Best of the Brokers for 01 June 2015

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BALFOUR BEATTY
Numis reiterated its “add” rating for the UK construction company. Performance to date has been excellent in the investment division, which makes up 70 per cent of the group market capitalisation.

MARSTON’S
Canaccord Genuity reiterated its “hold” rating for the British brewer. Canaccord Genuity analysts believe the repositioning of the Marston's business through the capital recycling strategy is the right strategy but causes strains on Marston’s earnings and cashflow.

MOTHERCARE
Cantor Fitzgerald reiterated its “sell” rating for the UK retail company. The company continues to lose market share. Clothing, home and travel gross margins are still under pressure despite reduced promotional intensity and growing international scale.