Exact(4)
But Oriel took the opposite view, beginning coverage of the company with a sell recommendation.
Elsewhere Next dipped 8p to £35.42 despite Credit Suisse beginning coverage of the fashion retailer with an outperform rating and a target price of £42.
Beginning coverage of Poundland - one of the many problems plaguing Tesco at the moment - with outperform rating and 400p target price, Exane analyst John Kershaw said: Poundland is a price-disruptive UK retail roll-out story with best-in-class execution, consolidation potential and international optionality.
A Google search suggests that beginning coverage on the date of purchase, rather than the delivery date, is the norm for U.S. businesses.
Similar(54)
On Wednesday, Goldman Sachs began coverage of Penney's unsecured debt with an underperform rating.
Aberdeen Asset Management added 4.1p to 479.1p after Berenberg bank began coverage with a buy recommendation.
The brokerage house Thomas Weisel began coverage of the stocks by rating them attractive.
The next day, Mr. Ray began coverage with a "strong buy".
Faye Landes of Sanford Bernstein began coverage of Amazon.com this summer with an underperform rating.
Kazakhmys climbed 1p to £10.52 as Societe Generale began coverage with a buy recommendation.
Beginning today, ESPN, the sports channel, is scheduled to begin coverage of its four-day Winter X Games there.
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