Spreadbetting 2005

GUS downgraded to "hold"

Wednesday, December 21, 2005 5:37:39 AM ET
Seymour Pierce

LONDON, December 21 (newratings.com) - Analysts at Seymour Pierce downgrade GUS Plc (ticker: GUS-GBX) from "outperform" to "hold."

In a research note published this morning, the analysts mention that there is limited upside potential to the company’s share price in the near term. According to the analysts, Argos Retail’s performance in the Christmas season is unlikely to have been impressive.