Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAVM.L Share News (AVM)

  • There is currently no data for AVM

Broker tips: Whitbread, SuperGroup, Avocet

Wed, 07th Sep 2011 12:43
Evolution Securities has confirmed its buy rating on coffee shop, restaurant and hotel owner Whitbread, saying that while the UK consumer outlook may be uncertain, "there is no evidence of the malaise affecting Whitbread"."This good performance is driven by product innovation, staffing to ensure minimal queues and good retail presentation. The one disappointment remains pub restaurants which have proved to be flat-footed recently after several years of outperformance," the broker said.The target price stays at 1,750p.With a massive increase in first quarter sales and a roll-out plan on schedule, Prime Markets has reiterated its buy rating on SuperGroup, predicting a bounce higher in the run up to Christmas."SuperGroup shares have since fallen sharply on the back of fears for the global economy, but unlike so many sector peers, the stock remained largely unmoved during the August market crash. This in the view of Prime Markets clearly indicates that the markets see good value in SuperGroup at current levels, particularly as the stock traded within a fairly tight range throughout the August turbulence," said the head of dealing at Prime Markets, Richard Curr.The broker sets its four-week target at 1,287p.After factoring in higher gold prices and a recent sale, Ambrian has raised the target price for AIM-listed gold miner Avocet Mining and confirmed a buy rating."Avocet unequivocally remains one of our top picks for gold exposure this year. The company has run from strength to strength this year from a corporate and operational perspective, and we see further potential in its developing asset base," said analyst Duncan Hughes.The target price is raise from 284p to 298p, reflecting the increase to the broker's short-term gold price assumptions (to $1,670/oz, $1,800/oz and $1,600/oz in the next three quarters, respectively).BC

Related News

Berenberg cuts Whitbread target price, flags ambitious five‑year plan
1 Jun 2026

Berenberg cuts Whitbread target price, flags ambitious five‑year plan

(Sharecast News) - Berenberg lowered their target price on Premier Inn owner Whitbread from 2,900p to 2,280p on Monday as it said the firm had deliver...

LONDON BROKER RATINGS: Deutsche Bank cuts Wickes, Dunelm, Currys
29 May 2026

LONDON BROKER RATINGS: Deutsche Bank cuts Wickes, Dunelm, Currys

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:

LONDON BRIEFING: Ocado teams with Asda; AstraZeneca drug gets US nod
29 May 2026

LONDON BRIEFING: Ocado teams with Asda; AstraZeneca drug gets US nod

(Alliance News) - Ocado Group strikes a deal with UK supermarket Asda, an AstraZeneca drug wins US approval to treat bladder cancer and Serabi Gold's ...

AVM.L News

Avocet Mining In Administration After Failing To Secure Investment
21 Aug 2019

Avocet Mining In Administration After Failing To Secure Investment

(Alliance News) - Avocet Mining PLC said on Wednesday that it has been placed in administration with immediate effect.The struggling gold miner on Aug...

Avocet Mining Investors Reject Voluntary Insolvency; Bankruptcy Looms
15 Aug 2019

Avocet Mining Investors Reject Voluntary Insolvency; Bankruptcy Looms

(Alliance News) - Avocet Mining PLC said Thursday shareholders had failed to carry a vote allowing the firm to pursue a voluntary insolvency and wind-...

UK Shareholder Meetings Calendar - Next 7 Days
8 Aug 2019

UK Shareholder Meetings Calendar - Next 7 Days

Friday 9 AugustAdamsAlpha Real TrustMonday 12 AugustNB Global Rate

Avocet Withdraws Liquidation Resolutions, Seeks Investment Options
16 Jul 2019

Avocet Withdraws Liquidation Resolutions, Seeks Investment Options

(Alliance News) - Avocet Mining PLC on Tuesday said it has withdrawn some resolutions from the general meeting scheduled to be held on Thursday.The go...

Avocet Mining To Pursue Liquidation After Sale Of Last Investment
28 Jun 2019

Avocet Mining To Pursue Liquidation After Sale Of Last Investment

(Alliance News) - Avocet Mining PLC on Friday said it has decided to liquidate the company and return residual assets, if any, to shareholders followi...

Avocet Mining Considers Future After Tri-K Asset Sale Settles Debts
18 Jun 2019

Avocet Mining Considers Future After Tri-K Asset Sale Settles Debts

(Alliance News) - Avocet Mining PLC said Tuesday it had sold its remaining interest in a Guinea gold mine for USD21 million as it looks to restructure...

Exillon Energy, Avocet Mining Suspended After Missing Results Deadline (ALLISS)
1 May 2019

Exillon Energy, Avocet Mining Suspended After Missing Results Deadline (ALLISS)

LONDON (Alliance News) - Shares in Exillon Energy PLC and Avocet Mining PLC were suspended on Wednesday as both failed to publish annual results on ti...

Avocet faces uncertain future due to Β£30m debt
1 Oct 2018

Avocet faces uncertain future due to Β£30m debt

(Sharecast News) - Avocet Mining saw its share price dive on Monday after the company warned that its future hinged on talks with its major lender and...