optomistic,
Cattles tipped in the Money Observer
========================================
Tipped at 305.5p by William Dinning, head of strategy at Aegon Asset
Management, Cattles could be set for a good 2006. Dinning says: 'The
group underperformed in 2005 due to a slowdown in consumer credit
growth and a downgrade following a restatement of results to conform
with new accounting standards that were introduced. But the shares
offer good value now, supported by a 5 per cent forecast dividend
yield.
'Cattles may benefit as commercial banks tighten lending criteria and
rates fall. The risks include a hard landing for the UK consumer. Our
price target is 400p.'
========================================
I got this as an email which says it went on the shelves today, so it may add a little more buying tomorrow.
Cheers,
Niels