News Column

BESTof the BROKERS

August 1, 2014



ITV PLC Berenberg has kept its "hold" rating, but upped the target price to 184p from 180p. The broker thinks currency headwinds are an issue, but believes the next stage for ITV will be a shift towards investment in growth, and that extra money might be needed to fix weakness in digital channels.


TRAVIS PERKINS PLC Numis has upgraded to "add" from "hold", but kept the target price at 1,900p. The broker thinks interim results were impressive in terms of revenue growth, with more scope ahead for revenue outperformance as market conditions improve, with the company well placed in this regard.


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Source: City A.M. (UK)


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