Best of the Brokers for 13 December 2013

Canaccord Genuity analysts have raised their rating on the oil exploration company from “hold” to “buy” with a price target of 1,240p after the analysts said diplomacy between exporting countries in the Kurdistan region of Iraq had given renewed impetus to pipeline oil exports.

Broker Numis has a “hold” rating on the soft drink maker with a revised target price of 645p. Analysts said investors had reacted favourably to management’s new strategy and most of the benefits were effectively priced in.

Panmure Gordon analysts have upped their target price on the Aim listed medical devices specialist, with a “buy” rating at a target price of 22p, up from 18p, after it announced ambitious sales expansion plans to sell its products into the US market.