BROKER FORECASTS
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Broker Forecast News

  • Equity research analysts at Credit Suisse upgraded their investment rating on housebuilder Barratt Developments (LON:BDEV) to 'outperform' from 'neutral', believing the renewed focus on earnings margin will drive an 110bps increase in margins...
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  • Numis downgraded its recommendation on Beazley (LON:BEZ) to 'hold' from 'add' after updating its forecasts to include the insurance company's initial cost estimate for hurricanes Harvey, Irma, Maria and the Mexico earthquakes. The broker said:...
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  • Berenberg Bank upgraded its recommendation on Hotel Chocolat (LON:HOTC) to 'buy' from 'hold' following the recently released full-year results and given its "sweeter" valuation. The bank highlighted the 12 per cent year-on-year increase in...
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  • JP Morgan Cazenove downgraded its investment rating on housebuilder Countryside Properties (LON:CSP) to 'neutral' from 'overweight', whitch it said was following the recent strong share price performance. The shares are up 42 per cent in the past...
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  • Credit Suisse double-downgraded its recommendation on TalkTalk (LON:TALK) and moved straight to 'underperform' from 'outperform', believing structural headwinds are growing for the telecoms group. Analysts said: "Following a change of management...
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  • Jefferies has upgraded its recommendation on Royal Bank of Scotland (LON:RBS) to 'buy' from 'hold' after increasing its earnings estimates by an average of 10% across 2017 to 2020, given changes to the UK rate outlook. The broker said: "The key...
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  • RBC Capital believes Tullow Oil (LON:TLW) is gaining momentum as it restarts the development of TEN and resolves the Jubilee turret issue. The bank added: "combined with a firmer oil price these fields should underpin a year-end refinancing that...
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  • HSBC has taken a positive view of John Laing Group (LON:JLG), specifically highlighting its rising pool of investment opportunities in infrastructure and renewable energy, as well as believing it to be an undervalued growth stock. The bank said...
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  • Numis has upgraded IG Group (LON:IGG) to an add rating (from hold) after the online financial trading company delivered a strong first quarter performance. The broker increased its estimates on the back of the results and upped its target price...
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  • Equity research analysts at HSBC upgraded their recommendation on transport company Stagecoach (LON:SGC) to hold (from reduce), following the share price weakness and ahead of the trading update on 28 September. The bank commented: "Long term, we...
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