Barclays Capital has named six London-listed stocks to buy as it believes the U.K. stock market is currently "cheap" and "under-owned." Two of the investment bank's picks — Drax Group and IG Holdings — are also predicted to rise by more than 50% in the next 12 months, thanks to several policy tailwinds.
The investment bank said the clarity on windfall regulations set by the U.K. government, an attractive valuation, and a series of catalysts expected to come into play soon helps the stock's growth outlook. "Drax should see rising earnings upgrades as it starts to sell power beyond its current hedged position, at increasingly higher prices," the analysts led by Emmanuel Cau said. Barclays expects the stock to rise by 72% to £11 over the next 12 months.
Barclays you are free to buy them , I’m wondering why should tell everybody about it, I know why because you are selling the position of your clients . Manipulation, manipulation, manipulation…
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: DallasBizNews - 🏆 525. / 51 Read more »