Daily Mail

TRADER TIPS

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What City insiders are recommendi­ng . . .

BUY THIS: Keller ANALYSTS at Peel Hunt backed Keller, a ground engineerin­g contractor which prepares sites for constructi­on work.

Peel Hunt praised its £64.1m deal last week to buy US counterpar­t Moretrench.

In a note it advised investors: ‘The deal makes the group the clear leader on the US East Coast and, before any synergies are taken into account, we expect 5pc earnings enhancemen­t in 2019.’ SELL THIS: Provident Financial BERENBERG recommends that investors ditch shares in doorstep lender Provident Financial as it faces a regulatory clampdown.

The City watchdog is expected to bring in tougher rules for credit card and high-cost credit providers.

Berenberg said: ‘Although it is unlikely that any of the new regulation will be catastroph­ic, we do think it has the potential to reduce both profitabil­ity and growth.’

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