…and some to hold, avoid or sell
A.G. Barr
The Daily Telegraph
The Irn-Bru maker has maintained margins, despite hospitality closures. Thanks to powerful brands, efficiencies and a strong balance sheet, there’s potential for gains when demand recovers. Hold. 497p.
Carnival
ShareCast
Analysts at Berenberg have lowered their rating for the cruise ship operator from “hold”, citing significant headwinds for the industry not yet factored into the group’s price, which they target at £10. Sell. £13.06.
Hays
The Sunday Telegraph
The world’s largest whitecollar recruiter is treading water in stricken times. Strong finances, its market-leading position and a focus on temporary workers in the IT and digital economy are reassuring. Hold. 155p.
MoneySuperMarket.com
ShareCast
Liberum has cut its rating on the price comparison site, fearing that the ban on charging existing customers a “loyalty penalty” will hit core revenues. Increased competition from Go Compare is also a concern. Hold. 261.8p.
Ocado
Investors Chronicle
Shares in the online grocer have soared 117% in the pandemic, but food remains low-margin and low-profit and competition is increasing. Although revenues are up 35% Ocado doesn’t turn a profit. Sell. £26.63.
The Times
Covid has boosted user numbers and revenues – derived from advertising and licensing data – have surged. But the platform faces scrutiny over censorship, and shares are very expensive. Avoid. $67.77.