Best of the Brokers for 13 February 2015

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S&P Capital lowered its “buy” rating to “hold” for the banking and financial services firm. Net income of €170m in the fourth quarter of 2014 was below consensus of €229m. Revenue of €5.6bn (minus 3.4 per cent year-on-year) fell one per cent short of consensus.

Numis reiterated its “buy” rating for the UK-based ground engineering company. Numis argues Keller’s investment case remains firmly intact despite the announcement of a £30m increase in a legal settlement with respect to a dispute arising on a project completed in 2008.