Panmure Gordon’s latest “buy” rating for the marketing campaign management firm could stick, given the pace of the sector. The broker notes several “nifty’” new products launched by the company as well as operational momentum, at a time when mergers and acquisitions in the marketing software segment “continues apace”.
Collins Stewart rates the oil and gas exploration company a “buy” despite adverse share reaction after it failed to secure a venture in Romania which saw its shares dive. Collins Stewart viewed the reaction as “overdone” and valued the firm highly due to its “solid base of producing assets and strong operating cash flow”.
MICRO FOCUS INTERNATIONAL
Panmure Gordon rated the firm a “buy” ahead of the Christmas break. The company’s shares had been oversold after the market was spooked by chairman Kevin Loosemore selling down a third of his holding. The broker believes fears to be unfounded, as Loosemore had recently purchased property.