Broker Tips
Jefferies upgrades Kingfisher to 'buy', raises target price
Analysts at Jefferies upgraded home improvement products retailer Kingfisher (KGF) to 'buy' from its previous 'hold' rating on Wednesday, raising its target price from 310p to 400p along the way.
Fresh elections in Germany still most likely outcome, Berenberg says
The German state has not been left moribund by the recent failure of talks aimed at forming a new coalition government, nor will it significantly derail a push for reforming the euro area's architecture or the Brexit negotiations, a top-rated economist said.
Broker tips: Reckitt Benckiser, QinetiQ, EasyJet
JP Morgan has upgraded its view on shares of Reckitt Benckiser, with its analysts pointing to potential upside in the firm's earnings per share in fiscal year 2020 and the potential for shifts in the company's portfolio of assets to unlock value.
Wednesday broker round-up
Reckitt Benckiser: JPMorgan upgrades to Overweight with a target price of 7500p.
Investec upgrades EasyJet despite "disappointing" results
Analysts at Investec lifted their target price on shares of EasyJet, despite the company's "disappointing" (albeit in-line with guidance) results the day before in comparison to those from its peer group.
JP Morgan upgrades Reckitt Benckiser, sees scope for M&A in medium-term
JP Morgan has upgraded its view on shares of Reckitt Benckiser, with its analysts pointing to potential upside in the firm's earnings per share in fiscal year 2020 and the potential for shifts in the company's portfolio of assets to unlock value.
QinetiQ 'largely shielded' from UK short-cycle pressures, Berenberg upgrades
QinetiQ shares have been "disproportionately" affected by wider bearishness on the sector after the profit warning from peer Ultra Electronics, said Berenberg, upgrading to 'buy' from 'hold'.
Wurst is not over for Devro, says Berenberg
A pioneer in the sausage casings market, Devro now faces major growth challenges, said analysts at Berenberg, beginning coverage of the stock with a 'sell' recommendation.