Best of the Brokers for 15 August 2014
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DOMINOS PIZZA PLC
Numis have given the pizza takeaway company a “buy” rating with a target price of 710p. Analysts believe the company still has significant growth prospects and expect both petrol and food costs to decrease. They expect accelerating store expansion.
INFINEON TECHNOLOGIES AG
UBS have given the German semiconductor company a “buy” rating, with a target price of €9.50 (£7.60). Analysts upgraded it from €9 based on structural growth of the industry and lower production costs.
ROYAL DUTCH SHELL PLC
Barclays have slapped a “buy” rating on the multinational oil company and given the stock a target price of 2,950p. Analysts believe new boss, Ben Van Beurden, is doing well at spurring on key projects in Mexico and Iraq, and his long term strategy has a lot of potential.