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GULF MARINE SERVICES
Canaccord Genuity tells investors to “buy” the newly listed oil service vessel operator and has set a target of 185p. The Abu Dhabi based firm has one of the youngest fleets in the industry and Canaccord said it has the lowest operational risk for its clients.
Liberum keeps a “buy” rating for the home insurance group, predicting “a decade of growth overseas” and stability in the UK market through 2015 and 2016. The broker boosts its target price from 330pp to 350pp despite fears over Homeserve’s falling share price in February.