To appear in Best of the Brokers, email your research to email@example.com
Cantor Fitzgerald reiterated its “hold’ recommendation for the British multinational home improvement retailer. The company’s plan to takeover Mr Bricolage is both bizarre and disappointing. However, the company now has a very strong balance sheet.
Panmure Gordon downgraded its “hold” recommendation for the Costa Coffee and Premier Inn owner to “sell”. “We see cracks appearing with a steep step up in competition and rising development costs,” said analyst Anna Barnfather.