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Broker Snaps



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Published Date: 03 December 2008
Rolls-Royce

289.25p +3.25p

Broker says BUY
ANY weakness in Rolls-Royce's share price "can be viewed as a long-term buying opportunity" according to Fyshe Horton Finney.

The broker carries a "buy" rating on Rolls-Royce, with a target price of 527p, highlighting the engineering firm's divers
ity of clients.

Fyshe said: "Short-term shares will be volatile as the market remains jittery but the recent trading update underlined the quality and size of the order book."

RBS

64p +9.2p

Broker says BUY


MERRILL Lynch believes shares in RBS are "trading at a deep discount to net asset value which has the time and capacity to deliver change".

The broker – which carries a "buy" recommendation for RBS with a price target of 93p – put forward five strategies for the bank.

These "mix and match" options included selling US-based Citizens Bank to buy back the UK government's preference shares and selling its Bank of China stake.

RBS

64p +9.2p

Broker says BUY


MERRILL Lynch believes shares in RBS are "trading at a deep discount to net asset value which has the time and capacity to deliver change".

The broker – which carries a "buy" recommendation for RBS with a price target of 93p – put forward five strategies for the bank.

These "mix and match" options included selling US-based Citizens Bank to buy back the UK government's preference shares and selling its Bank of China stake.







The full article contains 241 words and appears in The Scotsman newspaper.
Page 1 of 1

  • Last Updated: 02 December 2008 9:10 PM
  • Source: The Scotsman
  • Location: Edinburgh
 
 

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