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Tag Archives: Category:Broker Recommendations

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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Liberum reiterates ‘sell’ rating on Royal Mail

Analysts at Liberum slightly raised their target price on ‘sell’ rated postal service Royal Mail Group on Monday, stating that risks to its UK operations outweighed resilience in its European arm, General Logistics Systems (GLS). Liberum said the outlook for Royal Mail’s UK parcels, international and letters (UKPIL) unit was …

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Liberum hikes target price on DX

Analysts at Liberum hiked their target price on British logistics outfit DX from 14.0p to 30.0p on Wednesday, stating the group had executed “a remarkable turnaround”. Liberum said since DX’s current management team arrived on the scene back in October 2017, the group had been refinanced and rescued as its …

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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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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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Broker tips: Greene King, Royal Mail

Analysts at Canaccord Genuity raised their target price on British landlord Greene King on Tuesday, but lowered their recommendation for the firm’s shares from ‘buy’ to ‘hold’ following the previous session’s accepted offer from CK Noble. Shares of Greene King surged on Monday after the pub group agreed to be …

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