Newspaper article The Evening Standard (London, England)

Portfolio

Newspaper article The Evening Standard (London, England)

Portfolio

Article excerpt

BUY GO-AHEAD Go shopping for shares in transport giant Go-Ahead, advises KBC Peel Hunt. The group, which has a big presence in London's bus market, said last week that the bus part of its business grew 3% in the last four months. It also told investors that its yellow school bus joint venture in North America was well on track. Following three acquisitions in its financial year so far, KBC Peel Hunt reckons Go-Ahead might be on the prowl to buy small bus companies. It adds that the firm's net debt at year-end in June will be [pounds sterling]150 million, below the broker's previous forecast of [pounds sterling]185 million.

SELL MARKS & SPENCER Take shares in High Street stalwart Marks & Spencer to the checkout, recommend analysts at Collins Stewart as new chief executive Marc Bolland starts. "The business is not broken but Marc Bolland faces some big strategic decisions, which need to be taken to change the direction of the M&S super tanker," Collins Stewart says. …

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