Summary
BUY DAVIS SERVICE GROUP UBS advises shareholders to invest in Davis Service Group, a textile specialist involved in linen hire and laundry. It has increased the firm's price target from 280p to 335p, after DSG last month issued a trading update demonstrating an 8% rise in revenue and a modest increase in profit. The shares today rose 11p to hit 326p.
SELL AVEVA Altium Securities has slashed its rating of engineering firm Aveva from hold to sell. It says that the recent sharp bounce in the firm's share price is based on a prediction of a rapid recovery in earnings, but sees this as "unduly optimistic" in the current macroeconomic climate. The shares fell 171/2p to 7371/ 2p.See the full content of this document
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Portfolio [Edition 2]
HOLD SHAFTESBURY Go...
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