JPMorgan Chase analysts have an optimistic outlook on the semiconductor industry heading into 2025, with year-on-year sales growth projected between 10% and 12%.
This is expected to outpace the automotive and other industrial sectors thanks to ongoing demand for high-end artificial intelligence chips.
Deutsche Bank expects the UK retail sector to close 2024 on a strong note despite headwinds from falling consumer confidence and rising National Insurance costs following October’s budget.
Positive trends in November and December, including premium spending on food and experiences, disciplined markdown strategies, and increased online shopping, have provided some relief to retailers.
Panmure Liberum has downgraded IntegraFin Holdings PLC (LSE:IHP), owner of the Transact investment platform, to 'hold' from 'buy', citing reduced upside potential following a strong share price performance.
Analysts noted resilient flows and a year-on-year increase in assets under administration (AUA) in the company’s full-year results, which offset the impact of pricing reductions for customers.
Peel Hunt has increased its target price for NatWest Group PLC (LSE:NWG) from 450p to 470p, citing improved earnings prospects and sustained positive momentum heading into 2025.
The new valuation represents an 18% premium to the current 397p share price.