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Best of the Brokers
BREWIN DOLPHIN
Peel Hunt has a “buy” rating and target of 185p ahead of the investment manager’s full-year results on Wednesday. The broker expects broadly flat fee income as the firm gets on with its repositioning.
NATIONAL GRID
Morgan Stanley rates the utility “overweight” and raises its target from 730p to 775p, with a regulatory review in the UK seen as a catalyst for the shares. The broker also sees potential in the US.
STHREE
Shore Capital has a “hold” rating on the recruiter, with a price target of 320p. The broker has trimmed its forecasts after a quarterly update last week, believing the figures point to further weakness next year.