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WH Ireland reiterated its “buy” rating following a trading update last week. The broker said the company had proved able to exploit opportunities which it has identified, resulting in very encouraging organic growth based on sustainable market share gains.
RAMBLER METALS & MINING
Cantor Fitzgerald reiterated its “buy” rating, stating that the firm’s results for 2014 reconfirmed the excellent start Rambler has made to “its life as a commercial mining company”. The broker added that it sees the potential for another year of production outperformance.
Westhouse Securities reiterated its “buy” rating ahead of its quarterly update later this week. The broker said it was positive on WPP’s ability to capitalise on a positive outlook for global advertising spend and noted that “a good deal of caution is built into its stock valuation”.