Business & Development
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Jefferies stays at ‘buy’ on Anglo American despite headwinds from Chinese housing
Analysts at Jefferies reiterated their ‘buy’ recommendation for shares of Anglo American following investor meetings with the miner’s boss, Mark Cutifani, its…
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Berenberg upgrades IHG to ‘buy’
Analysts at Berenberg upgraded Holiday Inn owner Intercontinental Hotels Group from ‘hold’ to ‘buy’ on Friday following a better-than-expected first-half performance. Berenberg…
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ShoreCap resumes coverage on Beazley at ‘buy’ on rate momentum and valuation grounds
Analysts at ShoreCap resumed coverage of Beazley with a ‘buy’ recommendation, arguing that the insurer was “best placed” to benefit from the…
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S4 Capital buys tech services co Zemoga
Martin Sorrell’s digital-only advertising group S4 Capital said it was buying technology services company Zemoga for an undisclosed sum. Sorrell, who founded…
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Broker tips: Duke Royalty, Britvic, Drax
Analysts at Canaccord Genuity raised their target price on finance company Duke Royalty from 45.0p to 52.0p on Thursday following the firm’s…
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Canaccord Genuity raises target price on Duke Royalty
Analysts at Canaccord Genuity raised their target price on finance company Duke Royalty from 45.0p to 52.0p on Thursday following the firm’s…
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Deutsche Bank downgrades Britvic to ‘hold’
Deutsche Bank downgraded Britvic to ‘hold’ from ‘buy’ on Thursday as it said there is now insufficient upside to the shares to…
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Drax surges as Barclays hikes price target by 75%
Drax shares powered ahead on Thursday after Barclays hiked its price target by 75% to 960p, implying 120% upside potential. The bank,…
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Broker tips: Darktrace, Rightmove, Reckitt Benckiser
Analysts at Berenberg raised their target price on software outfit Darktrace from 750.0p to 850.0p on Wednesday, citing outperformance “across the board”.…
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JP Morgan stays ‘overweight’ on Reckitt Benckiser, spies near-term catalysts
Analysts at JP Morgan reiterated their ‘overweight’ recommendation for shares of Reckitt Benckiser ahead of the consumer goods giant’s Investor Day on…

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