Business & Development
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Spirent Communications rallies on Canaccord upgrade to ‘buy’
Spirent Communications got a boost on Tuesday as Canaccord Genuity upgraded the shares to ‘buy’ from ‘hold’ and upped the price target…
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Liberum lowers target price on SolGold
Analysts at Liberum lowered their target price on mining outfit SolGold from 55.0p to 39.0p on Tuesday after the group again delayed…
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BofA double upgrades Asos to ‘buy’
Analysts at Bank of America sounded a very ‘bullish’ on shares of Asos, adding them to their ‘What’s Big Small and Midcap…
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Electrocomponents a ‘great’ company with ‘OK’ valuation, says JPMorgan
Electrocomponents rallied on Tuesday as JPMorgan Cazenove upped the stock to ‘overweight’ from ‘neutral’ and hiked the price target to 1,103p from…
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Broker tips: Taylor Wimpey, Weir, JD Sports, Just Group
Jefferies upgraded Taylor Wimpey to ‘buy’ from ‘hold’ on Monday citing improving risk/reward. Jefferies said the upside potential to EBIT forecasts at…
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Jefferies upgrades Taylor Wimpey, downgrades Barratt
Jefferies upgraded Taylor Wimpey to ‘buy’ from ‘hold’ on Monday citing improving risk/reward and downgraded rival Barratt Developments to ‘hold’ from ‘buy’…
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Weir rallies on Morgan Stanley upgrade to ‘overweight’
Engineer Weir rallied on Monday after Morgan Stanley upgraded the shares to ‘overweight’ from ‘equalweight’ and hiked the price target to 2,220p…
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Veritas and Evergreen Coast to acquire Cubic Corporation in $2.8bn deal
Veritas Capital and Evergreen Coast Capital have agreed to acquire American public transportation and defence provider Cubic Corporation in a $70.0 per…
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BP, RWE, Total win UK windfarm leases in controversial auction
BP, Germany’s RWE and France’s Total have emerged as the big winners in the first auction of UK offshore wind farm leases…
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Citi stays at ‘buy’ Lloyds and NatWest Group, but ‘neutral’ towards most lenders
Analysts at Citi reiterated their ‘buy’ stance for shares of NatWest Group and Lloyds, but stayed at ‘neutral’ for most of the…

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