By Alexander Bueso
Date: Wednesday 30 Aug 2017
LONDON (ShareCast) - (ShareCast News) - Analysts at Liberum added Provident Financial (target price: 487p) , Pets at Home (target price: 145p), Anglo American and Domino's Pizza to their ten-strong list of 'Conviction Sells'.
Provident Financial? 'Forget it', Liberum said, explaining that it saw "no compelling reason" to own the shares - the severe devaluation in their price notwithstanding.
Pets at Home? "It's a value trap with significant pressure across the profit and loss," the broker said.
On a cheerier note, Rio Tinto, Burberry and M&S were taken off 'Conviction sell'.
Regarding the latter two, Liberum said: "we think recent strategic reviews have improved the risk-reward profiles."
On the other side of the ledger, as of Wednesday shares of SSP (target price: 600p) and Zoopla (target price: 450p) were listed as 'Conviction Buys'.
London-based SSP was described as a "structural winner" which was uniquely placed to capitalise on global investment in travel infrastructure and trends towards convenient food.
Meanwhile, Zoopla enjoyed exposure to a £3bn market opportunity that Liberum said had the potential to drive sustainable growth over the next five years.
Several other UK-listed outfits were among the broker's 'conviction buys', including ITV, TP Icap, Balfour Beatty, Howden Joinery and GlaxoSmithKline.
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Currency | UK Pounds |
Share Price | 1,520.00p |
Change Today | 15.00p |
% Change | 1.00 % |
52 Week High | 1,528.00p |
52 Week Low | 1,025.00p |
Volume | 12,867 |
Shares Issued | 11.34m |
Market Cap | £172.41m |
Value |
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Price Trend |
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Income |
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Growth |
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Latest | Previous | |
---|---|---|
Interim | Final | |
Ex-Div | 25-Jan-24 | 07-Sep-23 |
Paid | 16-Feb-24 | 29-Sep-23 |
Amount | 7.00p | 13.50p |
Time | Volume / Share Price |
16:16 | 650 @ 1,500.00p |
16:15 | 96 @ 1,528.00p |
16:04 | 34 @ 1,500.00p |
15:55 | 400 @ 1,500.00p |
15:53 | 1,711 @ 1,520.00p |
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