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Panmure Gordon reiterated its “buy” rating on the residential care homes business after a positive half-year update confirming that trading for the first half of the year is in line with expectations. The broker said: “This is a well-resourced business delivering on plan.”
Numis reiterated its “add” rating on the manufacturing group, noting that results for the first half of the year were “solid”. The broker highlighted that the market “had been discounting a profits warning that has not occurred” so shares in the company “should continue to rally”.
WH Ireland reiterated its “buy” rating for the interior furnishings firm after the group posted full year results ahead of expectations. The broker noted that investment has continued to be made across the entire business, “which will all help to underpin growth over the coming years”.