The Independent suggests investors keep buying shares in safe investment Rolls Royce and has offered similar buy advice for gaming giants Rank Group and for Finsbury Foods. The Telegraph, meanwhile, tips Centamin Egypt as a buy along with BAT and the Times recommends selling National Express to release a little profit but to hold Aegis in the hope of recovery. They also advise that Travis Perkins looks unlikely to make much progress in the near future.
Rolls Royce may be trading at 15.5 times its expected earnings, which is high even for them, but the Independent believes there’s no reason to worry and that investors should keep buying. Rank Group has been modernising its bingo halls and as a result has seen an increase in the number of players for the first time in 10 years. The Independent advises buying shares at a price of 12.7 times earnings.
Finsbury Foods suffered a fall in revenues to June but cost cutting and cost efficiency measures helped ensure that they still performed to expectations for profit levels. Shares look incredibly cheap, according to the Independent, so invest in Finsbury Foods stock.
Centamin Egypt posted mixed results with a dip in production but an expectation to meet targets. The Telegraph believes that a low share price makes stock a worthy purchase. Similar advice was also awarded to BAT shares as the company’s yield looks to outweigh the cost of investment. Buy says the Telegraph.
Aegis is expected to endure some tough times with regards to their share prices but hold is the advice from the Times. The Times also says that building group Travis Perkins will not enjoy any short term gains or growth while National Express investors may want to consider selling shares in order to take a little profit from their recent performances.
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