Broker Tips
Thursday broker round-up
Tullow Oil: RBC downgrades to Sector Perform with a target price of 275p.
Broker tips: Tullow Oil, Sainsbury's, Tesco, Standard Chartered
Analysts at RBC Capital Markets downgraded Tullow Oil on concerns about the oil and gas explorer's bid to shrink its debt burden through a rights issue.
Berenberg downgrades Standard Chartered over restructuring concerns
London analysts at Berenberg bank downgraded Standard Chartered to a ‘hold’ rating based on the ongoing restructuring programme at the bank, as well as concerns about the need to restart its capital return.
RBC Capital downgrades Tullow Oil after 'premature' rights issue
Analysts at RBC Capital Markets downgraded Tullow Oil on concerns about the oil and gas explorer's bid to shrink its debt burden through a rights issue.
Deutsche upgrades Tesco, downgrades Sainsbury
Tesco got a boost on Thursday as Deutsche Bank upgraded the stock to ‘buy’ from ‘hold’ and lifted the price target to 240p from 230p.