Best of the Brokers for 2 October 2013
ENTERPRISE INNS
Deutsche Bank has reaffirmed its “buy” recommendation on pub owner Enterprise Inns and revised its target price from 190p to 205p. The bank said that trading has stabilised and the group has now ticked off all of the debt concerns that have plagued the shares in recent years.
GENUS
N+1 Singer has reaffirmed its “hold” rating on bull and pig sperm specialist Genus and raised its target price from 1348p to 1357p. The analyst sees Genus as an exceptionally well-managed company, and they expect rising growth in profits and returns in the years ahead.
HELLERMANN TYTON
Canaccord Genuity has reiterated its “buy” recommendation on cable equipment maker HellermannTyton and raised its target price from 280p to 295p. The broker said that the firm’s enormous diversity and focus on brand development help it to continue to build market share.