Best of the Brokers for 28 March 2014
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DOMINO’S PIZZA
Numis is upbeat about the food chain ahead of an interim management statement for the first quarter due on Wednesday next week. “We expect it to be strong,” Numis says, keeping its “buy” rating and 710p target price, and adding that UK consumer confidence will help the firm.
HSBC
Despite the bank’s north American subsidiary having its capital plans rejected by the Federal Reserve, Canaccord Genuity remains positive, maintaining its “buy” rating and a 750p target price. “We continue to see value in the investment case,” Canaccord’s Arun Melmane said.
AFREN
Analysts at Westhouse have reiterated a “buy” rating and target price of 180p on the oil and gas exploration firm, adding: “We think the share price does not reflect the value of Afren’s assets in Kurdistan or any exploration upside from the eight wells in its 2014 drilling programme.”