Best of the Brokers for 22 July 2014

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ITV
Deutsche Bank has maintained its “hold” rating, upping the target price to 205p from 195p. The broker thinks Liberty Global will likely seek to increase its stake in ITV in future, and that further stake purchases and bid speculation should support ITV, but believes this is not the point to buy.

SCHRODERS
RBC Capital Markets has upped to “outperform” from “sector perform”, keeping the target price at 2,800p. The broker thinks recent share price underperformance is unjustified, as the company has a strong balance sheet, diversification and growth offering an attractive upside potential.