Latest share tips: Whitbread, Card Factory & more

Here's your roundup of the latest share tips. See which companies the experts are buying, selling or holding this week.

Whitbread, Card Factory and Travis Perkins are among the companies under the spotlight this week.

Whitbread – BUY

Symbol: WTB.L

Index: FTSE 100

 

The hospitality group opened a new Premier Inn in Torquay this week and recently announced plans for 207 new central London rooms.

Ivor Jones, an analyst at Peel Hunt, expects Whitbread to continue achieving revenue growth as independent competitors struggle with inflation.

“As demand picks up, we expect pricing power to be re-established and for the share price to recover,” he said.

Card Factory – BUY

Symbol: CARD.L

Index: FTSE All-Share

 

Analysts aren’t expecting too many surprises when the card retailer delivers its preliminary results on Tuesday (30 April).

According to Adam Tomlinson, an analyst at Liberum, the company has returned to above pre-Covid revenue and its new management strategy is looking successful.

“Our unchanged target price of 175p suggests around 90% upside,” he said.

Travis Perkins – HOLD

Symbol: TPK.L

Index: FTSE 250

 

First quarter trading was tough with like-for-like sales falling 3.7% and analysts don’t believe the wet weather over Easter was helpful.

According to Sam Cullen, an analyst at Peel Hunt, work also continues to address the loss-making activities across the group.

“We sense there is value to be unlocked in Travis Perkins, but this would require a better market backdrop and more active portfolio management,” he said.

AJ Bell – BUY

Symbol: AJB.L

Index: FTSE 250

 

The investment platform’s second-quarter update showed surprisingly strong net inflows, up from £1.3 billion to £1.6 billion year over year.

James Allen, an analyst at Liberum, has rated the stock as a ‘buy’, with a target price of 390p.

“Customer growth has also continued unabated, up 10% year-over-year, and AJ Bell now has over half a million customers on the platform,” he said.

Persimmon – HOLD

Symbol: PSN.L

Index: FTSE 100

 

The housebuilder has delivered 1,027 homes in the first quarter – 10% below last year – but still expects to complete up to 10,500 this year.

According to Sam Cullen, an analyst at Peel Hunt, the average selling price across the group has also risen 6% to £283,000.

“First half performance should be weaker than the second half as lower average selling prices and embedded build cost inflation gnaw away at margins,” he said.

 

The information included in this article does not constitute regulated financial advice. You should seek independent, professional financial advice before making any investment decision.

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