Best of the Brokers

DEUTSCHE BANK
Deutsche has given easyJet an upgrade from “hold” to “buy”, based on a positive update and its new allocated seating plan, and has increased its target price by 17 per cent to 745p.

SEYMOUR PIERCE
Seymour Pierce maintains its “hold” rating for the luxury fashion retailer, judging it a “long term growth story” despite its recent profit warning, and sets a target price of 1,200p.

NOMURA
Despite its bearish stance on the tobacco sector, Nomura retains a “buy” rating for BAT, saying it is likely to outperform Imperial and reach a target price of 3,506p.