FTSE 250 movers: B&M lifted by Citi note
London's FTSE 250 was flat at 20,583.68 in quiet afternoon trade on Monday.
There wasn't a whole lot going on but B&M European Value Retail was among the gainers as Citi said that it and Tesco were its top buy-rated picks in sector.
"We expect B&M to benefit from its compelling price offer in the context of customers increasingly shopping around as grocery inflation accelerates," the bank said.
Spectris, a supplier of precision instrumentation and controls, was also on the front foot after an upgrade to 'buy' from 'hold' at HSBC.
FTSE 250 - Risers
Wood Group (John) (WG.) 67.70p 4.64%
Bytes Technology Group (BYIT) 435.20p 3.77%
Kainos Group (KNOS) 801.00p 3.76%
Ferrexpo (FXPO) 108.80p 3.62%
Future (FUTR) 974.00p 3.23%
Jupiter Fund Management (JUP) 86.60p 2.36%
Johnson Matthey (JMAT) 1,342.00p 2.29%
Baillie Gifford US Growth Trust (USA) 291.00p 2.28%
Spectris (SXS) 2,510.00p 2.28%
B&M European Value Retail S.A. (DI) (BME) 367.70p 2.17%
FTSE 250 - Fallers
Raspberry PI Holdings (RPI) 608.75p -6.85%
Trustpilot Group (TRST) 290.50p -4.13%
Bridgepoint Group (Reg S) (BPT) 349.40p -3.64%
PayPoint (PAY) 760.00p -3.06%
Hochschild Mining (HOC) 216.50p -2.91%
Ocado Group (OCDO) 314.30p -2.87%
Chemring Group (CHG) 324.00p -2.70%
Discoverie Group (DSCV) 685.00p -2.70%
Indivior (INDV) 987.50p -2.32%
Hilton Food Group (HFG) 892.00p -2.09%
Disclaimer & Declaration of Interest
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.