Business & Development
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RHI Magnesita buys Indian refractory business
RHI Magnesita said it had bought the Indian refractory business of Dalmia Bharat Refractories in a share swap agreement. The deal will…
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Broker tips: Burberry, International Distribution Services, MJ Gleeson
Analysts at RBC Capital Markets raised their target price on fashion brand Burberry from 1,800.0p to 2,070.0p on Friday, citing the group’s…
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Liberum slashes MJ Gleeson price target
Liberum cut its price target on MJ Gleeson on Friday to 560p from 700p following an update in which the builder said…
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Barclays sees ‘compelling value’ in UK utilities after Budget clarity
Barclays said on Friday that the “energy tax overhang” was gone, as it welcomed the clarity brought by Chancellor Jeremy Hunt’s announcement…
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Berenberg lowers target price on International Distributions Services
Analysts at Berenberg lowered their target price on postal service operator International Distributions Services from 480.0p to 370.0p on Friday but said…
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RBC Capital Markets raises target price on Burberry
Analysts at RBC Capital Markets raised their target price on fashion brand Burberry from 1,800.0p to 2,070.0p on Friday, citing the group’s…
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Broker tips: Hargreaves Lansdown, Sage, Kape Technologies
RBC Capital Markets downgraded Hargreaves Lansdown to ‘sector perform’ from ‘outperform’ on Thursday and slashed its price target on the stock to…
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Canaccord raised target for Sage on ‘pretty good’ visibility
Analysts at Canaccord Genuity revised their target price for shares of accounting software designer Sage after the company guided towards an acceleration…
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Berenberg lowers target price on Kape Technologies
Analysts at Berenberg lowered their target price on cybersecurity firm Kape Technologies from 410.0p to 270.0p on Thursday, stating it still had…
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RBC Capital downgrades Hargreaves Lansdown to ‘sector perform’
RBC Capital Markets downgraded Hargreaves Lansdown on Thursday to ‘sector perform’ from ‘outperform’ and slashed the price target to 1,050p from 1,650p,…
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