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The Markets
by Proactive
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

Archive

Qinetiq, Galliford Try, Intertek: What brokers said today

Marks and Spencer Group PLC (LSE:MKS)’s next major growth opportunity could be in the kidswear market as investors await the retailer’s latest move to build on strong momentum recently.

JPMorgan analysts noted on Monday that a 40% year-to-date gain in the company’s shares had left questions about what was next to come from the retailer.

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Bodycote Group (LSE:BOY) has been granted an upgrade by RBC analysts after a fall in its share price to what the bank labelled an “attractive entry point”.

Having fallen by 21% over the past three months, RBC said the heat treatment and specialist thermal processing services firm still held value.

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Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) stayed a 'buy' for its house broker Panmure Liberum after it reiterated production this year from the Blanket gold mine would hit between 74-78,000oz.

Third quarter output on a 100% basis (Caledonia owns 64%) was around 19,000oz.

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Bellway PLC (LSE:BWY) shares surged over 6% on Tuesday after the company reassured trading was improving thanks to a recovery within the housing market.

Though the FTSE 250-listed housebuilder reported a 62% slump in profit for 2023, lower mortgage rates were said to have boosted demand more recently.

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