first_img KCS-content HMVUBS rates the retailer a “buy” but has reduced its target price to 65p from 72p. The broker says markets remained weak over the summer due to the World Cup, but that competitors fared better thanks to promotions. It has cut its pre-tax profit estimates for 2011 by six per cent to £65m, and expects a dividend cut next year. MORGAN SINDALLNumis views the construction firm’s purchase of Connaught’s contracts last week as a good fit, and rates the stock a “hold” with a target price of 595p. The firm’s existing presence in the sector should smooth the transition with clients, and the broker sees a return to margins of three to four per cent in the contracts. SYNERGY HEALTHCARECharles Stanley has started coverage with a “buy” rating and a target price of 848p, based on the healthcare laundry firm’s expansion into Europe and China after success in the UK. The broker forecasts five-year earnings growth of around 12 per cent per year, and predicts a surge in the firm’s sales as outsourcing rises. whatsapp Share whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Sunday 12 September 2010 10:33 pm Show Comments ▼ BEST OF THE BROKERS Tags: NULLlast_img

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