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Cantor Fitzgerald has raised its target price for the owner of the Superdry fashion label to 1,650p from 1,400p and kepts its “buy” recommendation. The broker expects the retailer to report third quarter like-for-like sales growth of three per cent and retail sales up by 14 per cent on Thursday.
Compass shares have underperformed the FTSE during the past month due to emerging market concerns, but Deutsche Bank has kept its 1,025p target price and continues to rate the stock as a “buy” thanks to its ability to deliver strong earnings per share growth and its exposure to the US.
Canaccord Genuity has initiated coverage on the Warwickshire-based maker of cast iron cookers with a target price of 300p and a “buy” recommendation ahead of its final results in March. The broker believes the group’s recovery prospects are “compelling” helped by a rise in mortgage approvals.