The business outperformed expectations in FY16A, produced a strong start to FY17E and is outperforming expectations for FY17E as alluded to in the AGM statement. This is the catalyst for increasing our forecasts and price target, we reiterate our Buy rating on the stock.
11 Jul 2017
Positive AGM statement, catalyst for upgrades
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Positive AGM statement, catalyst for upgrades
B90 Holdings plc (B90:LON) | 3.1 0 (-4.6%) | Mkt Cap: 13.6m
- Published:
11 Jul 2017 -
Author:
Michael Campbell -
Pages:
16
The business outperformed expectations in FY16A, produced a strong start to FY17E and is outperforming expectations for FY17E as alluded to in the AGM statement. This is the catalyst for increasing our forecasts and price target, we reiterate our Buy rating on the stock.