Broker Recommendations

RBC Capital downgrades Mobico to 'sector perform'

By Michele Maatouk

Date: Tuesday 26 Mar 2024

(Sharecast News) - RBC Capital Markets downgraded Mobico on Tuesday to 'sector perform' from 'outperform' and cut the price target to 80p from 110p following the company's update a day earlier.
The bank said it was cutting its adjusted EBIT forecasts - mostly in German Rail - and incorporating a further...

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