Best of the Brokers for 06 August 2015
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BODYCOTE
FinnCap moved its recommendation on the heat treatments firm from “add” to “buy” after its recent interims. The broker said: “Despite some further underlying demand weakness expected in the second half, the resilience shown to date bodes well that obstacles can be effectively managed through internal action.”
JUST EAT
Canaccord Genuity reiterated its “buy” rating on the takeaway delivery service, following Tuesday’s results. The broker said the company is “an attractive growth story, benefiting from rapid revenue growth, healthy and growing margins and strong cash flow”. Target price increased to 570p from 560p.