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BofA stays at ‘hold’ on BAE Systems after sector conference
Analysts at Bank of America reiterated their ‘hold’ recommendation for shares in BAE Systems following the investment bank’s Global Industrials Conference, at…
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Canaccord raises target price on Ferguson
Analysts at Canaccord Genuity raised their target price on plumbing and heating products distributor Ferguson from 8,900.0p to 9,100.0p on Wednesday, stating…
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HSBC upgrades Standard Chartered, cites optimism on revenue growth
HSBC upgraded shares of Standard Chartered on Wednesday to ‘buy’ from ‘hold’ and lifted the price target to 550p from 430p as…
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‘Ample’ supply weakens case for oil ‘supercycle’ – IEA
Demand for oil is set to rebound sharply in 2021 but talk of a supercycle is exaggerated, the International Energy Agency forecast…
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Europe midday: Shares tread water ahead of Fed meeting; BMW powers ahead
European stocks were still treading water at lunchtime on Wednesday as investors took a cautious view ahead of the US Federal Reserve’s…
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Dominic Cummings calls for ‘urgent’ Covid-19 inquiry
Dominic Cummings said when lockdown ends Parliament should look urgently at what went wrong during the Covid-19 crisis. With ministers resisting the…
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Asia report: Markets mixed as investors await Powell’s remarks
Stock markets in Asia ended Wednesday in a mixed state, as investors waited with bated breath for the result of the Fed’s…
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Asia report: Markets mixed as investor’s await Powell’s remarks
Stock markets in Asia ended Wednesday in a mixed state, as investors waited with bated breath for the result of the Fed’s…
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Deutsche Bank downgrades TI Fluid Systems on valuation grounds
TI Fluid Systems was under the cosh on Wednesday as Deutsche Bank downgraded the stock to ‘hold’ from ‘buy’ on valuation grounds,…
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P&O to resume limited UK cruises for vaccinated passengers
P&O Cruises is to resume a limited UK service for vaccinated passengers this summer, Carnival said on Wednesday. The cruise operator will…
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