Best of the Brokers for 07 November 2014

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Westhouse Securities reiterated its “add” rating, and said it was positive on ITV’s “fundamental attractions”, which include the breadth of its content portfolio, the quality of its management team and its “unrivalled ability to deliver a large mass-market TV audience to advertisers”.

Numis upgraded its rating from “hold” to “add” ahead of the pub company’s final results, due on Wednesday next week. The broker said it believed that the two main issues facing the firm, namely falling beer volumes and possible anti-beer tie legislation, were easing.