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Deutsche Bank lowers target price on Ibstock

Deutsche Bank lowers target price on Ibstock

(Sharecast News) - Analysts at Deutsche Bank lowered their target price on brick maker Ibstock from 170.0p to 150.0p on Thursday following the publication of the group's third-quarter trading update. Deutsche Bank said although its pre-tax profit forecasts for Ibstock...

Credit Suisse downgrades Schroders to ‘neutral’

Credit Suisse downgraded Schroders on Friday to 'neutral' from 'outperform' and slashed the price target to 470p from 510p, citing flow headwinds and cost inflation. CS said the downgrade reflects a 3%-9% reduction in its 2023-25 operating earnings per share...

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