Investors seeking exposure to the European fashion retail sector would be wise to consider Zara’s Spanish owner Inditex over Swedish rival H&M, reckon Citi analysts.
In initiation coverage on the pair, Citi highlighted Inditex’s markdown strategy and pricing architecture as key to its investment thesis.
Learning Technologies Group PLC (AIM:LTG, OTC:LTTHF) should consider a return of capital to rebuild its share price after the recent profit warning, suggests Panmure Liberum.
VectorVMS’s recent disposal highlights the potential underlying value but what unlocks that questions the broker - a return to organic growth, acquisitions or return of capital?
Storage group Big Yellow Group PLC (LSE:BYG) has been upgraded to a buy by the brokers at Citi, who see a new cyclical upside coming into view.
“Our confidence is building about the beginning of the next cycle and we expect valuation multiple expansion ahead of fundamental growth.
OSB Group PLC's (LSE:OSB) latest numbers were not very good, suggests broker KBW.
A pre-provision profit of £240m from the specialist mortgage lender was down by 7% and completely due to lower net interest income (both margins (principally) and volumes missing expectations).
British pharma multinational GSK PLC (LSE:GSK, NYSE:GSK) has persistently been undervalued against its international peer set due to merited fears over the high-profile Zantac litigation.
But with recent victories in the US courts, is this discount beginning to look unfair?
Inspired PLC (AIM:INSE)'s update indicated trading was in line with expectations, said broker Panmure Liberum, but more notable was the end of the much-disliked deed of variation with the owners of subsidiary Ignite.
Good progress was made across Inspired’s four divisions in the six months, though the full-year outcome will depend on a small number of significant optimisation contracts.