The Week

…and some to sell

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Aberdeen Asset Management Sharecast

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.

Aggreko 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.

Foxtons London Evening Standard

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.

Game Digital 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.

Man Investors Chronicle

The market responded positively to the hedge fund manager’s acquisitio­n of property investment manager Aalto. But performanc­e and inflows are inconsiste­nt and the prospect of “meaningful” fees looks doubtful. Sell. 122.3p.

NCC Group Sharecast

Revenues are up but Canaccord Genuity is sceptical of the cybersecur­ity firm’s hopes for profit recovery: cash flow is declining and contracts cancelled or deferred. CG has slashed the target price to 194p. Sell. 228.5p.

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