Consumers have never had it so good, says UBS, which is not necessarily good news for retailers.
It’ll soon be time for summer holidays, but first City brokers handed out a upgrades in the travel and leisure sector.
The magnitude of the Fyffes’ upgrade is significant, Davy says
Home builder Berkeley Group (LON:BKG) received a broker stamp of approval on Thursday after yesterday reporting annual profits, which beat expectations.
City firm Investec reckons Premier Foods (LON:PFD) is tasty and has upgraded the share to 'buy' from 'hold'. It also punts up the target price a tad - to 51p from 47p each.
Imperial Tobacco is back on the radar of Credit Suisse with an ‘outperform’ rating.
German bank Berenberg has puffed up its target price on British American Tobacco (LON:BATS) to 4,000p from 3,850p and repeated a 'buy'.
Berenberg equity analyst, Michelle Wilson, believes a strong online presence is not enough for retailers.
A case of good riddance? City brokers see Royal Mail and RBS as 'buys' as Osborne seeks exit door
SocGen has shuffled its pack of mining majors
Netflix has added more subscribers in one year than Canal or Sky did in twenty.