BEST OF THE BROKERS

BEST OF THE BROKERS

first_imgSunday 5 December 2010 10:49 pm BURBERRYSeymour Pearce rates the luxury fashion retailer a “buy”. The broker believes the company has transformed its operations since the financial crisis and reinforced its image as a “must have” brand. It now looks set to outgrow its market peers with yearly profit growth expected to be 20 per cent in future.GREENE KINGNumis is upgrading its forecasts by an average of 2 per cent for Greene King. First half profit is up 17 per cent to £73.1m with all divisions posting positive trading and margin growth. With the dividend up 6.8 per cent to 6.3p, the target price rises from 500p to 525p. Numis believes there could be further upgrades in the next six months.STHREESThree’s recovery continues and Evolution Securities recommends a 500p price target. Gross profit is down 2 per cent to £167m. But with a robust performance and slightly lower consultant numbers during the fourth quarter, Evo expects to see a slight profit outperformance when the company reports for the full year. BEST OF THE BROKERS More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.com whatsapp Share KCS-content Show Comments ▼ whatsapp Tags: NULLlast_img

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