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Weekly Trader and Bond Markets 14.07.2025 – Cairn, GSK & Kingspan

14.07.2025



Opportunities this week:

  • Cairn last week provided an upbeat trading statement for its first half of the year, we retain our Overweight rating on the stock and our target price to €2.41 (c. 11% upside).
  • Following a busy week of low-key announcements and given uncertainties in the pharmaceuticals sector, we are revising our price target on GSK from 2010p to 1820p.
  • Last week Kingspan shares traded slightly higher to €71.95 (+1.48%) despite negative market news related to the Grenfell Tower Investigation. We reiterate our overweight recommendation and target price of €88.00.