Broker tips: Whitbread, JD Sports, Dixons Carphone

Analysts at Berenberg upgraded their rating on hotel operator Whitbread from ‘hold’ to ‘buy’ on Friday, stating the current price of the stock left the group undervalued given its real estate portfolio. Berenberg said that following Whitbread’s recent weakness, it believes that the risk-reward balance on the company had shifted …

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Business briefing: Dunelm gives back £14.5m furlough cash

DUNELM is to hand back £14.5million it claimed under the furlough scheme after posting strong sales due to pandemic-inspired DIY and home improvements. The homewares chain also said it would not be making any claims under the Job Retention Scheme bonus of £1,000 per employee. Sales leapt 36 per cent …

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