Trent shares Dip Dip despite the beat on win; Analysts cut goals on slower growth

Trent shares Dip Dip despite the beat on win; Analysts cut goals on slower growth

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Trent Limited shares traded 0.48 percent lower at £ 5,331 on Wednesday afternoon after the Tata Group Retailer had reported its slowest revenue growth in two years, despite the beating of profit estimates for the quarter of June.

The share was opened at £ 5,285 compared to the previous closure of £ 5,356.50 and hit a peak of £ 5,440 during the session. Trade volumes remained active with 14.74 Lakh shares that change ownership, which generated a turnover of £ 789.74 crore by noon.

Market sentiment became cautious because the stand -alone sales growth of the company of 20 percent marked a considerable 57 percent delay in the same quarter last year on an annual basis. While the estimates of Trent have made a profit with a net income of £ 423 crore against poll expectations of £ 390 Crore, the turnover of £ 4,781 crore did not fall to the estimated £ 5,061 crore.

Leading brokers maintained their buying reviews, but have shortened the target prices according to the results. Citi reduced its target to £ 7,150 of £ 7,600 while retaining a buy -rating, referring to a slower revenue growth despite the expectations of profitability. Musls lowered its target to £ 6,400 of £ 6,600, with the emphasis on margin extension surprises despite the delay in growth.

Bernstein set an outperform rating with a target of £ 6,500, but called sales growth a ‘considerable disappointment’. The brokerage noted that despite adding 27 percent more stores and 38 percent extra square meters, the revenue growth was still modest. Like-for-like growth moderated to low single figures from mid-single figures in the previous quarter.

Avendus, however, adopted a more bearish attitude, in which the share was reduced to ‘reduce’ with a target of £ 5,000, against £ 5,650. The brokerage mentioned stretched ratings at 65 times a price win and predicted FY26 can witness a consolidation phase with muted macro conditions that can cover market capitalization near £ 2 lakh crore.

The reactions of mixed analysts reflect the concern about the sustainability of growth in the midst of competing pressure in the retail trade.

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Published on August 7, 2025

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