Best of the Brokers for 06 October 2014

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BAE SYSTEMS
Westhouse has reiterated its “sell” recommendation with a target price of 469p, Germany stopped taking delivery of Typhoon fighter aircraft following the discovery of BAE-manufactured non-conforming rivet holes in a rear fuselage section not identified by the firm’s quality control checks.

EASYJET
Numis Securities reiterated its “buy” rating for the budget carrier with a target price of 2,100p. Numis has increased its full-year, pre-tax profit forecast from £567m to £579m and, at this early stage, leave its forecasts for next year unchanged (£643m vs.consensus £620m-625m).

MOSS BROS GROUP
Cantor Fitzgerald has reiterated its “buy” rating for Moss Bros with a target price of 120p. It says there are still opportunities to improve retail returns through strengthening and broadening the ranges. It adds that the major attraction is potential for the development of its on-line presence.