LIVERPOOL stockbroker Panmure Gordon reiterated its “buy” recommendation on the stock of printer and marketing services firm Communisis after a site visit to its Speke plant, the largest transactional mailing site in the UK, this week.
Analyst Paul Jones said: “We believe the story is increasingly positive, with rising volumes and further investment leading to increasing contributions. We believe recent contract wins underpin our 2012 assumptions and, in our opinion, the current rating fails to reflect what could be material underlying progress.”
