Best of the Brokers for 13 April 2015

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HAYS
Numis reiterated its “add” rating for the professional recruiters. The broker lowered its earnings forecasts for the group due to softening growth in the UK and Germany “as election and regulatory issues cause a pause for breath among a number of employers”.

LAURA ASHLEY
Cantor Fitzgerald reiterated its “buy” rating for the textile design company. Final results were better than the broker’s forecasts, which it attributed to a strong performance in the UK thanks to lower rental costs, and positive trading in accessories and Christmas gift products.