BEST OF THE BROKERS

first_imgSunday 14 November 2010 10:09 pm whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushUndoDirect HealthyKate Silverton’s PartnerDirect HealthyUndo Share More From Our Partners Fort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.com Show Comments ▼ Tags: NULLcenter_img KCS-content whatsapp BEST OF THE BROKERS AMECRBS rates the engineer a “buy” with an increased target price of £12.25. The broker believes AMEC’s recent half-year results were stronger than expected, with signs of a strengthening pipeline that should drive growth. RBS raised forecasts for 2011 by three per cent, and its target price by almost 20 per cent, although it warns earnings per share improvement might not emerge until 2012 /13. CATLINNumis rates the insurance group a “buy” with a target price of 420p, following the firm’s interim management statement. The broker is impressed by Catlin’s investment income, with earnings $36m (£22.3m) ahead of its 2010 forecasts, and notes that losses from claims have not changed materially. Numis has increased its pre-tax profit forecast for the year by 21 per cent to $426m. LLOYDS BANKING GROUPBank of America Merrill Lynch rates the bank a “buy” with a target price of 110p. The broker believes the market has over-discounted for Lloyds’ £27bn exposure to Irish loans, and that the imminent arrival of a new management team and UK banking recovery gives further reason to buy. It admits that its forecast of 17 per cent return on net asset value in 2012 might be proved to be too harsh. last_img

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