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Numis moved the asset manager back to an “add” rating from “hold”, after new guidance from the firm, and said: “While it is a little dull and boring, we see this as a positive for long-term investors.”
JAMES FISHER AND SONS
Panmure Gordon reiterated its “buy” rating on the oil services firm and said the impact of lower crude prices on its offshore division will be limited. The broker expects significant share price recovery in 2015.