News Column


July 2, 2014

To appear in Best of the Brokers, email your research to notes@cityam.comHenderson Group PLC p 245.60 1 Jul 247.5 245.0 242.5 240.0 237.5 235.0 232.5 230.0 1 Jul 25Jun 26Jun 27Jun 30 Jun HENDERSON Citi has lifted its rating on the investment group to "buy" from "neutral", keeping the target price at 268p. The broker thinks the acquisition of Geneva Capital Management fills a strategic gap, and will provide a much enhanced US equities capability.

Dunelm Group PLC p 841.00 1 Jul 880 870 860 850 840 830 1 Jul 25Jun 26Jun 27Jun 30 Jun DUNELM GROUP UBS has kept its neutral rating, but cut the target price on the homewares retailer to 905p from 1,005p. The broker thinks warmer weather and the World Cup could hit like-for-like sales, with Dunelm's peers reporting slower than expected trading in recent months.

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Source: City A.M. (UK)

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