investors examine whether weak inflows are the result of temporary factors or increased competition, Berenberg said as the broker cut its price target on the company’s shares. Keeping their ‘hold’ rating on the stock the Berenberg analysts …

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Bernstein downgrades Royal Mail to ‘underperform’

“Things will get worse before they get better,” the bank said, adding that the current cash flow trajectory implies a cash crunch, with dividends and capex outpacing cash generation by around £200m. Bernstein said management will have to choose between restarting the transformation, cutting the dividend, or increasing borrowing. “The …

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