Date: Tuesday 29 Jul 2008
At 342¼p, or 14 times next year’s earnings, and with its British business flat and sales not wholly immune to economic slowdown – whether in fine dining or through lower employment – short-term investors may wish to book profits in Compass, says the Times.
Costs are rising - as they are for all miners - but the strong trends in production and pricing give Petra confidence that the future, like its stones, is sparkling. After recent weakness, the shares look attractively priced for growth. Buy, says the Telegraph.
Pace shares, having had a good run in recent weeks, lost some momentum yesterday. There is still no dividend to speak of, but trading on 12.4 times forecast earnings, the shares look better value than they have done for some time. Worth another viewing, says the Telegraph.
The Telegraph says in March, it tipped Pearson as an opportunistic buy. Since then the price has fallen, in line with other media stocks, by over 80 to 606p, but it remains one of the more dependable companies in its sector. Investors with a longer-term view should hold on. The Times also says hold.
At 503p, WSP trades at nine times 2008 earnings, a discount to its peers. Given forecast growth this year of 19 per cent and modest net debt, that seems too low for a sector susceptible to consolidation. With other property-related stocks cheaper still, WSP is no more than a hold, says the Times.