Business & Development
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Berenberg lifts target price for M&G but keeps ‘hold’
(Sharecast News) – Berenberg has hiked its target price for life insurance group M&G from 208p to 225p after updating its estimates…
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Berenberg lowers Admiral to ‘hold’
(Sharecast News) – Analyst at Berenberg downgraded insurance group Admiral from ‘buy’ to ‘hold’ on Thursday but raised its target price on…
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Shore Capital reiterates ‘buy’ on Frasers after Matchesfashion purchase
(Sharecast News) – Shore Capital has reiterated its ‘buy’ recommendation on Frasers Group after the retail conglomerate purchased loss-making fast fashion group…
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Swisscom weighing offer for Vodafone’s Italian business
(Sharecast News) – Swiss telecommunications firm Swisscom has been mulling over an offer for Vodafone’s Italian operations early next year, according to…
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Exane BNP upgrades Intertek to ‘outperform’
(Sharecast News) – Exane BNP Paribas upgraded Intertek on Wednesday to ‘outperform’ from ‘underperform’, saying it sees 20% upside from a re-rating…
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Berenberg raises target price on BAE Systems
(Sharecast News) – Analyst at Berenberg raised their target price on aerospace and defence firm BAE Systems from 1,170.0p to 1,220.0p on…
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Berenberg lowers target price on John Wood Group
(Sharecast News) – Analysts at Berenberg lowered their target price on engineering and consulting business John Wood Group from 200.0p to 180.0p…
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Canaccord upgrades Future to ‘hold’ on GoCompare strength
(Sharecast News) – Canaccord Genuity has upgraded its rating for multimedia group Future Plc from ‘sell’ to ‘hold’, saying that downside risks…
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Canaccord Genuity lowers target price on Star Energy
(Sharecast News) – Analysts at Canaccord Genuity lowered their target price on exploration and production company Star Energy from 73.0p to 65.0p…
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RBC says Bunzl shares are overvalued, keeps at ‘underperform’
(Sharecast News) – Bunzl’s recent share-price rebound means the stock is “too expensive”, according to RBC Capital Markets which reiterated an ‘underperform’…
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