Proactive Investors News

Aston Martin offers “high return opportunity...with considerable degree of risk” says Citi

Aston Martin Lagonda Global Holdings PLC (LON:AML) is a high-risk, high-return bet on what should be a period of strong growth for the luxury high performance sports car sector, analysts at Citigroup say. “Rapid growth in the number and wealth of high net wealth individuals and relatively constrained supply should mean luxury high performance sports car automotive OEMs are in a unique position to grow earnings over the next five years,” the analysts said in a note to clients on Thursday. >>>

Avacta's revenues and cash ahead of expectation as it prepares to take its first drug candidate into the clinic

Avacta Group PLC (LON:AVCT) shares rose on Thursday as the firm said revenues and cash were ahead of forecast and the life sciences specialist reconfirmed plans to take its first drug into the clinic later this year. The developer of antibody-like proteins called Affimers said it had benefited from collaborations with companies such as LG Chem and ADC Therapeutics, which funded its R&D activities. READ: Avacta creates cell therapy JV with Korea's Daewoong Pharmaceutical And it expects to receive a boost this year from the recently-signed tie-up with Daewoong Pharmaceuticals. >>>

Base Resources confirms production upgrade after improved Q4

Base Resources Limited (LON:BSE), in a quarterly update, told investors that the Kwale mineral sands project has steadily increased production. Thanks to the improved performance Base Resources has upgraded its guidance for 2020. It now expects to produce 75,000 to 81,000 tonnes of rutile, up from a range of 64,000 to 70,000, and, 335,000 to 355,000 tonnes of ilmenite versus prior guidance of 315,000 to 350,000. Some 29,000 to 32,000 tonnes of zircon are projected, upgraded from prior guidance for 25,000 to 28,000 tonnes. >>>

Rightmove upped to ‘neutral’ as JP Morgan predicts “strong transformation” in online classifieds sector

Rightmove PLC (LON:RMV) has been upgraded to ‘neutral’ from ‘underweight’ and had its target price lifted to 658p from 433p by JP Morgan as analysts at the US investment bank eyed a “strong transformation” in the online classifieds sector. In a note to clients, JP Morgan said it was seeing a theme of “online classifieds 2.0” as industry players moved outside their established business models through dynamic pricing, better customer acquisition tools and new revenue streams. >>>

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Motley Fool UK

The Boohoo share price turned £10k into £128,200k in 5 years. Here’s what I’d do now

Multi-bagger Boohoo Group plc (LON: BOO) is aiming for global glory and might just do it, in my view.

The post The Boohoo share price turned £10k into £128,200k in 5 years. Here’s what I’d do now appeared first on The Motley Fool UK.

Forget the Tesco share price. I’d buy this FTSE 100 champion instead

The Tesco (LON: TSCO) share price remains a long way below its 2007 highs. But that doesn't mean it's a bargain, says Edward Sheldon.

The post Forget the Tesco share price. I’d buy this FTSE 100 champion instead appeared first on The Motley Fool UK.

Imperial Brands shares have rebounded. Here’s why I think they can keep rising

Sentiment towards Imperial Brands (LON: IMB) shares appears to be improving, says Edward Sheldon.

The post Imperial Brands shares have rebounded. Here’s why I think they can keep rising appeared first on The Motley Fool UK.