Best of the Brokers

Panmure Gordon has reiterated its “buy” rating on the fashion retailer and upped its target price from 2800p to 2875p after an analyst site visit, saying it had “enormous potential”.

Northland UK has a “buy” rating with a target price of 1750p, adding cash generation at the firm’s sites left it well placed to hit the group’s target of giving £1.7bn back to investors.

Numis has a “buy” rating on the stock, but has cut its target price from 130p to 150p. The broker has reduced its full year revenue forecasts from £10.9m to £9.5m for 2013 due to lagged sales.