News Column


August 18, 2014

ESURE GROUP Berenberg has upgraded to "buy" from "hold", also raising the target price to 286p from 267p. The broker believes esure can deliver an attractive yield of over six per cent in 2014-16, and is well placed to grow earnings in the longer term by taking market share from less capable players.

THE RESTAURANT GROUP N+1 Singer has cut to "hold" from "buy" with the target price at 700p. The broker expects robust interim results from Restaurant Group later this month and a broadly positive start to the second half likely, with 2015 to be boosted by blockbusters, but cut to "hold" on valuation grounds.

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Source: City A.M. (UK)

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