After strong interim results Shore Capital has upgraded its forecasts for the mechanical fasteners maker, upping earnings estimates by four per cent for 2013. It has a “buy” rating and 43p target price.
Ahead of interims on 19 November, Canaccord Genuity has a “buy” rating and 505p target price on the retailer, but expects a volatile trading period and expects a flat performance for the first half.
UBS has downgraded the software group to “sell” from “neutral” with a target price of 1810p. The broker says the current valuation is “demanding”, making any M&A prospects unlikely.