Best of the Brokers

Panmure has cut its target price on the software group to 1838p from 1948p and kept its “hold” rating, after last week’s interim results caused the broker to trim its expectations slightly.

After last week’s strong interim results from the video streaming firm, Canaccord Genuity has a “buy” rating and target price of 110p, and has lifted revenue forecasts by one per cent for the year.

RBC has upgraded the mining giant to “outperform” from “underperform” on the back of recent production forecasts, and lowered its target price to £3.25 due to a high risk profile.