Deutsche Bank on Wednesday raised its price target for Gooch & Housego Plc shares to 1150 pence from 880 pence and retained a Buy recommendation.
The broker's decision follows Gooch & Housego's first-half results released on Tuesday. The company reported constant-currency revenue growth of 9% year-on-year and order intake that rose 16.5% to
EBIT for the period came in at
Within Gooch & Housego's business mix, the Aerospace & Defense division recorded a 26% year-on-year increase, while the Industrial division rose 4.6%, with Deutsche Bank noting signs that the semiconductor recovery is underway. The broker flagged that reported EBIT of was slightly ahead of the bank's estimate despite ongoing supply chain challenges.
Deutsche Bank also adjusted valuations for other companies in its coverage.
For Anglo American, the bank increased its price target to 4500 pence from 3800 pence and maintained a Buy rating. As part of its update, Deutsche Bank said it launched an integrated model covering Anglo American and Teck, on the assumption that the proposed deal will close at the end of 2026. The bank stated that a successful merger closing as modelled would create the world's premier listed copper company.
At Liontrust, Deutsche Bank raised its price target to 190 pence from 170 pence but kept a Sell rating. The firm calculated Liontrust's trackable assets under management as of May 29, 2026 at was . According to the bank's figures, trackable monthly net flows were negative .
Deutsche Bank estimated total group assets under management at Liontrust reached at , representing a 9% increase from the March 2026 disclosed figure of .
On Hexagon, Deutsche Bank cut its price target to 85 Swedish kronor from 100 kronor and maintained a Hold rating. The bank updated its forecasts after Hexagon completed the spinoff of its Octave software unit, which is now listed on Nasdaq. In response to the corporate action, Deutsche Bank removed Octave from its estimates and applied an enterprise value to EBIT multiple of around 18 times to Hexagon for fiscal year 2027.
Taken together, Deutsche Bank's moves reflect adjustments based on recent corporate results, asset management flows and structural changes from a software spinoff, while the bank's integrated modelling of a proposed mining combination underpins its outlook for Anglo American.