Peel Hunt: Fallen FTSE stars may 'snapback'

150 companies have fallen over 40% year-to-date

The FTSE All-Share and AIM indices have suffered relative year-to-date falls of 24% and 20%, yet 150 companies across the two have fallen over 40% across the same period and may be set for “the greatest snapback”, according to the latest research from Peel Hunt.

These "fallen stars" are found across a variety of sectors from consumer to financials, healthcare to housing, real estate to retail, however, Peel Hunt acknowledges that "a number of assumptions" were made to create the framework that highlighted these particular firms. 75% of investment trusts can weather company dividend cuts over next year With such uncertainty, the firm has described this list as "an opportunity to identify where we think the market is ignoring the recovery potential or overestimating the long-term threat to business". There are several key drivers which infor...