Broker Tips
Broker tips: Countryside Properties, Indivior, ASOS, DMGT
Goldman Sachs reinstated its coverage of Daily Mail and General Trust at 'sell' with a 674p price target on Monday, saying the recent rally had overlooked the business' skew to structural and cyclical headwinds.
Monday broker round-up
Codemasters Group Holdings: Peel Hunt initiates buy with a target price of 310p.
RBC, Jefferies affirm Indivior 'buy' rating after 'rollercoaster' court case
Analysts at Jefferies and RBC Capital Markets reiterated their 'buy' rating on drugmaker Indivior as the company received a "major boost to sentiment" in the wake of a favourable US court decision in its case against rival Dr Reddy's.
Goldman Sachs reinstates DMGT at 'sell'
Goldman Sachs reinstated its coverage of Daily Mail and General Trust at 'sell' with a 674p price target on Monday, saying the recent rally had overlooked the business' skew to structural and cyclical headwinds.
Deutsche Bank initiates coverage of Countryside Properties at 'buy'
Countryside Properties got a boost on Monday as Deutsche Bank initiated coverage of the housebuilder at 'buy' with a 426p price target.
Asos sell-off 'overdone', says Citi
With Asos shares down 25% from highs earlier this year on various investor concerns, analysts at Citigroup said that this was an overreaction and upgraded its rating on the shares to 'buy'.