Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Broker tips: Whitbread, Moneysupermarket.com

(Sharecast News) - Berenberg analysts reiterated their 'buy' recommendation and 4,000p target price for shares of Whitbread, saying that they liked its position as a leading operator in the UK midscale and economy hotel market. They also highlighted the company's pipeline for growth in both the UK and Germany.

"In recent quarters, the company has gone from strength to strength, continuing to outperform the wider market," they said.

Furthermore, they judged that Whitbread was capable of more than offsetting headwinds such as cost inflation so as to be able to grow its profit before tax in the UK in the 2024 financial year.

It would also be able to reduce its losses in Germany.

Analysts at ShoreCap reiterated their 'buy' recommendation on shares of Moneysupermarket.com on the back of the price comparison website's fist half figures.

Aside from "gently exceeding" the consensus, the results had called attention to ongoing progress in new product development, technology investment and on advancing initiatives to boost customer retention and cross-selling.

As a result, the analysts had bumped up their estimate for full-year 2023 earnings per share by 5% and raised their 'fair value' estimate to 349.0p.

Share this article

Related Sharecast Articles

Broker tips: Direct Line, Morgan Advanced Materials, Melrose Industries, Pan African Resources
(Sharecast News) - Jefferies downgraded Direct Line on Tuesday to 'hold' from 'buy' and cut its price target on the stock to 165.0p from 235.0p, stating the industry-wide turn to deflation meant that the time to raise prices ahead of inflation without materially contracting the policy count has now passed.
Broker tips: Trustpilot, Ceres Power, Vistry
(Sharecast News) - Deutsche Bank initiated coverage of review platform Trustpilot on Monday with a 'buy' rating and 331p price target.
Broker tips: Auto Trader, Great Portland Estates, Relx
(Sharecast News) - Analysts at Berenberg lowered their target price on Auto Trader from 880.0p to 830.0p on Friday, stating the group's "noisy" H1 had raised questions.
Broker tips: Burberry, Smith and Nephew, 3i Group
(Sharecast News) - RBC Capital Markets upgraded Burberry on Wednesday to 'outperform' from 'sector perform' and hiked its price target on the stock to 900.0p from 650.0p.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.