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Larger Companies

The events which could lift Indivior by 95%

Thursday 11 May 2017

Stockbroker Numis believes that shares in specialty pharmaceutical business Indivior ( INDV ) could surge by up to 95% over the next year thanks to three potential catalysts. Since its spin-off from Reckitt Benckiser ( RB. ) in late 2014, Indivior’s strategy has been built on its prescription...

Political anxieties weigh on shares in Fidessa

Thursday 04 May 2017

Investor opinion continues to be split on equities and derivatives trading platform supplier Fidessa ( FDSA ) in the wake of its latest trading update. We think the valuation looks too high given a lack of growth. A company statement on 27 April pointed to the uncertainty created by European...

Keep buying JD Sports for overseas success

Thursday 27 Apr 2017

Record full year results (11 Apr) from JD Sports Fashion ( JD. ) confirmed a third consecutive year of double digit store like-for-like growth from the core Sports Fashion business. Can it keep going? Toughening comparatives suggest this breathless same-store growth rate will be hard to sustain...

Comeback time for Primark owner

Thursday 20 Apr 2017

Trading well south of their £35.99 five-year peaks, this is an opportune moment to buy shares in Associated British Foods ( ABF ) at £26.97. This year should see profits rebound strongly as the conglomerate’s sugar earnings recover and Primark’s phenomenal store roll-out progresses. Liberum Capital...

Homeserve has a place in your portfolio

Thursday 13 Apr 2017

Dubbed the ‘fifth emergency service’, home emergency cover and repair services outfit Homeserve ( HSV ) is riding high after a strong trading update (6 Apr). We back the company’s assertion that concerns over new regulations and a rise in the insurance premium tax are overdone. The cash generative...

SSE dividend ‘safe for now’

Thursday 06 Apr 2017

Income seeking shareholders of SSE ( SSE ) can breathe a sigh of relief as the group reassures on its dividend next year despite a squeeze on earnings. The energy supplier says operating profit from its Networks business will be around £100m lower in the year to 31 March 2018 than the previous 12...

Next can be a retail safe haven

Thursday 30 Mar 2017

Hard-pressed clothing and homeware retailer Next’s ( NXT ) full year results (23 Mar) revealed a first profit decline in eight years. Yet a big sell-off in the shares presents a buying opportunity, in our view. No surprise following a post-Christmas profit warning, results for the year to January...

Is Debenhams doomed?

Thursday 23 Mar 2017

Heritage British retail brand Debenhams ( DEB ) is struggling for relevance in the new world of retailing. Throw in an uncertain consumer outlook and margin pressure from weak sterling into the mix and former Amazon executive and new CEO Sergio Bucher has his work cut out in reviving the department...

There is plenty of life left in Dignity

Thursday 16 Mar 2017

A correction at funeral services provider Dignity ( DTY ) has created a buying opportunity in a quality company. We consider the mark-down of this defensive, cash-generative outfit overdone and believe any obituaries to Dignity’s market share gain potential are premature. Not at death’s door Sutton...

Is it time to buy Amec Foster Wheeler?

Thursday 09 Mar 2017

A series of disposals may stave off the need for the big rights issue many investors fear will happen at energy services business Amec Foster Wheeler ( AMFW ) . Buy at 449.2p ahead of an investor day on 21 March which may help win over the market as Amec will be able to properly explain its...