Broker Shore Capital has reiterated its 530p price target on H&T Group PLC (AIM:HAT) stock following the pawnbrokers latest trading update.
“Overall, we view this as a solid trading update with no changes made to our full year forecasts ahead of the interim results that are scheduled for release on 20 August,” said analysts at the broker.
The pound dipped to near a two-week low on Tuesday against the US dollar but the British currency is predicted to romp higher in coming months, thanks to economic and political factors.
Sterling is the best-performing currency among the G10 currencies so far in 2024.
Broker Peel Hunt has maintained its buy rating on AFC Energy PLC (AIM:AFC, OTC:AFGYF) shares with a 125p price target following the company’s latest results.
Peel Hunt highlighted “several significant strategic milestones” in the reporting period, including a joint venture with Speedy Hire, the demonstration of a modular ammonia cracker system, and the Factory Acceptance Tests for 'S' Series fuel cell generators.
Compass Group PLC (LSE:CPG) reassured any investors who had been doubting the catering giant with quarterly results that ticked most boxes, with some analysts saying the company is now entering a "sweet spot".
Barclays analysts said expectations had been "low" going into the results today, after a recent warning by French rival Sodexo that sales were lower than expected.
Google parent Alphabet Inc (NASDAQ:GOOG) will post better than forecast financials when it reports on its second quarter today, that’s the view of Wedbush analyst Scott Devitt.
Ad spending in Google’s core Search business will be a driver to a performance that Wedbush predicts will see group revenue rise 13% year-over-year and slightly ahead of the market’s current consensus.
AJ Bell PLC (LSE:AJB) has a good long-term growth investment case, suggests Deutsche Bank, given it operates in a structural growth industry and could grow market share.
“There are some risks relating to interest income on uninvested client cash, but we are broadly comfortable with these overall,” adds the bank.
UK life companies are the standouts among the insurance sector, according to UBS, with all-in yields of 10.4% compared to 7.8% for the sector.
Legal & General Group PLC (LSE:LGEN) has been upgraded to buy but Aviva PLC (LSE:AV.) remains the preferred investment for the Swiss bank.