Porsche AG (ETR:P911) has been backed with a ‘buy’ rating by Citi analysts, which downplayed fears over European car demand and pointed to confidence in a turnaround at the manufacturer.
Shares have faced a hefty drop over the past week, adding to a 28% fall for the year so far.
Success in clinical trials, using Ananda Developments Plc's (AQSE:ANA) cannabinoid formulations, could generate significant industry and clinical interest, according to broker SP Angel.
Liam Gascoigne-Cohen, analyst at SP Angel, in a recent research note highlighted that the planned trials would represent a significant validation of Ananda’s science-led approach and, significantly, that the Aquis quoted small-cap’s progress to date is “not fully captured” by the company market valuation.
J Sainsbury PLC (LSE:SBRY) on Friday announced the latest tranche of its £200 million share buyback scheme had commenced.
The final £50 million worth of shares would be bought back by February 24, a statement said.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) presents a very exciting opportunity as the explorer is now “on the cusp” of a transformation into a production company.
That’s the view of Panmure Liberum analyst Ashley Kelty, who in a note this week repeated a ‘buy’ recommendation and a price target of 3.6p – representing substantial upside to the current price on AIM of around 1p.
Lloyds Banking Group PLC (LSE:LLOY) shares risk further pressure until clarity surfaces on the Financial Conduct Authority’s motor finance commission probe and redress, analysts say.
Following a spate of updates surrounding the investigation this week, Jefferies analysts noted investors would “understandably” be drawn to stocks seen as less exposed.
LBG Media PLC (AIM:LBG) received a glowing write-up from Shore Capital Markets after the broker initiated coverage on the Lad Bible publisher this week.
Analysts praised LBG’s transformation from a single Facebook page to “a global digital entertainment business encompassing a portfolio of youth-focused brands and channels with an impressive and growing reach of over 1 billion viewers across multiple platforms”.
Investors in Quadrise PLC (AIM:QED) should be highly encouraged by Friday’s update, according to Shore Capital analyst Tom Fraine.
Quadrise, in a statement ahead of today’s AGM, confirmed the company’s expectation that a highly anticipated breakthrough deal is due to be inked with MSC before the end of 2024.