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Citi downgrades UK stocks to ‘underweight’

Citi downgrades UK stocks to ‘underweight’

(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...

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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