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Lehman Brothers: “buy” on Jarvis Hotels

The British Jarvis Hotels has some solid results from the fundamental point of view, but the current confirms a slowdown this summer, which reduces the estimates on the entire year. Still 6.1 times EBITDA quoting 2002, the title seems convenient for Lehman Brothers, especially in light of the alliance with Marriott International. Analysts of American home do not declare a target price for the title, but I still recommend buying at current prices.

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