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Best of the Brokers for 20 August 2014
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WPP
Westhouse Securities has maintained a “buy” rating on WPP ahead of its interim results on 26 August, with a target price of 1,577p. The broker expects WPP to stay on track with its full year target of three per cent revenue growth due to the groups footprint in growing digital markets.
PREMIER OIL
Numis has kept its “hold” rating on Premier Oil with a target price of 352p. The broker expects Premier’s interim results tomorrow to keep the FTSE 250-listed energy explorer on track to meet or beat the top end of management’s current production guidance of 58 to 63kboed.