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The Markets
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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Oil & Gas

Drax, Ryanair, GSK: What brokers said today

Amazon.com Inc (NASDAQ:AMZN, ETR:AMZ) is changing the way its brick-and-mortar Fresh stores operate by scrapping its no-checkout ‘Just Walk Out’ technology.

In an interview with The Information, Amazon’s senior vice president of grocery stores Tony Hoggett said the tech will be replaced by ‘Dash Carts’, through which customers will scan items as they shop.

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GSK is in good shape even with the overhang of the Zantac litigation according to analysts at Berenberg.

Clear messaging on long-term targets and delivery in the interim is helping to build a more constructive dialogue with investors, says the bank.

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'Buy' Ryanair Holdings PLC (LSE:RYA) and 'sell' Wizz Air Holdings PLC is Liberum’s take on the latest passenger numbers from the budget airlines.

Ryanair passenger numbers were up by 8% year-on-year or a slight acceleration in volume growth compared to January and February.

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Drax Group (LSE:DRX)’s plan to incorporate carbon capture and storage into its bioenergy plant faces hurdles, leaving CitiGroup analysts cautious about the FTSE 250 firm.

“The whole equity story of Drax is hinged on development of bioenergy with carbon capture and storage,” the bank said in a note.

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AFC successfully validated its technology, H-Power Generator business model, and most importantly, customer demand over 2023, according to house broker Liberum.

A growing contracted order book, multiple routes to market and successful product deployments underlined the green power group's progress, added the broker.

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Renishaw PLC (LSE:RSW), the FTSE 250 engineering group, is trading more than 4% lower after Siemens denied takeover plans.

Reports claimed the German conglomerate had placed Renishaw at the centre of its takeover plans, but after a company statement on Wednesday kiboshed the rumours.

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