
A host of stocks in the oil sector were performing well on Wednesday after a £47bn takeover of BG Group by Shell sparked hopes it will trigger a new wave of industry consolidation. Larger players have held up well amid the oil crisis compared with their smaller peers and could now look to snap up st
Go-Ahead Group and Stagecoach shares were both rated 'buy' at investment banks HSBC and Nomura who on Wednesday coincidentally offered their updated views on the UK bus and rail transport sector. In separate notes, Nomura upgraded its rating on Go-Ahead to 'buy' from 'neutral 'while HSBC established
** Go-Ahead up 3 pct, on track for biggest one-day pct gain since June & among top FTSE 250 risers as Nomura upgrades to "buy" vs "neutral" ** Co has most attractive mkt exposure in sector, Nomura says, with 37% of FY16E EBITA from UK Regional Bus, 31% from London Bus & 32% from UK Rail