Share price and analysis: Persimmon, Hotel Chocolat & more

Here’s your latest round-up of how the experts view key shares.

Persimmon, International Consolidated Airlines and Hotel Chocolat are among the companies under the spotlight this week.

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1. Persimmon – BUY

Symbol: PSN.L

Index: FTSE 100

One year share price chart for Persimmon. (Image: Google Finance)

Persimmon, whose build rates remain at pre-COVID levels, aims to achieve net zero carbon in homes by 2030 – and across its operations a decade later.

Sam Cullen, an analyst at Peel Hunt, says the shares have traded sideways in the past few weeks, rising just 2%, but continues to offer good value.

“Margins will likely be impacted by the higher proportion of affordable homes delivered in FY21, and continued investment in customer service and build quality (which continues to improve), but will remain at sector-leading levels,” commented Cullen.

2. Taylor Wimpey – HOLD

Symbol: TW.L

Index: FTSE 100

One year share price chart for Taylor Wimpey. (Image: Google Finance)

The housebuilder has enjoyed an impressive start to the year as the group’s expectations for 2021 have improved.

Analysts believe that market conditions remain strong, especially as the UK Government recently announced support for the industry through a mortgage guarantee scheme.

Marcus Cole, an analyst at Liberum, has retained his ‘hold’ recommendation on the stock.

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3. International Consolidated Airlines – BUY

Symbol: IAG.L

Index: FTSE 100

One year share price chart for IAG. (Image: Google Finance)

The company, whose brands include British Airways and Aer Lingus, has enjoyed a sharp increase in bookings since new guidance to exit lockdown was announced.

There has been a surge in leisure bookings for both long and short-haul summer destinations, according to Alex Paterson, an analyst at Peel Hunt.

“We expect that to continue and be replicated in other countries as more people are vaccinated,” he said.

4. Hotel Chocolat – BUY

Symbol: HOTC.L

Index: FTSE AIM 100

One year share price chart for Hotel Chocolat. (Image: Google Finance)

It’s been a tough year for retailers but Hotel Chocolat has increased sales – despite the fact many of its stores were closed due to the pandemic.

The company’s success has come from its online sales, while there is also excitement about its potential to grow in the US and Japan.

Wayne Brown, an analyst at Liberum, has reiterated his ‘buy’ recommendation on the stock.

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5. Pets at Home – BUY

Symbol: PETS.L

Index: FTSE 250

One year share price chart for Pets at Home. (Image: Google Finance)

Pets at Home is expected to continue benefitting from the boom in pet ownership and is winning share in a growing market.

Jonathan Pritchard, an analyst at Peel Hunt, believes the company has upped its game dramatically in the past two years.

“The shares have had a good run over the past six months but have had a few red days of late, which offers an opportunity,” commented Pritchard.

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The information included in this article does not constitute regulated financial advice. You should seek out independent, professional financial advice before making any investment decision.

*This article contains affiliate links, which means we may receive a commission on any sales of products or services we write about. This article was written completely independently.

 

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