BEST OF THE BROKERS

first_imgSunday 19 December 2010 9:57 pm whatsapp Show Comments ▼ KCS-content WOLSELEYStandard & Poor’s has initiated coverage of the building products company with a “hold” rating and a 12-month target price of £19.50. The broker notes that Wolseley has lowered its headcount and number of branches drastically since the downturn, and expects a return to profitability in 2011. ASTRAZENECAEvolution Securities rates the pharmaceutical group “sell” with a target price of £28.50. The broker believes that AZ’s recent setback for its Brilinta drug, which has been delayed approval by US regulators, emphasises the risks associated with the firm: that it is too dependant on a small number of products.F&C ASSET MANAGEMENTJPMorgan Cazenove rates the asset manager “neutral” with a target price of 74p. The broker says that F&C has demonstrated good progress in 2010, but that uncertainty of ownership and strategy linked to activist shareholder Sherborne could have adverse consequences for the firm’s share price. Share More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSidney Crosby, Alex Ovechkin are graying and frayingnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Tags: NULL BEST OF THE BROKERS whatsapplast_img read more