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Canaccord Genuity initiated coverage on the challenger bank with a “buy” rating, and said the firm benefits from strong customer loyalty evidenced by current retention rates. The broker added that good brand recognition and links into the intermediary market should aid in achieving growth targets.
Arden Partners initiated coverage on the oil exploration company with a “buy” rating. The broker said the firm’s Sea Lion asset in the Falkland Islands is “undervalued at current levels” and added that while the main risk is the progression of Sea Lion, “the value to be had is attractive”.
Panmure Gordon reiterated its “buy” rating on the healthcare information specialist, after 2014 results were in line with expectations. The broker expects no major changes to headline expectations, and added that a robust order book and a healthy contract pipeline continue to underpin its positive stance.