Best of the Brokers for 06 March 2014

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DIGNITY
Panmure Gordon keeps its “buy” rating on the funeral provider and raises its target from 1,600p to 1,800p following strong full-year results yesterday. The broker is impressed by the firm’s growth combined with good cost control.

IAG
Cantor Fitzgerald keeps its “hold” recommendation on the British Airways parent and hikes its target from 360p to 470p to reflect the firm’s improved trading and cost-cutting ambitions. However, the broker prefers Air France KLM as an investment in European flag carriers.