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WH Ireland reiterated the promotional products manufacturer’s “buy” rating, raising the target price to 925p. The broker said the firm’s most recent update “reconfirms the strong organic growth of the business” and said the increased target price reflected “the impressive ongoing business momentum”.
Shore Capital stated that it sees house stock Poundland as a group with “considerable scope to deliver attractive onward earnings”. The broker said the firm has augmented its strong core in the UK with an expansion that is “remarkably successful” in Ireland and with “acorns now planted” in Spain.