To appear in Best of the Brokers, email your research to notes@cityam.com CODEMASTERS P350 260 300 13 Dec 250 9Dec 10 Dec 11Dec 12Dec 13 Dec Videogame producer Codemasters has announced it will make a game based on the Fast & Furious movie franchise — and shareholders had better fasten their seatbelts. Shares rose 5.2 per cent on the news at the end of the last week to 260p, and Liberum analysts think they will keep gaining speed, giving it a "buy" rating and a whopping 370p target price. They say: "Owing to the widespread success of the Fast & Furious franchise, we believe this new game could bring both global appeal and major revenue potential." Codemasters' stock could be in for a wild ride.
GYM GROUP P274 274 270 13 Dec 265 260 9Dec 10 Dec 11Dec 12Dec 13 Dec Directors at
RENTOKIL P440 435 430 425 13 Dec 426.50 420 9Dec 10 Dec 11Dec 12Dec 13 Dec Rat-catcher extraordinaires at Rentokil have had a good year. The stock has risen 28 per cent, but it could suffer after the Conservatives' General Election win, according to analysts at Jefferies. They say that of the firms likely to be most negatively affected, "staples, miners and global industrials stand out"— and that includes Rentokil. "With more than 40 per cent revenues from the US, Rentokil is highly exposed to the pound-to-dollar exchange rate," they say. Jefferies give Rentokil a "hold" rating and a 425p target price.
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