Nomura: buy Virgin Media
September 29, 2011
Analysts at Nomura Securities have upgraded UK cable operator Virgin Media from ‘Neutral’ to ‘Buy’, while investment bank Goldman Sachs also repeated its previous advice to ‘Buy’.
The two banks have come into line with other analysts from Barclays Capital and Deutsche Bank, all of which have recently favoured Virgin’s stock.
The news helped push Virgin Media’s share price further upwards (up 3.75 percent to $25.67 on Sept 28).