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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
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Archive

Burberry, Experian, Domino's and more: What brokers said today

Disinflation and political risk are the two key themes driving market movements, according to the latest quarterly update from Aviva Investors.

"We expect the next 12 months to be somewhat of a tug-of-war for markets, as the disinflation process slows, while political risks rise," says Michael Grady, head of investment strategy and chief economist at the asset manager.

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Domino's Pizza Group PLC (LSE:DOM), the master franchise in the UK, is expected to see its share price benefit from a return to volume-driven delivery growth in the next two to three years, analysts believe.

RBC initiated its coverage of the fast food chain with an “outperform” rating and placed a 400p share price target, representing a 25% premium to its market value on Tuesday.

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Deutsche Bank has downgraded its Burberry Group PLC (LSE:BRBY) share price target in another sign of heightened uncertainty in the global luxury sector.

It follows a dramatic trading session on Monday that saw the British fashion institution’s valuation plummet more than 16% after parting ways with chief executive Jonathan Akeroyd.

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There’s a “bright outlook” ahead for oncology and dermatology technology specialist Incanthera PLC (AQSE:INC), according to a new research conducted by Stanford Capital Partners.

On a technical level, Incanthera’s Skin+CELL product addresses the problem of topically delivering B3 niacinamide compounds, which are effective in repairing skin damage caused by sun exposure and removing pigmentation and wrinkles past the upper skin barrier.

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Shares in fintech group TruFin PLC (AIM:TRU) tumbled 32% in the first hour of trading after it emerged that its Satago Financial Solutions business had seen the early termination of an agreement with Lloyds Banking Group PLC (LSE:LLOY).

Satago was providing the high street lender single invoice finance and whole-of-book invoice factoring services. TruFin said that Lloyds' decision does not reflect the quality or robustness of Satago's platform.

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Experian (LSE:EXPN) shares fell 2% after it was revealed that its chief operating officer Craig Bounds is jumping ship to run the American online protection specialist McAfee Corp.

His departure was announced alongside robust, but largely anticipated numbers for the third quarter. Overall, revenues from the credit checking giant were up 8% in the three months ended June 30, with the UK and Ireland region the laggard with growth of just 4%.

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The Markets
by Proactive
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