888 HOLDINGS 120

P 14 Aug 109.60 115 110 105 8 Aug 9 Aug 11 Aug 10 Aug 14 Aug 888 holdings is forecast to deliver half-year revenues of £896m, down five per cent year-on-year. The gambling giant has struggled under the weight of a near £2bn debt pile after the acquisition of the non-US operations of rival William Hill.

However, Peel Hunt analysts believe that "investor interest will rise as the debt is paid down" and reiterated their buy recommendation and 150p target price.

PLUS500

P 1,500 1,480 1,445 14 Aug 1,460 1,440 1,420 1,400 8 Aug 9 Aug 11 Aug 10 Aug 14 Aug

Trading firm Plus500 reported $174m (£136.95m) of revenue in its interim results, as it benefitted from higher interest income. Peel Hunt analysts said the firm's balance sheet "remains strong", with cash of $849m at the end of June supporting a dividend payment of $60m. They advised buying the stock, at a target price of 2,260p.

(c) 2023 City A.M., source Newspaper