Business & Development
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JPMorgan downgrades Severn Trent as it turns cautious on water sector
JPMorgan Cazenove downgraded Severn Trent on Tuesday as it took a look at the UK water sector. It said the sector has…
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Berenberg on initiates coverage on Marks Electrical at ‘buy’
Analysts at Berenberg initiated coverage on online retailer Marks Electrical Group at ‘buy’ on Tuesday, stating the group was now “making its…
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Broker tips: Big Technologies, Ocado, Go-Ahead Group
Analysts at Berenberg initiated coverage on software-as-a-services firm Big Technologies with a ‘buy’ rating and 320.0p target price on Monday, branding the…
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Credit Suisse downgrades Ocado, slashes price target
Credit Suisse downgraded Ocado on Monday to ‘neutral’ from ‘outperform’ and slashed the price target to 960p from 1,600p. The bank said…
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Berenberg initiates coverage on Big Tech and LBG Media at ‘buy’
Analysts at Berenberg initiated coverage on software-as-a-services firm Big Technologies with a ‘buy’ rating and 320.0p target price on Monday, branding the…
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RBC Capital Markets lowers Go-Ahead to ‘sector perform’, raises target price
Analysts at RBC Capital Markets lowered their target price on public transport operator Go-Ahead Group from ‘outperform’ to ‘sector perform’ on Monday,…
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Private equity takeover of Ultra Electronics set to be approved
The £2.6bn takeover of British defence manufacturer Ultra Electronics by a US private equity firm looks set to be waved on by…
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Broker tips: THG, Liontrust, Rentokil Initial, Cerillion
Citi resumed coverage of e-commerce group THG on Thursday with a ‘buy’ rating and 220.0p price target. The bank said that amid…
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Stifel upgrades Capricorn Energy to ‘buy’
Stifel upgraded Capricorn Energy on Thursday to ‘buy’ from ‘hold’, as it said the proposed all-share deal with Tullow Oil significantly undervalues…
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Deutsche Bank upgrades Rentokil to ‘buy’
Deutsche Bank upgraded Rentokil Initial on Thursday to ‘buy’ from ‘hold’, as it highlighted the potential for a resilient performance and benefits…
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