Best of the Brokers for 25 July 2013

Numis has maintained its “add” recommendation on Informa stock ahead of the group’s half year results next week, with a target price of 557p. The analysts said a “solid” set of numbers were expected but there was “limited scope” for an upgrade at this point in the year.

Panmure Gordon has affirmed its “buy” rating on WANdisco with a target price of 1,149p after a closely watched study on the group’s post-float return on investment revealed a shorter payback period. Analysts said they were happy to hold the “buy” rating.

Ahead of first year results due next week, Numis has upgraded its target price on JLT by 170p to 945p. The broker said it expected revenue to be similar to the seven per cent increase seen last year and upgraded the price due to the increased value of equities this year.