…and some to hold, avoid or sell

Dunelm Group The Times

The homeware retailer has been hit by management turbulence and lower demand. But it is cash-generative, with a solid yield. Losses from acquisitions will lessen and sales should recover in the autumn. Hold. 485.5p.

Kier Group The Times

The collapse of Carillion is likely to continue to “colour sentiment” in the construction and services sector. Yet Kier’s profits are on track, its order book has increased and it is disposing of non-core assets. Hold. 975p.

Manx Telecom The Daily Telegraph

The broadband and telecoms provider’s forward yield of 6.7% is tempting. But earnings and free cash-flow cover are lower than ideal, while full-year results were “a bit mixed”. Sell. 175.5p.

Ocado Group Investors Chronicle

With five deals in place to supply technology to international partners, the grocer is set to become the “standard” for retail logistics. But its forward PE ratio now represents a triple-digit premium to its historic average. Hold. £10.22.

Purplebricks Group The Times

The online estate agent has spread widely across the UK, and has opened in Australia and the US. But, as losses grow, there are concerns that it is “moving too fast and spreading itself too thin”. Avoid. 325p.

Superdry Investors Chronicle

Shares in the fashion brand have fallen about 35% since January. But a special dividend – an effective 4.1% yield – is reassuring, and the group is focusing on its multichannel strategy to strengthen margins. Hold. £13.81.