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BEST OF THE BROKERS

first_img whatsapp Show Comments ▼ Sunday 12 December 2010 10:26 pm IMPERIAL TOBACCORBS rates the cigarette manufacturer a “buy” following the announcement of price increases. It notes that this should more than offset the impact of increased excise rates in Spain. Imperial’s profit pool should remain largely unchanged from FY10 and continued cost savings should allow the group to deliver marginal profit growth. The broker notes that its investment case remains intact and reiterates its £23.80 target price.AVOCET MININGEvolution Securities retains its rating of the gold mining company as “neutral”, with exploration in West Africa key. It notes that Avocet is worth less with the likely sale of southeast Asian assets and sets a target price of 225p/200p. But, the broker says that the potential success from the drilling programme next year could replace the company’s lost ounces.BAE SYSTEMSExecution Noble reiterates its “buy” rating, with shares falling by 19 per cent since October. BAE’s P/E discount versus the US peers has widened to 160 basis points. The broker says that recent beneficial moves in BAE’s pension discount rate, and the possibility of near term closing of the Platform Solutions disposal makes the discount excessive. KCS-content BEST OF THE BROKERS center_img whatsapp More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comConnecticut man dies after crashing Harley into live bearnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo Tags: NULLlast_img read more

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