Business & Development
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Recent sell-off in Spirax-Sarco shares “overdone”, says JP Morgan
(Sharecast News) – JP Morgan has lifted its target price for Spirax-Sarco, saying that the engineering group’s recent share-price weakness has been…
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RBC Capital cuts CMC Markets price target after profit warning
(Sharecast News) – RBC Capital Markets cut its price target on CMC Markets on Friday to 140p from 250p as it reduced…
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RBC Capital upgrades Convatec to ‘outperform’, hikes price target
(Sharecast News) – RBC Capital Markets upgraded ConvaTec on Thursday to ‘outperform’ from ‘sector perform’ and hiked the price target to 300p…
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Darktrace’s margin guidance cut not a big deal, says Berenberg
(Sharecast News) – Shares in Darktrace slipped on Wednesday morning after the cybersecurity firm cut its margin guidance for the current financial…
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Shore Capital upgrades B&M to ‘buy’ on Wilko deal
(Sharecast News) – Shore Capital upgraded B&M European Value Retail on Wednesday to ‘buy’ from ‘hold’ and lifted the fair value to…
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Bridgepoint acquires infrastructure specialist ECP in 835m GBP cash and share transaction
(Sharecast News) – Bridgepoint announced the acquisition of most of Energy Capital Partners in a cash and share transaction to create a…
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Morgan Stanley downgrades Hiscox, upgrades Lancashire
(Sharecast News) – Morgan Stanley has reassessed its performance ratings on stocks in the insurance sector, leading to a downgrade for Hiscox…
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Canaccord Genuity starts Trainline at ‘buy’
(Sharecast News) – Canaccord Genuity initiated coverage of Trainline on Tuesday with a ‘buy’ rating and 371p price target as it argued…
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JP Morgan downgrades B&M and Tesco on deflation risks
(Sharecast News) – JP Morgan has cut its performance rating for UK-listed stocks B&M and Tesco as part of its downgrade of…
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PZ Cussons offers to buy out Nigeria minority stake for ยฃ23m
(Sharecast News) – Consumer goods firm PZ Cussons has offered to buy out the minority-held shares of PZ Cussons Nigeria (PZCN) for…

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