Whitbread ‘preferred pick’ in leisure sector, says Barclays

by Annie Gomes | Sep 15, 2023

(Sharecast News) – Barclays said on Friday that Premier Inn owner Whitbread is its “preferred pick” in the leisure sector.
It said: “We believe UK RevPAR (revenue per available room) strength is more sustainable than the market expects when we reflect on: 1) optimistic spend intentions from our latest consumer survey, 2) constrained supply, 3) UK pricing still 13% below 2007 peak in real terms and 4) Premier Inn’s own pricing opportunity.”

Barclays rates the shares at ‘overweight’ with a 4,250p price target.

Berenberg raises target price on Moonpig following interims

Dec 8, 2023 | The Broker

(Sharecast News) - Analysts at Berenberg raised their target price on online greeting card and gifting platform operator Moonpig from 250.0p to 265.0p on Friday, stating it was "playing the right cards for growth". Moonpig released its interim results on Tuesday,...

RBC Capital downgrades Imperial Brands, slashes price target

Dec 8, 2023 | The Broker

(Sharecast News) - RBC Capital Markets downgraded Imperial Brands on Friday to 'sector perform' from 'outperform' and slashed the price target to 1,800 from 2,200p on the back of strong outperformance relative to British American Tobacco. The bank said that strong...

eEnergy enters into new contract with Utility Data Intelligence

Dec 8, 2023 | The Broker

(Sharecast News) - Energy services provider eEnergy said on Friday that it has entered into a new contract with Utility Data Intelligence for the provision of bureau services. eEnergy stated the new contract has an estimated annual value of £240,000, expanding the...