Broker Tips
Broker tips: LSE Group, Next
Analysts at Berenberg reiterated their 'buy' rating on the London Stock Exchange Group on Monday, saying it was "well placed" to exploit two of the most "robust structural trends in the finance industry".
Berenberg reiterates 'buy' rating on the LSE
Analysts at Berenberg reiterated their 'buy' rating on shares of the London Stock Exchange Group on Monday, saying it was "well placed" to exploit two of the most "robust structural trends in the finance industry".
Credit Suisse downgrades Next on margin attrition
Next was under the cosh on Monday after Credit Suisse cut the stock to 'underperform' from 'neutral' and slashed the price target to 4,800p from 5,800p following the company's trading statement earlier this month.
Monday broker round-up
Next: Credit Suisse downgrades to underperform with a target price of 4,800p.
UK equities looking 'particularly attractive', says Morgan Stanley
Since the global selloff at the end of last year, UK equity valuations are looking "particularly attractive", Morgan Stanley has told clients, suggesting banks could see the biggest bounce from a postive Brexit outcome.