Best of the Brokers for 16 July 2013

MONDI
UBS raised its target price for the international packaging and paper group to 900p from 840p and reiterated its “neutral” rating. The broker says the firm has a low-cost production position with improving margins and asset utilisation.

MOTHERCARE
Cantor Fitzgerald reiterates its “sell” recommendation for the baby product retailer with a target price of 200p ahead of first quarter trading update this week. The broker doubts the firm’s ability to return to profit in the UK by 2015 and thinks the shares are overvalued in the sector.

SUPERGROUP
Canaccord Genuity maintains its “buy” recommendation for the clothing retailer with a target price of 1,100p following preliminary results last week. The broker thinks the group offers significant growth potential in international and premium domestic markets.