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BEST of the BROKERS
INTERSERVE
N+1 Brewin has upgraded its price target on the support services firm from 347p to 400p and moved its rating from “add” to “buy” after interim results, saying it continues to deliver to plan.
ROTORK
Panmure Gordon has cut the valve manufacturer from “buy” to “hold” and raises the target price from 2,150p to 2,290p, saying the buying window for the highly rated stock has been short lived.
ENRC
UBS has cut its target price on the miner from 585p to 565p but kept its “buy” rating after disappointing first-half results including weak net cash flow and an increase in its debt pile.