Business & Development
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DiscoverIE buys CDT Group for £5m
Electronics maker discoverIE Group on Wednesday said it had bought CDT group for £5m. CDT, designs and makes customised plastic enclosures for…
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Broker tips: 888, Dechra, Kitwave, Moneysupermarket
Analysts at Deutsche Bank resumed coverage on gambling giant 888 Holdings at ‘buy’ on Tuesday, branding it as the “king of the…
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Berenberg still in ‘sell the rally mode’, recommends stagflation hedge strategy
Equity strategists at Berenberg recommended investors stick with a stagflation hedge strategy. That meant gaining exposure to a mix of ‘defensive growth’,…
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Liberum upgrades Moneysupermarket to ‘buy’
Liberum upgraded Moneysupermarket on Tuesday as it took a look at online platforms. The broker lifted Moneysupermarket to ‘buy’ from ‘hold’ “from…
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JPMorgan puts Drax on ‘positive catalyst watch’, expects guidance upgrade
JPMorgan Cazenove put Drax on “positive catalyst watch” on Tuesday, saying it expects the renewable energy company to upgrade guidance at its…
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Credit Suisse sees value in UK Banks, Lloyds remains ‘top pick’
Analysts at Credit Suisse sounded a bullish note for UK banks, explaining to clients that they now expected upgrades to lenders’ guidance…
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Deutsche Bank resumes coverage on 888 Holdings at ‘buy’
Analysts at Deutsche Bank resumed coverage on gambling giant 888 Holdings at ‘buy’ on Tuesday, branding it as the “king of the…
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RBC Capital ups Dechra to ‘outperform’, cites attractive entry point
RBC Capital Markets upgraded Dechra Pharmaceuticals on Tuesday to ‘outperform’ from ‘sector perform’, citing an attractive entry point. “We think Dechra is…
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Canaccord Genuity hikes target price on Kitwave
Analysts at Canaccord Genuity raised their target price on wholesale business Kitwave from 225.0p to 345.0p on Tuesday, stating a “strong” first…
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Broker tips: Pets At Home, Sainsbury’s, Dunelm
Pets at Home shares tumbled on Monday as RBC Capital Markets downgraded the shares to ‘underperform’ from ‘sector perform’ and slashed the…
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