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Liberum upgraded the video games retailer to a “buy” rating from “hold”, following a capital markets day which “showed that Game can develop and diversify sales and profits over the next 24 months”. While current trading is soft, the broker sees a strong games pipeline into the autumn.
Investec upgraded the oil services group from a “hold” rating to a “buy”, and said it likes the firm’s turnaround story. The broker also cited the company’s “ongoing efficiency improvements and growth potential” as reasons for the upgrade. Target price increased from 130p to 145p.
Numis reiterated its “buy” rating on the online business services firm, after it announced the launch of a new product for online gambling operator PokerStars. The broker said the deal is a “significant success” for SafeCharge and confirms its ability to establish new merchant relationships.