Best of the Brokers for 31 July 2013

JD WETHERSPOON
Deutsche Bank has maintained its “hold” rating on the value pub chain but raised its target price from 520p to 660p after better than expected final-quarter figures. The analyst notes improved sales with cautious optimism, although performance has been volatile, with 14 forecast changes in three years.

GEM DIAMONDS
Charles Stanley has reiterated its “buy” recommendation and target of 148p for the mining firm. The broker thinks that stronger second quarter production along with rising diamond pricing and operational improvements represent a brighter long-term outlook.

CARNIVAL
Numis has moved its recommendation from “buy” to “add”, maintaining a target of 2,750p for the cruise firm. The analysts believe that in spite of a mixed update from Norwegian Cruise Lines Carnival brands will recover from recent negative publicity, driving improved revenues.