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RBC Capital cuts Rentokil price target

RBC Capital cuts Rentokil price target

(Sharecast News) - RBC Capital Markets cut its price target on Rentokil Initial on Wednesday to 575p from 610p as it downgraded forecasts for forex and a greater back-end loading of TMX synergies, but said it believes the long-term story remains intact. The bank said...

Apple shares hit by downgrade on iPhone 15 disappointment

(Sharecast News) - Apple futures were falling sharply on Tuesday morning after analysts at Barclays cut their rating on the stock from 'equal weight' to 'underweight'. The bank said iPhone 15 sales had been "lacklustre" and that strong growth in emerging markets...

Berenberg lifts target price for M&G but keeps ‘hold’

(Sharecast News) - Berenberg has hiked its target price for life insurance group M&G from 208p to 225p after updating its estimates for the IFRS 17 accounting adjustments. "M&G is one of the few companies in the insurance sector that has benefited from the transition...

Berenberg lowers Admiral to ‘hold’

(Sharecast News) - Analyst at Berenberg downgraded insurance group Admiral from 'buy' to 'hold' on Thursday but raised its target price on the stock from 2,543.0p to 2,961.0p, stating it was now "pausing for breath". Berenberg said Admiral has been one of the...

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