Opportunities this week:

As covered last week, Diageo released its preliminary FY25 results and since the news the market has continued to react positively to the beverage company’s performance, we continue to rate the stock Overweight with a PT of 2370p. (c. 17% upside)
Following the announcement last week that the UK Competition and Markets Authority approved the proposed acquisition of Coverworld by Kingspan and the release of Kingspan’s H1 2025 results on Friday, we have revised our PT to €84.70 from €88.00 but maintain an Overweight position on the stock. (c. 19% upside)
Following the release of a good set of Q2 results and raised guidance on Thursday evening last week, Flutter had a weak day on Friday, declining by 8% due to rumours of potential tax rises on the sector in the UK, we maintain