This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
The below stocks have been identified as having potential to register bigger than normal share price moves (up or down) today based on the news cited
AstraZeneca (AZN.L) – Pfizer is preparing to sweeten its bid to more than £63bn which may value that offer at more than £50 a share. Closing Price 4815.00p (Reuters)
InterContinental Hotels Group (IHG.L) – Return a special dividend of $750m to shareholders and was considering selling off more hotels as it posted its strongest room revenue performance in 7 quarters. Q1 global revenue per available room grew 6.0%, helped by 6.6% growth in its core North American market. Closing Price 2024.00p (Reuters)
Royal Bank of Scotland (RBS.L) – Trebled its profit in the Q1, only the sixth time it has reported a quarterly profit since the 2008 financial crisis. Attributable profit of £1.2bn vs £200m, Operating profit was £1.5bn vs 800m, Pre-tax profit was £1.6bn vs £300m expected. Closing Price 306.60p (Reuters)
For more information on any of these individual news items, call into the trading floor
This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research