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Best of the Brokers for 28 August 2014
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JAMES FISHER
Investec has maintained its “buy” rating, wile increasing the target price to 1,500p from 1,450p. The broker believes the company has continued to deliver strong results, with a good long-term strategy driving growth forward, highlighted by recent contract wins and select acquisitions.
GRAFTON
Numis has moved to “add” from “buy”, with the target price at 750p. The broker believes that after strong first-half profit performance, superior growth will be maintained in the second half and beyond, with management at the company expressing confidence in UK and Irish outlook.