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Best of the Brokers for 11 August 2014
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SECURITAS
Deutsche Bank has a slapped a “sell” rating on the Swedish security firm with a price target of 67 Swedish krona after it said the stock’s price to earnings ratio was close to the top end of the range.
TUI TRAVEL
Numis analysts have upgraded their rating of the business from “hold” to “add” with a target price of 425p after turning more positive on the company. Analysts said the stock traded at a premium to a proposed merger price with Tui AG, making any merger less likely.