Maria Psarra, Head of Trading at ZAI Capital Markets, joined today’s Tip TV Finance Show, to share the outlook for single stocks – LGEN, SGP, SDR, and maintaining a bullish view on all the three.
Key points
- Legal & General Group PLC (L:LGEN): Looks good fundamentally, posted very strong results. First upside target at 270p, and breaking above this will pave way for 295-296p.
- Supergroup Plc (L:SGP): The share price was up 7% on the day after the results. Psarra maintains a bullish position on the stock.
- Schroders PLC (L:SDR): Very stable company. Pre-tax profit up by 21% for the 9 months of the financial year. Dividend yield at 3.08%. The AUM of the company is down, but will bounce back, says Psarra. The first target for the stock remains at 3330, and then 3420.