Panmure has started covering the publishing distributor and aviation services group with a ‘buy’ rating and 877p target. The broker thinks the shares will benefit from aviation growth.
UBS reiterates its ‘buy’ rating and raises its target price to 2,180p on the natural resources firm. The broker remains keen on the firm’s low cost position and diverse commodity mix.
Numis keeps its ‘reduce’ rating for the building materials company, and keeps its target price at 1,200p after interim results. The broker thinks the European market will take time to recover.