TRADER TIPS

What City insiders are recommending . . .

BUY THIS: Virgin Money

INVESTEC reckons that small bank Virgin Money will shrug off a crackdown on credit card lending by the Bank of England.

Analyst Ian Gordon said the business is ‘well ahead of the game’ and started to become more discerning about its debtors back in 2016.

He has given shares a target price of 430p – well above Friday’s close of 275.8p.

SELL THIS: Debenhams

ANALYSTS at Liberum Capital have a ‘sell’ rating for the department store chain.

Debenhams is one of Britain’s most shorted stocks – meaning investors are betting its share price will fall.

It shares are already down 44pc over the past year.

Department stores are expected to be hit particularly hard by growing competition from online players.