Aim-listed Inland Homes has seen its target price upgraded to 60p by brokers at Fincapp, who say the company is well placed to take advantage of the house price boom in the south east. “Unit sales will rise quickly from 55 in 2012 to over 240 by 2015,” the analysts said.
Analysts at Westhouse have upgraded Hochschild to buy with a target price of 200p following Wednesday’s acquisition announcement. They said the investment in a new mine is a “sensible, low-risk transaction, carried out at a fair price”.
Numis has downgraded banking giant Standard Chartered to “hold” with a target price of 1,500p. The analysts raised concerns about lower growth rates, the impact of exchange rates and “weaker financial markets volumes” in the third quarter of 2013.