Business & Development
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Hikma buys Custopharm for $375m
Hikma Pharmaceuticals said it was buying US firm Custopharm from Water Street Healthcare Partners for $375m on a debt and cash-free basis,…
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Broker tips: LondonMetric, Ultra Electronics, JTC
Citi upgraded LondonMetric to ‘buy’ from ‘neutral’ on Friday, saying it remains confident of structural tailwinds for logistics, estimating a doubling of…
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Citi upgrades LondonMetric to ‘buy’
Citi upgraded LondonMetric to ‘buy’ from ‘neutral’ on Friday, saying it remains confident of structural tailwinds for logistics, estimating a doubling of…
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JTC slumps as ShoreCap says it’s time to take some profit
Fund management services provider JTC slumped on Friday after Shore Capital downgraded the stock to ‘sell’ from ‘hold’, saying it was time…
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Berenberg lifts Rolls-Royce price target on US travel boost
Berenberg lifted its price target on engine marker Rolls-Royce to 160p from 150p on Thursday as it said the decision by the…
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Canaccord Genuity lowers Idox to hold after shares reach target price
Analysts at Canaccord Genuity downgraded software firm Idox from ‘buy’ to ‘hold’ on Thursday, citing a now “fair” valuation. Canaccord said Idox…
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Berenberg raises target price on CVS Group following FY results
Analysts at Berenberg raised their target price on veterinary services provider CVS Group’s from 2,630.0p to 2,900.0p on Thursday following the release…
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Broker tips: BHP, Draper Esprit, Quixant
Bank of America Merrill Lynch downgraded BHP to ‘neutral’ from ‘buy’ on Wednesday and slashed its price target on the stock to…
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Canaccord reiterates ‘buy’ rating on Quixant following ‘encouraging progress’
Analysts at Canaccord Genuity reiterated their 225.0p target price on technology outfit Quixant on Wednesday, citing some “encouraging progress” despite margin headwinds.…
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BofA Merrill Lynch downgrades BHP to ‘neutral’
Bank of America Merrill Lynch downgraded BHP to ‘neutral’ from ‘buy’ on Wednesday and slashed the price target to 1,900p from 2,900p…
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