views

BEST OF THE BROKERS

<strong>RYANAIR</strong><br />Ahead of Ryanair&rsquo;s preliminary results, Collins Stewart has a &ldquo;buy&rdquo; recommendation on the airline. The broker expects a dramatic rebound on full-year 2010 profits as the company&rsquo;s fuel bill falls. Aggressive fleet expansion remains a risk, said the analysts, but the firm continues to take market share from peers.<br /><br /><strong>TOPPS TILES</strong><br />Goldman Sachs upgraded its full-year 2009 estimates for Topps, following its interim results. The broker now assumes a three per cent like-for-like sales increase for 2009 and retained a &ldquo;buy&rdquo; rating, with a six-month target price of 110p, up from 80p. But downside risks include weaker than expected like-for-like sales and failure to deliver store rollouts, the analysts said.<br /><br /><strong>TUI TRAVEL</strong><br />TUI Travel&rsquo;s interim results were solid and current trading remains robust, said Charles Stanley, as it upgraded the stock to &ldquo;accumulate&rdquo;. The broker expects business to remain resilient, given the high priority that consumers attach to holidays and&nbsp; a significant reduction in industry capacity over the last two years. But&nbsp; it warns over historical share price volatility.