BEST OF THE BROKERS
Anglo American
Goldman Sachs views the mining firm’s exploration efforts in Chile at its Collahuasi copper mine as a positive. The broker rates shares in the firm “buy”, given the potential the site holds for Anglo American. Goldman gives shares in the company a target price of 4,200p per unit.
DS Smith
UBS views the industrial firm’s half-year results positively, particularly given management’s statement that trading had “started very well” for the firm. It upgraded the earnings per share forecast for DSS for its 2012 financial year by 11 per cent to 24.56p per unit. UBS gives shares in the company a price target of between 230p and 255p per unit.
Wolseley Group
Morgan Stanley rates the building services group above its rivals, given its relatively low level of exposure to the UK public sector. The broker views the company’s restructuring positively, whilst also believes its cost control measures will help it to boost profitability. It prices its shares at 1.921p per unit