Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Shares in lipstick seller Warpaint (W7L:AIM) fell by 11% to 215p on 26 June as investors were spooked by disappointing progress in Europe. The company says sales in that region so far this year are flat
on 2016.
We note that broker Stockdale didn’t see any reason to change its earnings forecasts. It retains a 300p price target for the shares.
This article is provided by Shares Magazine. Shares publishes information and ideas which are of interest to investors. It does not provide advice in relation to investments or any other financial matters and does not guarantee the accuracy or completeness of the information in this article.
Investors acting on the information in this article do so at their own risk and AJ Bell Media Limited and its staff do not accept liability for losses suffered by investors as a result of their investment decisions. Shares is published by AJ Bell Media Limited part of AJ Bell.