Broker Tips
13 Feb
ep antenainmarsatla fragata cristobal colonla armada espanola
HSBC cuts target for Inmarsat on FX headwinds

Analysts at HSBC maintained their 'hold' rating on shares of mobile communications service provider Inmarsat on Tuesday, pointing out that as most of the firm's revenues, costs and capex were recorded in US dollars, recent gains in the pound would leave a dent in the firm's EBITDA.

13 Feb
London Stock Exchange AIM LSE shares
Broker tips: BP, Smiths, Imperial Brands

Morgan Stanley downgraded its view on shares of BP by one notch from 'overweight' to 'equalweight', predicting that management would continue to prioritise debt reduction over the dividend payout.

13 Feb
bp
Morgan Stanley downgrades BP, cuts target for Shell

Morgan Stanley downgraded its view on shares of BP by one notch from 'overweight' to 'equalweight', predicting that management would continue to prioritise debt reduction over the dividend payout.

13 Feb
ep antenainmarsatla fragata cristobal colonla armada espanola
Tuesday broker round-up

Inmarsat: HSBC reiterates hold with a target price of 530p.

13 Feb
imperial brands blu
Piper Jaffray cuts Imperial Brands to 'neutral', cites modest EPS growth outlook

Imperial Brands was under the cosh on Tuesday as Piper Jaffray cut the stock to 'neutral' from 'overweight' and reduced the price target to 2,800p from 3,500p, highlighting a cheap valuation but a modest earnings per share growth outlook.

13 Feb
smiths group, detection, air, security, xray, airline, airport
Barclays initiates Smiths Group at 'overweight'

Barclays initiated coverage of diversified engineer Smiths Group at 'overweight', with an 1,800p price target as it highlighted material change under the current management team.