Buy Note: FTSE 100 Safe Haven Defensive Stock
For those seeking safety in the run-up to this year’s ‘Brexit’ referendum and want stay clear of overvalued bonds and volatile gold, this may be the answer.
This stock can boast during the financial crisis it only fell 39% from peak to trough, whilst some of its peers plummeted more than 70%. The defensive characteristics of this share means it is likely to be steady throughout any Brexit concerns this year whilst paying a respectable dividend for income seekers.
Guidance for margin improvements in 2015
Consistent dividend increases
EPS increases of 8%