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Gooch & Housego – record Order Book and growing demand support shares of photonics group at 920p, new SQC TP of 1050p.
Ready to fly again after profit-taking “Our strategy is focused upon us becoming an ‘innovative customer focused technology company’ making a ‘better world with photonics’ and the ‘first choice’ for all our stakeholders.” Six months ago, I profiled the shares of Gooch & Housego (LON:GHH), the photonics technology group, then standing at 512p. Last night they closed at 1,115p, showing a near 118% gain in the intervening period. However, this morning the £250m-capitalised compa


Chemring Group – record Order Book and strong defence demand will drive shares higher, now 484p, new SQC Target Price 580p
Mark Watson-Mitchell – 02.06.2026 This morning Chemring Group (LON:CHG) reported interim results for the six months to end-April, showing revenue up 6.5% to £237.3m, driven by strong performance in Countermeasures & Energetics. The company achieved a record closing Order Book of £1.4bn, providing significant medium-term revenue visibility. Underlying operating profit decreased by 7.5% to £24.5m, resulting in a lower operating margin of 10.3%, attributed to business mix and ut


Metro Bank – continued profit growth against dynamic market backdrop, shares up 41% in last three months, with more to come!
Mark Watson-Mitchell - 01.06.2026 Last week RBC Capital Markets suggested that the shares of Metro Bank Holdings (LON:MTRO) will Outperform, while setting a 195p Target Price. The £1.15bn-capitalised group’s shares, which have put on over 25% in value within the last month alone, now stand at 171.40p. At the beginning of March, I featured this banking company at 122p, so the subsequent 41% price gain must be more than pleasing for its investors. That market-beating performanc


EnSilica - now we are talking!!! Broker jacks up Target Price to 130p (85p) on back of major win.
Mark Watson-Mitchell - 01.06.2026 This morning EnSilica (LON:ENSI) has announced that it has secured a significant 7-year manufacturing and supply contract with a German automotive component manufacturer for an ARM-based sensing chip. The contract is expected to generate approximately $75m in revenue over its term. The contract, which requires no further design work as the chip is already in production, is projected to contribute around $4m in revenue for the financial year
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