To appear in Best of the Brokers, email your research to email@example.com
KENNEDY WILSON EUROPE REAL ESTATE
Deutsche Bank analysts have downgraded the company’s stock to a “hold” rating after slashing its target price from 1,240p to 1,170p. The investment trust delivered a lower than expected net asset value for the end of 2014, driving Deutsche’s price reduction.
Numis kept its “buy” rating on the service outsourcing group after its full year results, reiterating a target price of 1,365p on the stock. The firm said the increase in Capita’s bidding pipeline – from £4.1bn to £5.1bn – was “the most encouraging element” from the results.
Analysts at UBS have a “buy” rating on the stock with a target price of €6.00 after the energy giant unveiled expansion into the US. They cited “attractive, organically, asset driven growth” and “low risk and well diversified portfolio” as prime reasons for the rating.