Tuesday broker round-up
(Sharecast News) - Taylor Wimpey: JP Morgan downgrades to neutral with a target price of 110p.
Read moreFri, 19th Feb 2021 11:58
(Sharecast News) - Taylor Wimpey: JP Morgan downgrades to neutral with a target price of 110p.
Read more(Sharecast News) - Shares of oil majors BP and Royal Dutch Shell powered Tuesday's bear market rally on the Footsie, alongside big advances for insurers and some beaten down travel stocks.
Read more(Sharecast News) - Stocks are putting in a decent bounce across the Continent, buoyed by reports of further fiscal stimulus in the pipeline.
Read more(Sharecast News) - Travel-related issues paced gains on the top-flight index as central banks on both sides of the Atlantic, including the Bank of England, US Federal Reserve, and European Central Bank carried out simultaneous emergency actions to help smooth over the dislocations in financial markets.
Read more(Sharecast News) - Oil prices have taken a fresh pounding, as the growing global lockdown and souring of relations between Saudi Arabia and Russia weigh heavily.
Read more(Sharecast News) - Analysts at JP Morgan downgraded their recommendation for shares of Royal Dutch Shell 's B shares from 'overweight' to 'neutral' on the back of the recent "breakdown" in relations among OPEC+ members that had resulted in a crude oil price crash.
Read more(Sharecast News) - Goldman Sachs has cut its forecasts for crude oil prices following a dispute between Russia and Saudi Arabia, warning that they could fall as low as $20 a barrel.
Read more(Sharecast News) - Crude oil futures are hurtling lower following Saudi Arabia's decision to slash its official selling price, marking the start of a price war after the Organisation of Petroleum Exporting Countries's failure to strike an agreement with the Russian Federation during the previous week to curb production.
Read more(Sharecast News) - London equity markets finished near their worst levels of the session on Friday, with oil and gas shares under the cosh after the Russian Federation refused to go ahead with another oil output cut alongside the Organisation of Petroleum Exporting Countries.
Read more(Sharecast News) - Russia is willing to extend the existing oil output curbs agreed with other OPEC+ countries until June, but for the moment refuses to participate in extra reductions.
Read more(Sharecast News) - Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell's latest annual LNG Outlook published on Wednesday.
Read more(Sharecast News) - Hargreaves Lansdown: Liberum upgrades to buy with a target price of 2,125p.
Read more(Sharecast News) - In her 'Inside the City' column for the Sunday Times, Jill Treanor wrote that after her appearance at the World Economic Forum in Davos last week, Greta Thunberg's message should have reached every corner of every boardroom by now.
Read more(Sharecast News) - Central banks will be front and centre on investors' minds over the coming week, with the Bank of England possibly set to cut interest rates and the US Federal Reserve having the power to stop the current sharp gains in the stockmarket in its tracks, according to analysts.
Read more(Sharecast News) - B&M: Citigroup downgrades to neutral with a target price of 405p.
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