Evolution Securities recommends buying Enterprise Inns at 824p (currently 842.5p) in anticipation of final results comfortably in line with expectations.
The broker says the company seems to be resisting the consumer slowdown with operating profit per pub up 8% year on year.
A return of capital should be announced in November, Evolution says.
The Daily Telegraph 01/10/05 page 37 (What the brokers say)