Share tips: buy Greene King

07.07.09

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Greene King

Buy at 410p (this week’s price 424p), advises Cazenove. Following recent
full-year results from this pub and brewing company, whose brands include
IPA and Old Specked Hen, Cazenoze has reiterated its positive investment
stance. The results proved ahead of Cazenoze’s own forecasts, with the
managed pub business providing the additional progress. The group’s Scottish
Belhaven Brewer business performed well and management highlighted strong
current trading. Cazenove believes the company should benefit from current
consumer trends.

Carpetright

Hold at 575p (this week’s price 562p), recommends Deutsche Bank. …

Read the original article at Telegraph

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