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
Royal Bank of Scotland PLC (RBS.L) – Reported net attributable profit for Q1 beating the average analyst estimate of £319m 73% higher, coming in at £792m. It also beat on operating profit expectations of £699m coming in at £1.21bn, total income was also higher than expected at £3.20bn and impairment charges at £19m were much lower than expected. Closing price 272.97p (Bloomberg)
Computacenter PLC (CCC.L) – Reports its revenue for Q1 climbed 21% which was better than expected, with its group revenue higher by 31%. It expects 2018 to be a year of further progress for profitability as well as EPS. Closing price 1225.10p (Bloomberg)
Merlin Entertainments Inc (MERL.L) – Said its business in theme parks operating groups met expectations, however the earlier Easter period and poor weather affected a number of parks. Visitations in London division remains down y-o-y reflecting the strong trading in the previous year period and the impact from the 2017 terror attacks. Closing price 348.17p (Bloomberg)
Travis Perkins PLC (TPK.L) – Overall expectations for 2018 unchanged, cost reductions help to reduce the effect of “difficult” market conditions and poor weather. Like for like Quarterly sales climbed 3% and total sales up 2.4%. Closing price 1288.2p (Bloomberg)
Kaz Minerals (KAZ.L) – Announce it will scrap its secondary listing in Hong Kong due to a lack of appetite. Closing price 918.10p (Reuters)
(Sources: Company newswires, Bloomberg, CNBC, FT, Reuters, Wall Street Journal)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| BARCLAYS PLC | BARC | -1.1% | 1.0% | -3.8% |
| TAYLOR WIMPEY PLC | TW/ | -0.3% | -1.3% | -4.4% |
| EVRAZ PLC | EVR | 2.0% | 8.9% | 0.3% |
| ROYAL DUTCH SHELL PLC-B SHS | RDSb | -0.7% | -1.5% | -3.5% |
| MEGGITT PLC | MGGT | 0.0% | 2.5% | -0.1% |
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