Business & Development
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RBC lowers target price on CMC Markets
Analysts at RBC Capital Markets lowered their target price on financial services firm CMC Markets from 560.0p to 410.0p on Monday after…
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Berenberg cuts target price on EasyJet after larger-than-expected equity raise
Analysts at Berenberg cut their target price on low-cost carrier EasyJet from 930.0p to 720.0p on Monday after the group’s larger than…
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Berenberg slightly lowers target price on Ashmore Group
Analysts at Berenberg slightly lowered their target price on investment manager Ashmore Group from 340.0p to 330.0p on Friday, stating margin pressures…
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Credit Suisse cuts IAG price target to reflect rights issue risk
Credit Suisse cut its price target on shares of British Airways and Iberia parent IAG on Friday to 195p from 256p to…
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Credit Suisse starts Network International at ‘outperform’
Credit Suisse initiated coverage of MEA-focused payments service provider Network International on Friday with an ‘outperform’ rating and 460p price target. “With…
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UBS upgrades Purplebricks, says market share losses priced in
UBS upgraded its stance on shares of Purplebricks on Friday to ‘neutral’ from ‘sell’ as it said market share losses are now…
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Liberum upgrades SIG to ‘buy’, says recovery ‘just getting started’
Analysts at Liberum upgraded insulation and construction products supplier SIG from ‘hold’ to ‘buy’ on Friday, stating the firm’s recovery was “just…
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Broker tips: Hays, Grainger, ConvaTec, IQE
Barclays upgraded shares of Hays to ‘overweight’ from ‘equalweight’ on Thursday and hiked the price target to 195.0p from 120.0p as it…
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Credit Suisse upgrades Boohoo, says governments might ban Shein app
Analysts at Credit Suisse upgraded their recommendation for shares of Boohoo to ‘outperform’, telling clients that Western governments looked set to step…
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Canaccord Genuity upgrades IQE to ‘speculative buy’
Analysts at Canaccord Genuity upgraded semiconductors firm IQE from ‘hold’ to ‘speculative buy’ on Thursday, stating momentum appeared to be “about to…
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