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Broker Recommendations

Thursday July 2, 02:27 PM
Care initiated with "buy"

By Panmure Gordon & Co

LONDON, July 2 (newratings.com) - Analysts at Panmure Gordon initiate coverage of Care UK Plc (ticker: CUK.L) with a "buy" rating. The target price is set to 377p.

In a research note published this morning, the analysts mention that the company
is well positioned to benefit from the expected reforms in the UK health care segment. Care's social care strategy is likely to insulate it from commoditization at the lower end of the health care market, the analysts add.

© 2009 New Ratings

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