(Sharecast News) - Citi has downgraded its average rating for UK stocks to 'underweight', saying the region's heavy exposure to oil could lead to a raft of earnings downgrades in the near future. "The UK economy is approaching an inflection point, with tailwinds from...
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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, as it said near-term uncertainty "thwarts underlying value". RBC said HL is a quality business with a customer...
Broker tips: Future, DotDigital, Kainos, Card Factory
JPMorgan Cazenove initiated coverage of media group Future on Wednesday with an 'overweight' rating and 2,500.0p price target, referring to the company as a "media powerhouse". JPM noted that Future operates a portfolio of brands covering 16 content verticals across...
Liberum raises target price on Card Factory
Analysts at Liberum raised their target price on greeting cards retailer Card Factory from 110.0p to 135.0p on Wednesday, stating the start of an upgrade cycle had set the group apart as "a top pick". Liberum said Card Factory's Tuesday trading statement led it to...
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Deutsche Bank initiates coverage of European clothing sector
Deutsche Bank initiated coverage on the European clothing sector on Wednesday, with a preference for "growth companies which have adapted...
Broker tips: MS, Coats, NCC Group
Berenberg lifted its price target on Marks & Spencer to 200.0p from 195.0p on Tuesday, as it highlighted a "strong" reopening recovery. It...
Canaccord Genuity downgrades NCC Group to ‘hold’
Analysts at Canaccord Genuity downgraded IT security firm NCC Group from 'buy' to 'hold' on Tuesday, citing valuation. Canaccord, which...
Jefferies starts Coats at ‘buy’ thanks to focus on sustainability
Analysts at Jefferies started coverage of Coats at buy telling clients that the company's "attractive" suite of sustainable products...
Retail sales grow at fastest pace since December 2014 – CBI
UK retail sales grew in August at the fastest pace since December 2014, according to the latest survey from the Confederation of British...
Berenberg lifts M&S price target, cites ‘strong’ reopening recovery
Berenberg lifted its price target on Marks & Spencer to 200p from 195p on Tuesday, as it highlighted a "strong" reopening recovery. It...
Berenberg says ‘buy’ energy, highlights Shell
Strategists at Berenberg recommended clients buy energy stocks, pointing to their attractions as 'value' plays, "strong" balance sheets...
ShoreCap stays at ‘buy’ on Sainsbury, says report of potential bid interest ‘flaky’
Analysts at ShoreCap stood by their buy recommendation for shares of Sainsbury given the improved strategic economic outlook for the...
JPMorgan upgrades Pearson, says shares oversold
JPMorgan Cazenove upgraded its stance on education publisher Pearson to 'overweight' from 'neutral' on Monday, lifting the price target to...
JPMorgan upgrades Pearson, says shares have oversold
JPMorgan Cazenove upgraded its stance on education publisher Pearson to 'overweight' from 'neutral' on Monday, lifting the price target to...
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