BEST of the BROKERS

AFRICAN BARRICK
Canaccord Genuity has cut its target for African Barrick Gold, Tanzania’s largest gold miner, from 440p to 380p and maintained its “hold” rating. In mid-July the shares were trading at just 320p but takeover speculation has pushed up the price.

MECOM
Peel Hunt has upgraded publishing giant Mecom to “buy” with a target price of 167p after the company said it was conducting a strategic review of its operations. The broker believes this may result in the profitable disposal of many assets.

J FISHER & SONS
N+1 Brewin has upped its target price for Cumbrian marine transportation firm J Fisher & Sons from 780p to 799p with a “buy” rating. The broker says the company offers a “unique investment opportunity in growth markets across the globe”.