Business & Development
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Citi says LSE shares too cheap, upgrades to ‘buy’
Citi upgraded its recommendation on London Stock Exchange shares on Wednesday to ‘buy’ from ‘neutral’ and upped the price target to 9,300p…
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Canaccord hikes target price for electric drive specialist Saietta Group
Analysts at Canaccord Genuity hiked their target price for shares of electric drive solution specialist Saietta Group on the basis of the…
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Berenberg ups Ocado to ‘buy’, cites attractive entry point
Ocado rallied on Wednesday after Berenberg lifted its stance on the stock to ‘buy’ from ‘hold’, highlighting an attractive entry point. The…
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Playtech, JKO ask Takeover Panel for more time on potential bid
Gambling software maker Playtech and potential bidder JKO have asked Britain’s Takeover Panel for more time to declare its intentions on any…
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Broker tips: IAG, HSBC, Dechra Pharmaceuticals
Analysts at Citi reiterated their ‘buy’ recommendation for shares of IAG while downgrading that for WizzAir to ‘sell’, in anticipation of a…
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BoA says prospects for HSBC share buybacks brightening
Analysts at Bank of America raised their target price for shares of HSBC, telling clients that the prospects for share buybacks by…
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Citi expects long haul carriers to outperform short haul rivals, downgrades WizzAir
Analysts at Citi reiterated their ‘buy’ recommendation for shares of IAG while downgrading that for WizzAir to ‘sell’, in anticipation of a…
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Liberum slashes target price for Boohoo, says 2H 2022 guidance was overoptimistic
Analysts at Liberum slashed their target price for shares of Boohoo, arguing that the global supply chain logjam wasn’t the only factor…
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Stay bullish on equities, says JPMorgan
JPMorgan equity strategists told investors to “stay bullish” in a note on Tuesday, as it argued that positive catalysts are not exhausted.…
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Dechra slumps as Exane highlights ‘punchy valuation’
Dechra Pharmaceuticals was under the cosh on Tuesday after Exane BNP Paribas initiated coverage of the stock at ‘neutral’ on valuation grounds.…
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