TRADER TIPS

What City insiders are recommending . . .

BUY THIS: Indivior

JEFFERIES reiterated its ‘buy’ rating on drug firm Indivior.

Sales rose 3pc to £1.09bn in 2017 as the US opioid addiction crisis grew. It has been described by President Trump as a public health emergency.

Reiterating their 500p price target, analysts said Sublocade, its newly approved version of opioid addiction drug Suboxone, was key, even if the impact on performance would not be seen until interim results in July.

SELL THIS: The Restaurant Group

ANALYSTS at Berenberg believe it is time to ‘sell’ The Restaurant Group, owner of High Street favourites such as Chiquito, Garfunkel’s and Joe’s Kitchen.

They also slashed Restaurant Group’s price target to 230p from 300p.

The struggling company, which reported a 1.8pc fall in total sales last year, is looking to ramp up its presence in airports and pubs.