Best of the Brokers for 17 August 2015
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STANDARD LIFE
S&P Capital IQ cut its rating for the savings and insurance company to “hold” from “buy”. It cut its forecast for earnings per share by eight per cent in 2015 to 24p as the company has seen lower growth in assets under administration than previously.
MOSS BROS
Cantor Fitzgerald reiterated its “buy” rating for the suit hire company. Cantor said the firm had significant opportunity to grow online sales and to develop the brand overseas. Hire is picking up while the company’s refurbishment programme is going well.