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BEST OF THE BROKERS

first_img Share Wednesday 6 April 2011 7:23 pm BEST OF THE BROKERS Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap whatsapp KCS-content center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionWorld LifestyleCouple Has No Idea Why Photo Goes Viral, Then They Notice This In The CornerWorld Lifestyle Tags: NULL Show Comments ▼ BURBERRYNomura rates the luxury retailer “neutral” with a target price of £12. The broker expects the firm’s half-year trading update on 19 April to show a 14 per cent rise in like-for-like retail sales, which will make up 70 per cent of overall sales. While Nomura expects another vintage year from Burberry, it has kept a neutral rating because it belives that strong growth across the world is already assumed in the share price.INTERNATIONAL AIRLINES GROUPCredit Suisse rates the British Airways and Iberia parent company “overweight” with a target price of 340p. The broker was disappointed by Iberia’s traffic growth, up 2.7 per cent, but thinks the next two months look promising as capacity growth progresses. Credit Suisse also points out that BA’s 11.9 per cent year-on-year traffic growth was bolstered by poor figures caused by strike action last March.BARCLAYSCanaccord Genuity has upgraded the bank to “buy” with a target price of 330p. The broker thinks the Independent Commission on Banking report due next Monday will prove a positive catalyst for Barclays shares, as regulatory uncertainty is reduced. The broker also thinks the bank can cope with any enforced separation or ringfencing of retail banking operations, despite an estimated £1bn gross hit, by offloading low-return assets. last_img read more