first_img whatsapp Share KCS-content SMITHS GROUPCharles Stanley says strong free cash generation continues to support longer-term growth through increased R&D, targeted acquisitions and expansion in emerging markets. The broker thinks speculation about an eventual break-up of the group is likely to persist. Despite Smiths’ sluggish sales performance, operating margins improved to a 10-year high of 17.8 per cent. Charles Stanley says “hold”.TULLETTNumis points out that Tullett received a bid approach earlier this year. The broker says given the discount valuation and global market leading position we see the possibility that not only could a bid resurface, but it could well end up being contested. Terry Smith has repeatedly said he would sell the business if an offer that valued the business fairly was made. Numis says now is the time to buy the stock.BSKYBJeffries International expects Sky to continue to post strong financials going into the first quarter of 2011 as the focus turns from subscriber growth to cross-selling into the existing base. It says to expect near term share performance to be correlated to developments on the News Corp bid. The broker said a bid of 760p-a-share is what it will take to persuade investors to part with their stock. It says “buy”. Tags: NULL BEST OF THE BROKERS whatsapp Monday 18 October 2010 7:35 pm Show Comments ▼ 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 WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wraplast_img

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