Business & Development
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Barclays downgrades Hikma to ‘equalweight’ on Generics concerns
Barclays downgraded Hikma Pharmaceuticals on Friday to ‘equalweight’ from ‘overweight’ and cut the price target to 1,750p from 2,250p as it said…
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Deutsche Bank raises target price on BAE Systems
Analysts at Deutsche Bank raised their target price on aerospace and defence giant BAE Systems from 860.0p to 970.0p on Friday, stating…
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Broker tips: Sage, Ergomed, Travis Perkins, Smith & Nephew
Analysts at Canaccord Genuity upgraded software firm Sage from ‘hold’ to ‘buy’ on Thursday, stating the group was “more resilient than you…
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Credit Suisse and Barclays lower target price on Smith&Nephew
Analysts at Credit Suisse lowered their target price for shares of Smith&Nephew after what they described as a “mixed” set of interim…
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RBC Capital cuts Travis Perkins target price after Toolstation miss
RBC Capital Markets cut its price target on shares of Travis Perkins on Thursday following the company’s first-half results earlier in the…
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Canaccord Genuity upgrades Sage to ‘buy’
Analysts at Canaccord Genuity upgraded software firm Sage from ‘hold’ to ‘buy’ on Thursday, stating the group was “more resilient than you…
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Berenberg initiates coverage on Ergomed at ‘buy’
Analysts at Berenberg initiated coverage on biopharmaceutical industry services provider Ergomed at ‘buy’ on Thursday, stating the group was “perfectly positioned”. Berenberg…
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Phoenix Group to buy Sun Life for ยฃ248m
Phoenix Group said it was buying closed book UK life insurance company Sun Life for ยฃ248m. The deal is expected to deliver…
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Broker tips: Ascential, BAE Systems, Centrica
Analysts at Berenberg downgraded business-to-business media firm Ascential from ‘buy’ to ‘hold’ on Wednesday and slashed their target price on the stock…
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BofA lowers target for Fresnillo after 1H numbers, but stays at ‘buy’
Analysts at Bank of America lowered their target price for shares of precious metals miner Fresnillo but reiterated their ‘buy’ recommendation following…

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