Broker Tips
Canaccord lowers target price on 'still attractive' GBG
With GBG's emphasis switching from income to capital growth, analysts at Canaccord Genuity lowered their target price on the internationally focused insurance and benefits provider on Monday.
Broker tips: G4S, GBG, Rotork
Kepler Cheuvreux initiated coverage of G4S with a ‘buy’ rating and 310p price target as it said that new management’s "less is more" strategy is about to deliver a significant boost to the group’s profitability while putting the security company on a steadier growth path.
Credit Suisse downgrades Rotork on valuation grounds
Credit Suisse downgraded actuator manufacturer and flow control company Rotork to 'underperform' from 'neutral' on valuation grounds.
Kepler Cheuvreux starts G4S at 'buy'
Kepler Cheuvreux initiated coverage of G4S with a ‘buy’ rating and 310p price target as it said that new management’s "less is more" strategy is about to deliver a significant boost to the group’s profitability while putting the security company on a steadier growth path.