Panmure Gordon has a “buy” rating on the outsourcing firm and an 820p price target ahead of results on Wednesday. The broker expects eight per cent operating profit growth.
UBS has cut its rating from “buy” to “neutral” and slashed its target from 340p to 270p. The broker thinks the supermarket’s trading underperformance is getting worse.
Peel Hunt rates the retailer “hold” and has a target of 200p. The broker thinks Mothercare will unveil half-year losses of £5.3m on Thursday, and sees a risk of a full-year profit warning.