Unilever, Brewin Dolphin, PZ Cussons: Best of the Brokers for 11 December 2015
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Unilever has been given a “buy” rating by analysts at Shore Capital, on a current share price of 2,792p. It following Unilever’s annual investor event for 2015 focusing on the economically diverse South East Asia and Australasia regions. Analysts reckon the “vibrancy and potential” of the emerging market consumer mean the firm will see big returns in the medium-to long term.
Analysts at Numis have reiterated a “hold” price for consumer products group PZ Cussons after trading in Nigeria has become increasingly difficult. They’ve given it a target price 282p, from 280p currently. Company watchers wrote “the ‘big ticket’ electricals business [is] especially vulnerable”. Analysts reckon the firm’s experience in the country will be enough to see it through.
After a revenue yield warning at the interims, there were no such blips in investment management firm Brewin Dolphin’s final results, which were broadly in line with downgraded forecasts of analysts at Shore Capital, who’ve given the company a “hold” rating from sell previously at 286p. Analysts happily noted the final dividend was pushed up more aggressively than expected, giving a 70 per cent pay-out ratio for the full year and a prospective yield of 4.5 per cent.