To appear in Best of the Brokers, email your research to email@example.com
Shore Capital reiterated its “buy” rating on the drinks firm, ahead of its trading update for the third quarter. The broker said Britvic has “an attractive investment case based on strong earnings growth underpinned in part by its ongoing cost-savings programme and a balance sheet that is deleveraging”.
Arden Partners reiterated its “buy” recommendation on the oil company, following reports that the Kurdistan Regional Government is taking increasing control of exports. The broker said this implies “significantly higher cash revenues” for Genel than under the previous deal with Baghdad.
WH Ireland reiterated its “buy” rating on the mining firm, after the company received confirmation that planning officers would not call for a public inquiry into its York Potash Project planning applications. The broker said: “The long (and seemingly never-ending) planning process... is now over.”