Broker Tips
Broker tips: G4S, BP, Shell, Ashtead
Security services and solutions outsourcer G4S is approaching a trough in its growth profile thanks to its leadership position in the cash handling market, supported by quicker growth in emerging markets, analysts at UBS said.
UBS sees inflection point in G4S growth in second quarter
Security services and solutions outsourcer G4S is approaching a trough in its growth profile thanks to its leadership position in the cash handling market, supported by quicker growth in emerging markets, analysts at UBS said.
Morgan Stanley ups targets for BP and Shell, despite 'peak oil demand' concerns
Analysts at Morgan Stanley revised their price targets for a broad swathe of the European oil majors higher, despite 'peak oil demand' concerns in the marketplace, naming BP and Shell as their 'top picks' in the process.
Ashtead's 'overweight' rating reiterated by JP Morgan, target price upped
Analysts at JP Morgan Cazenove revised their target price for Ashtead Group' s shares from 2,400p to 2,450p and reiterated their 'overweight' rating on the same, highlighting the 'rare' opportunity for the company, which was already a market leader in the US, to continue growing its market share in that North American market.
Monday broker round-up
Thomas Cook Group plc: Morgan Stanley upgrades to overweight with a target price of 140p.
2018 outlook for miners compelling, Barclays says
The outlook for miners remains "compelling", analysts at Barclays told clients, pointing to a raft of positive drivers for the sector.