Latest news with #Lygo


Business Insider
05-07-2025
- Business
- Business Insider
Deutsche Bank Sticks to Its Buy Rating for Currys plc (CURY)
Deutsche Bank analyst Alison Lygo reiterated a Buy rating on Currys plc today and set a price target of p130.00. The company's shares closed today at p124.30. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Lygo is a 2-star analyst with an average return of 3.0% and a 63.64% success rate. Lygo covers the Consumer Cyclical sector, focusing on stocks such as Moonpig Group Plc, Currys plc, and Watches of Switzerland Group PLC. Currys plc has an analyst consensus of Strong Buy, with a price target consensus of p141.50, implying a 13.84% upside from current levels. In a report released yesterday, Berenberg Bank also maintained a Buy rating on the stock with a p175.00 price target. Based on Currys plc's latest earnings release for the quarter ending October 26, the company reported a quarterly revenue of p3.92 billion and a GAAP net loss of p8 million. In comparison, last year the company earned a revenue of p4.16 billion and had a GAAP net loss of p39 million


Business Insider
29-06-2025
- Business
- Business Insider
Deutsche Bank Reaffirms Their Buy Rating on Moonpig Group Plc (MOON)
In a report released yesterday, Alison Lygo from Deutsche Bank maintained a Buy rating on Moonpig Group Plc (MOON – Research Report), with a price target of £2.90. The company's shares closed yesterday at p220.50. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Lygo is a 3-star analyst with an average return of 3.5% and a 63.64% success rate. Lygo covers the Consumer Cyclical sector, focusing on stocks such as Watches of Switzerland Group PLC, Moonpig Group Plc, and Motorpoint. Moonpig Group Plc has an analyst consensus of Strong Buy, with a price target consensus of p312.14, representing a 41.56% upside. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a p315.00 price target. Based on Moonpig Group Plc's latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of p157.99 million and a GAAP net loss of p38.49 million. In comparison, last year the company earned a revenue of p152.14 million and had a net profit of p14.08 million


Business Insider
14-06-2025
- Business
- Business Insider
Deutsche Bank Sticks to Its Buy Rating for Motorpoint (MOTR)
In a report released today, Alison Lygo from Deutsche Bank maintained a Buy rating on Motorpoint (MOTR – Research Report), with a price target of £1.70. The company's shares closed today at p165.50. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Lygo covers the Consumer Cyclical sector, focusing on stocks such as JD Sports Fashion, Motorpoint, and Currys plc. According to TipRanks, Lygo has an average return of 3.9% and a 73.68% success rate on recommended stocks. Motorpoint has an analyst consensus of Hold.


Glasgow Times
03-06-2025
- Business
- Glasgow Times
BBC boss supports ‘reform' to funding of broadcaster
The Government is reviewing the BBC's Charter, looking at how it should be funded, after committing to increasing the licence fee in line with inflation each year until 2027. In April, there was a rise from £169.50 to £174.50 in the household charge, after years in which the licence fee was first frozen and then increased at a slower rate than the BBC expected, leaving the corporation increasingly cash-strapped amid rising inflation. BBC director-general Tim Davie (left) and Culture Secretary Lisa Nandy (Chris Jackson/PA) At the Media and Telecoms 2025 and Beyond Conference, from Enders Analysis and Deloitte, in London on Tuesday, Mr Davie said: 'I want to justify the value that we have. I want that protected. 'I think there is reform (needed) in terms of potential (changes to the) licence fee, how progressive it is, and you'll debate the enforcement question.' He added that he does 'not want the same system' in the future, but said: 'I do want universal funding, and I want a proper investigation of begrudging, grinding cuts that we've seen over the last 10 years, which has just not helped.' Mr Davie also told the event, at Convene Sancroft in the St Paul's area, that he is concerned about the people who 'don't care' about the BBC and are 'disengaged', rather than people who criticise the corporation. He said he wants to 'celebrate the fact that people care', as the BBC features heavily on 'front pages' in the UK. Mr Davie also indicated he was positive about the use of artificial intelligence (AI), before saying the BBC has 'very big ambition around the media supply chain' including the 'need for muscular partnerships with the big American technology companies'. In another session at the same conference, Kevin Lygo, managing director of ITV's media and entertainment division, spoke about the need for 'prominence' for the UK's national broadcasters amid their increased competition with streaming companies. He said: 'I think you have to go back to first principles, because all this discussion is based on the programme itself being worth watching. So I think that's the key for major broadcasters is to never lose sight of making them.' Mr Lygo also appeared to confirm that the hit ITV drama Mr Bates Vs The Post Office, which shone a greater spotlight on the Horizon IT scandal, is starting to become a commercial success, following multiple actors, including Toby Jones, saying that they took a pay cut to be on the show. Mr Lygo said it is 'harder and harder to find the budgets', and admitted that at first, it was difficult to explain a series 'about a computer hitch in the British Post Office' to foreign buyers. 'The UK is in this wonderful position when a show really works in the UK, everybody across the world knows about it and wants a piece of it,' he said. 'So, yes, I'm sure, I don't know exactly (the profit) by the production company, but I'm sure they've got their investment back.'


Powys County Times
03-06-2025
- Business
- Powys County Times
BBC boss supports ‘reform' to funding of broadcaster
BBC director-general Tim Davie has said he supports 'reform' in the way the corporation is funded. The Government is reviewing the BBC's Charter, looking at how it should be funded, after committing to increasing the licence fee in line with inflation each year until 2027. In April, there was a rise from £169.50 to £174.50 in the household charge, after years in which the licence fee was first frozen and then increased at a slower rate than the BBC expected, leaving the corporation increasingly cash-strapped amid rising inflation. At the Media and Telecoms 2025 and Beyond Conference, from Enders Analysis and Deloitte, in London on Tuesday, Mr Davie said: 'I want to justify the value that we have. I want that protected. 'I think there is reform (needed) in terms of potential (changes to the) licence fee, how progressive it is, and you'll debate the enforcement question.' He added that he does 'not want the same system' in the future, but said: 'I do want universal funding, and I want a proper investigation of begrudging, grinding cuts that we've seen over the last 10 years, which has just not helped.' Mr Davie also told the event, at Convene Sancroft in the St Paul's area, that he is concerned about the people who 'don't care' about the BBC and are 'disengaged', rather than people who criticise the corporation. He said he wants to 'celebrate the fact that people care', as the BBC features heavily on 'front pages' in the UK. Mr Davie also indicated he was positive about the use of artificial intelligence (AI), before saying the BBC has 'very big ambition around the media supply chain' including the 'need for muscular partnerships with the big American technology companies'. In another session at the same conference, Kevin Lygo, managing director of ITV's media and entertainment division, spoke about the need for 'prominence' for the UK's national broadcasters amid their increased competition with streaming companies. He said: 'I think you have to go back to first principles, because all this discussion is based on the programme itself being worth watching. So I think that's the key for major broadcasters is to never lose sight of making them.' Mr Lygo also appeared to confirm that the hit ITV drama Mr Bates Vs The Post Office, which shone a greater spotlight on the Horizon IT scandal, is starting to become a commercial success, following multiple actors, including Toby Jones, saying that they took a pay cut to be on the show. Mr Lygo said it is 'harder and harder to find the budgets', and admitted that at first, it was difficult to explain a series 'about a computer hitch in the British Post Office' to foreign buyers. 'The UK is in this wonderful position when a show really works in the UK, everybody across the world knows about it and wants a piece of it,' he said. 'So, yes, I'm sure, I don't know exactly (the profit) by the production company, but I'm sure they've got their investment back.'