Business & Development
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HSBC upgrades Standard Chartered, cites optimism on revenue growth
HSBC upgraded shares of Standard Chartered on Wednesday to ‘buy’ from ‘hold’ and lifted the price target to 550p from 430p as…
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Deutsche Bank downgrades TI Fluid Systems on valuation grounds
TI Fluid Systems was under the cosh on Wednesday as Deutsche Bank downgraded the stock to ‘hold’ from ‘buy’ on valuation grounds,…
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Buy DS Smith and Smurfit Kappa, Berenberg says
Berenberg upgraded DS Smith to ‘buy’ and initiated coverage of Smurfit Kappa with the same rating in an upbeat note on prospects…
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JPMorgan upgrades Rolls-Royce, shares rally
Rolls-Royce rallied on Wednesday as JPMorgan Cazenove upgraded shares of the engine maker to ‘neutral’ from ‘underweight’, highlighting four reasons behind the…
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Broker tips: AstraZeneca, B&M, Ultra Electronics
Jefferies upgraded its stance on shares of AstraZeneca to ‘buy’ from ‘hold’ on Tuesday saying the pharmaceuticals company’s impressive revenue and profit…
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Barclays stays at ‘equalweight’ on Ultra Electronics, says backlog growth already priced in
Analysts at Barclays stuck to their ‘equalweight’ recommendation for shares of Ultra Electronics, despite what they termed the defence specialist’s “solid” full-year…
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Berenberg initiates coverage on B&M at ‘buy’
Analysts at Berenberg initiated coverage on discount retailer B&M at ‘buy’ on Tuesday, stating that the group had been and appeared set…
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Jefferies upgrades AstraZeneca to ‘buy’, hikes price target
Jefferies upgraded its stance on shares of AstraZeneca to ‘buy’ from ‘hold’ on Tuesday saying the pharmaceuticals company’s impressive revenue and profit…
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LondonMetric buys two properties for £31.2m
LondonMetric Property said it had bought two warehouses in Milton Keynes for a total of £31.2m. The company said the deal reflected…
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Broker tips: Boohoo, Ashtead, Entain
Berenberg initiated coverage of Boohoo at ‘buy’ on Monday even as it conceded that shares of the scandal-hit fast-fashion retailer are “not…
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