Best of the Brokers for 07 May 2015

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Cenkos reiterated its “buy” rating on the cake and bread specialist following its acquisition of Johnstone’s Just Desserts which the broker noted “is a supplier to leading national coffee shop chains and so appears to dovetail nicely with last year’s Fletchers Bakeries acquisition”.

Cantor Fitzgerald initiated coverage of the double glazing firm with a “buy” recommendation. The broker said the group has a “proven business model based on a focused offering into a single UK market segment with a clearly defined and easily understood growth strategy”.