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BUZZ-Jimmy Choo: on the front foot

Reuters - UK Focus

** Jimmy Choo (LSE: CHOO.L - news) up 2% at 2.5-wk highs in decent volume as Barclays (LSE: BARC.L - news) initiates coverage on stock as "overweight"

** Broker reckons it is growing significantly faster than the sector but trades on a sector multiple (18.1x 2016E PE)

** Barclays estimates 14% EPS growth over next 5 yrs driven by its store opening programme, 4-5% LfL growth & EBITDA margin expansion from 16.8% to 20.8% by 2020E (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)