Broker Tips
Broker tips: Computacenter, Ascential, Rentokil
Barclays cut Computacenter to 'underweight' from 'equal weight' on Tuesday on valuation grounds.
Jefferies downgrades fully valued Rentokil
Analysts at Jefferies chose to downgrade their stance on pest control firm Rentokil on Tuesday, saying that the group's accelerated growth had brought it to full valuation and moved the stock from 'buy' to 'hold'.
Barclays downgrades Computacenter on valuation grounds
Barclays cut Computacenter to 'underweight' from 'equalweight' on Tuesday on valuation grounds.
Peel Hunt upgrades Ascential to 'add''
Peel Hunt upgraded Ascential - the owner of the Cannes Lions festival - to 'add' from 'hold' and lifted the price target to 515p from 400p as it updated its forecasts for the sale of the events business, moves in the dollar and the acquisition of global digital subscription business WARC.
Tuesday broker round-up
Hargreaves Lansdown: Numis upgrades to add with a target price of 2,198p.