Business Support Services

Initiation summary

Ratings

Ratings and price correct at time of issue

Company Rating Date Previous Rating Date Closing Price
Bunzl plc OUTPERFORM 01/04/21 N/A N/A 2338p
Electrocomponents plc UNDERPERFORM 01/04/21 N/A N/A 997p
Hays plc OUTPERFORM 01/04/21 N/A N/A 150p
HomeServe plc OUTPERFORM 01/04/21 N/A N/A 1203p
Intertek Group plc UNDERPERFORM 01/04/21 N/A N/A 5626p
IWG plc OUTPERFORM 01/04/21 N/A N/A 340p
PageGroup plc OUTPERFORM 01/04/21 N/A N/A 475p
Rentokil Initial plc OUTPERFORM 01/04/21 N/A N/A 487p
RWS Holdings plc OUTPERFORM 01/04/21 N/A N/A 615p
Serco Group plc OUTPERFORM 01/04/21 N/A N/A 137p

DAVY VIEW

We provide a brief overview of our initial series of ten UK business services initiations published today. We are largely positive on this selection of companies – all are major players within their industries and some are global market leaders. We are most keen on the structural growth opportunities in the sector at this point, albeit there are secular trends across the entire portfolio.

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Apr 1 2021, 07:05 IST/BST

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