Aberdeen Asset Management
Brokers at Jefferies are more upbeat about the asset manager than they were post-referendum. But they’ve downgraded Aberdeen to “underperform”, arguing that benefits of weak sterling are already priced in. Sell. 329.4p.
The Mail on Sunday The equipment rental firm’s share price has halved and margins have fallen by a quarter. Panmure Gordon fears pricing is a “perennial concern” and thinks shares could fall further. Sell. 820.5p. Peel Hunt is concerned that the London-focused estate agent is “stymied... by its high commission rates”. Sales are falling, and the broker thinks that Foxtons will sell fewer houses this year than in 2011. Sell. 96.25p.
Investors Chronicle The video game retailer is revamping its business into growth areas, but is suffering from flagging demand for older games and consoles. Shares have tumbled and the backdrop remains challenging. Sell. 70p.