News Column

BESTof the BROKERS

July 30, 2014



STANDARD CHARTERED PLC JP Morgan Cazenove has upgraded to "overweight" from "neutral", also increasing the target price to 1,450p from 1,350p. The broker believes that some of the earnings headwinds facing the group could start to abate from the end of 2014, with risk reward geared towards the upside.


BTG PLC Jefferies has upgraded to "buy" from "hold", also upping the target price to 760p from 525p. The broker is more optimistic after the results of its survey of US physicians, suggesting more widespread and rapid adoption than expected of BTG's Varithena treatment for varicose veins.


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: City A.M. (UK)


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters