Best of the Brokers for 24 September 2015

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Panmure Gordon maintained its “hold” rating on the media trust, noting that its shares have weakened by 10 per cent since the investor day on 9 September. The broker said that while it remains cautious on the stock, it sees the short term situation as finely balanced going into today’s pre-close update.

Whitman Howard reiterated its “buy” rating after the Competition and Markets Authority’s announcement that it has launched a consultation on whether to review undertakings concerning Centrica’s rough gas storage facility. The broker said “over and above this”, it still believes management is moving Centrica in the right direction.