Broker Tips
Broker tips: BT Group, Randgold, Forterra
Investors in Vodafone and Swisscom should expect to see dividend cuts, analysts at Macquarie said.
US open: Stocks trading on either side of unchanged
Stocks on Wall Street are mixed, having recovered from another round of heavy losses at the opening bell, following a massive sell-off during the previous session, amid a spike in volatility and concern in some corners of the market regarding the likely pace of interest rate hikes by the Fed.
Macquarie expects dividend cuts at Vodafone and Swisscom
Investors in Vodafone and Swisscom should expect to see dividend cuts, analysts at Macquarie said.
Credit Suisse sees scope for higher than average dividend yields at Randgold
Analysts at Credit Suisse stuck by their 'neutral' recommendation on shares of Randgold Resources but expressed surprise at management's decision the day before regarding the size of its dividend payout and what that said about their willingness to return any excess capital to shareholders.
Numis expects 'broadly flat' sales from Britain's brick industry, but spies higher prices
Analysts at Numis Securities took a look at the current position of the brick industry in the UK on Tuesday, concluding that while sales volumes across the nation were expected to remain "broadly flat", supply and demand dynamics remained attractive, and forecast higher prices too.
Barclays upgrades Direct Line, expects it to be 'highlight' of results season
Barclays upgraded its stance on Direct Line to 'overweight' from 'equalweight' and lifted its price target to 413p from 384p as it took a look at motor insurers.
Tuesday broker round-up
Direct Line: Barclays upgrades to overweight with a target price of 413p.
Impact from short equity volatility set to fade, BofA says
A bubble might have popped on Monday, a bubble in equity volatility that is, according to analysts at Bank of America-Merrill Lynch.