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Shore Cap reiterated its “buy” rating. The broker said that, with Bellway combining a small increase in sales volumes with slightly stronger selling prices and a modest increase in the gross margin, it was increasing forecasts for this year and next.
Analysts at Westhouse reiterated their “neutral” rating, citing interim results which “showed solid underlying momentum and modestly exceeded expectations”. The broker described Informa as a solid medium-term investment.
Cantor Fitzgerald reiterated its “buy” rating, and said the company continued to perform well in with the prospect of another year of robust operation and cash flow complemented by a firm commitment to resource and reserve replacement through exploration.