Best of the Brokers for 20 June 2014
To appear in Best of the Brokers, email your research to notes@cityam.com
LIONTRUST ASSET MANAGEMENT
Panmure Gordon has maintained its “buy” rating for Liontrust, keeping the target price at 336p. The broker believes that with profits marginally ahead of expectations for the last financial year and an outlook for more growth in profits this year, the shares remain attractively valued.
INFORMA
N+1 Singer has downgraded the publishing and events firm to “sell” from “hold”, cutting the target price to 430p from 550p. The broker believes with the data market being tough, Informa will likely have to invest to raise product quality and differentiation just to stabilise.
INTERIOR SERVICES GROUP
WH Ireland has reiterated its “buy” rating for Interior Services Group, retaining a target price of 375p. The broker believes that with drivers remaining strong in London office fit-out, ISG should enjoy good progress and prospects across the business.