Westhouse Securities has bumped its investment rating on Wilmington Group (LON:WIL) to 'add' from 'neutral', after the information, compliance and education provider published its interims for the six months to end December 2014.
The broker said: "We are pleased with the positive trading momentum and margin progress evident in these results and by the increased focus on organic growth and exploiting organisational synergies under WIL's refreshed strategy.
"We do not expect to make any substantial changes to our forecasts (which sit at the top end of the range) this morning, but believe consensus may drift up and that the potential for upgrades as the year develops has strengthened."
Analysts have also nudged their target price to 239 pence a share from 220 pence.
Separately, N+1 Singer and Canaccord Genuity both repeated 'buy' recommendations, with N+1 upping its target price slightly to 275 pence (from 272 pence), while Canaccord left its target unchanged at 266 pence.
"Valuation was already attractive prior to the recent strength in large B2B Media assets with yield being rerated," analysts at N+1 said.
"The latter is very supportive given relative growth prospects and potential.
"We reiterate our Buy Rating for a 2015 N1S Best Idea."
At 1:58pm: (LON:WIL) Wilmington Group PLC share price was +4.63p at 221.63p