Summary
DRIVER GROUP WH Ireland names Driver Group -- which provides dispute-resolution services to the construction industry --a buy. It says that the firm's trading over the first four months of the financial year has been in line with expectations, and forecasts "an impressive" 28% growth in earnings over the current financial year. The bank notes that the company is "not entirely immune from the wider economic backdrop" but believes it holds attractive counter- cyclical qualities and the potential to increase fees in London and in the Middle East.
It sets a 90p share price target.See the full content of this document
Extract
Buy ; Portfolio [Edition 3]
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