Citi raised its price target for Currys PLC from 168p to 184p and maintained a 'buy' rating following the retailer's reported adjusted pre-tax profit of £191 million. Separately, the bank noted that Associated British Foods' completed acquisition of Hovis may modestly impact 2027 earnings. Additionally, Citi reiterated a 'buy' rating on Weir Group PLC despite trimming its price target to 3,150p, citing value following a recent sell-off.
Citi maintains its buy rating on Weir Group PLC, citing attractive valuation after a recent sell-off despite lowering its price target to 3,150p.
Read the full storyThe acquisition of Hovis has been finalized following CMA approval, with analysts expecting the deal to become accretive to earnings by 2028.
Citi raised its price target for the British retailer to 184p with a buy rating after the company reported annual profits of £191 million.