Best of the Brokers for 09 April 2015

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ATKINS
Numis reiterated its “buy” rating on the engineering group following an update which showed a solid performance for the final quarter of 2014. The broker said it believes “Atkins is well positioned to deliver steadily improving results on the back of growing infrastructure investment”.

MICRO FOCUS
Canaccord Genuity reiterated its “buy” rating on the software business, following a trading update which showed that revenue is likely to be reduced by around seven per cent for the 2015 financial year, due to the effects of the strengthening dollar. The broker maintained a target price at 1,350p.

PORTMEIRION
Panmure Gordon reiterated its “buy” rating on the homewares company. The broker said that after “another strong financial performance in FY 2014, with revenues and earnings being driven to record levels, we think the group is well positioned to create further value for its shareholders”.