The Canadian bank forecasts 8% earnings growth for the group a year from 2023 to 2028, which it doesn't believe is adequately reflected in Hikma's current share price. RBC retains its outperform rating and 1,950 pence price target. (joseph.hoppe@wsj.com)Kingspan's Performance Looks Impressive Given Challenging Backdrop1014 GMT - Kingspan's 1Q performance was impressive as the group continues to successfully navigate through a challenging environment, Davy Research analysts Flor O'Donoghue and Andrea Collins say in a note. "Even though visibility remains poor, we believe it is credible that such an outcome could be matched in 2H. This suggests possible decent upside to current full year expectations," they say.
Source: Wall Street Journal April 28, 2023 23:34 UTC