Business & Development
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LGIM expresses doubts over Tullow/Capricorn merger
UK asset manager Legal & General Investment Management made a rare public intervention and come out against a planned merger between Tullow…
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Morgan Stanley ups Rolls-Royce to ‘overweight’
Morgan Stanley upgraded shares of engine maker Rolls-Royce on Monday to ‘overweight’ from ‘equalweight’, saying it was “the clearest example of mispricing”…
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Broker tips: Hurricane Energy, Travis Perkins
Analysts at Canaccord Genuity upgraded exploration and production firm Hurricane Energy from ‘hold’ to ‘speculative buy’ on Friday, stating the company had…
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Canaccord Genuity upgrades Hurricane Energy to ‘speculative buy’
Analysts at Canaccord Genuity upgraded exploration and production firm Hurricane Energy from ‘hold’ to ‘speculative buy’ on Friday, stating the company had…
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Berenberg downgrades Travis Perkins to ‘hold’
Analysts at Berenberg downgraded builders’ merchant and home improvement retailer Travis Perkins from ‘buy’ to ‘hold’ on Friday, stating it now sees…
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Broker tips: Lords Group, Shell, Entain, Flutter Entertainment
Analysts at Berenberg initiated coverage on construction goods distributor Lords Group with a ‘buy’ rating on Thursday, stating it was a “fast-growing…
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Citi says ‘buy’ Entain and Flutter, spies possible bid for the former
Analysts at Citi told clients to ‘buy’ shares of Entain and Flutter Entertainment after revising higher their estimate of the Total Adressable…
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Morrisons takeover to go ahead after CMA clears petrol stations sale
Britain’s competition watchdog has confirmed the £7bn takeover of supermarket chain Morrisons by US private equity firm Clayton, Dubilier & Rice can…
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Credit Suisse starts Shell at ‘outperform’, BP at ‘neutral’
Credit Suisse initiated coverage of BP and Shell on Thursday as it said in a note that it is positive on integrated…
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Berenberg initiates coverage on Lords Group at ‘buy’
Analysts at Berenberg initiated coverage on construction goods distributor Lords Group with a ‘buy’ rating on Thursday, stating it was a “fast-growing…
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