BEST of the BROKERS

TALKTALK
Credit Suisse rates the telecoms group “outperform” with a target price of 166p. The broker believes TalkTalk’s new TV platform YouView, to be launched this spring, could add 36p per share to its discounted cash flow.

RANDGOLD
Nomura has a “neutral” rating on the miner and has knocked its target price from £71.15 to £98.50. An attempted coup in Mali, the home of several Randgold mines, could knock operations in the short term, but the broker still sees the business as a top-quality investment.

BABCOCK
N+1 Brewin has raised its rating on the engineering group to “add” and has raised its price target from 790p to 860p. The broker is impressed by Babcock’s growing order book and pipeline, and reckons the firm could be in line for better than expected profits.