Broker Tips
Ted Baker can cut a dash in challenging market, says Jefferies
Jefferies said it was confident Ted Baker can outperform and maintained its 'buy' recommendation after shares in the clothing retailer fell when it issued some cautious words about the US trading outlook.
UBS adjusts ratings on UK motor insurers after Ogden change
UBS adjusted its ratings on UK motor insurers on Friday to reflect changes to the Ogden discount rate used to calculate lump sum payouts for personal injury claims, which was recently cut to -0. 75% from 2. 5%.
RBC upgrades Provident Financial to 'outperform'
RBC Capital Markets upgraded Provident Financial to 'outperform' from 'sector perform' and upped the price target to 3,200p from 3,000p, saying risks were to the upside ahead of the upcoming capital markets day.
National Grid a good 'hedge against Trump rally', JPMorgan says
National Grid has a strong investment case as its earnings momentum accelerates and represents a hedge to a reversal of the ‘Trump’ rally, JPMorgan Cazenove said on Friday.
Broker tips: National Grid, Restaurant Group, SSE, motor insurers
National Grid has a strong investment case as its earnings momentum accelerates and represents a hedge to a reversal of the ‘Trump’ rally, JPMorgan Cazenove said on Friday.
Friday broker round-up
The Restaurant Group: Berenberg downgrades to Sell with a target price of 300p.
Potential energy tariff caps could weigh on SSE's performance, says HSBC
Analysts at HSBC have downgraded SSE, saying potential tariff caps enforced by the government could weigh on the energy supplier’s performance.
Berenberg downgrades Restaurant Group, sees more pain to come
Berenberg downgraded Restaurant Group to 'sell' from 'hold', keeping the price target at 300p following a strong rally in the shares.