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: Spirent Communications, Cranswick

(Sharecast News) - Canaccord Genuity analysts trimmed their target price for Spirent Communications, but kept their recommendation at 'speculative buy'. They described the telecommunications testing company's interims as "soft" but said that orders had seen an "encouraging" pick up.

Furthermore, they 20% year-on-year dop in first half sales had already been telegraphed by the outfit in previous updates.

However, Spirent had managed its cost base "well" and there had been clear signs of improvement regarding demand and the outlook for the second half.

Canaccord trimmed its target from 250.0p to 240.0p but kept its recommendation at 'speculative buy'.

Analysts at Berenberg hiked their target price for shares of Cranswick.

In their view, the food producer would be able to continue outperforming rivals in terms of volumes.

They also said that high pork pricing would allow Cranswick to deliver better-than-expected outcomes.

And yet, the company's shares were changing hands around one standard deviation beneath its long-run historical averages.

Their target price was raised from 4,000.0p to 4,600.0p and reiterated their 'buy' recommendation.

Share this article

Related Sharecast Articles

Broker tips: Travis Perkins, Treatt
(Sharecast News) - Barclays has raised its rating on builders merchant Travis Perkins from 'equal weight' to 'overweight', saying that the stock is an "undervalued UK recovery play".
Broker tips: DCC, Shell
(Sharecast News) - RBC Capital Markets lifted its price target on DCC on Wednesday to 5,800.0p from 5,700.0p after the group published its full-year results a day earlier.
Broker tips: Greggs, Inchcape, Unilever
(Sharecast News) - Shore Capital has maintained a 'hold' rating on Greggs despite a strong start to the year from the bakery chain, saying that the shares look "up with events for now".
Broker tips: BAE Systems, IAG
(Sharecast News) - BAE Systems was under the cosh on Monday after Bank of America Merrill Lynch downgraded shares of the defence company to 'neutral' from 'buy'.

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.