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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.

FTSE 250 movers: Aston Martin motors on Barclays price upgrade

(Sharecast News) - Analysts at Barclays reiterated their 'overweight' stance and hiked their target price for shares of Aston Martin Lagonda ahead of the carmaker's next set of results on 26 July. Most importantly, following the company's Capital Markets Day and the recently announced deals with Geely and Lucid, they viewed Aston as more "derisked" and said that its potential had been "validated".

They expected Aston's second quarter earnings before interest, taxes, depreciation and amortisation to come in at £41m.

That would be in line or slightly ahead of the company's own guidance.

They also anticipated a "much higher" outcome in the back half of the year.

The target price was raised from 300.0p to 375.0p.

FTSE 250 - Risers

Aston Martin Lagonda Global Holdings (AML) 333.00p 4.78% Bakkavor Group (BAKK) 97.20p 3.18% Babcock International Group (BAB) 304.00p 2.01% Virgin Money UK (VMUK) 168.45p 1.51% Investec (INVP) 464.60p 1.20% Octopus Renewables Infrastructure Trust (ORIT) 91.40p 1.11% Domino's Pizza Group (DOM) 311.60p 1.10% Hikma Pharmaceuticals (HIK) 1,829.00p 1.05% Ninety One (N91) 169.00p 1.02% WH Smith (SMWH) 1,514.00p 0.80%

FTSE 250 - Fallers

4Imprint Group (FOUR) 4,500.00p -3.33% Warehouse Reit (WHR) 81.50p -3.32% Currys (CURY) 51.35p -3.30% JTC (JTC) 715.00p -3.12% Helios Towers (HTWS) 86.60p -3.02% Marshalls (MSLH) 249.00p -2.96% Mobico Group (MCG) 96.90p -2.91% Hammerson (HMSO) 24.32p -2.72% Safestore Holdings (SAFE) 855.00p -2.62% NCC Group (NCC) 99.40p -2.55%

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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.

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