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LONDON BROKER RATINGS: Morgan Stanley cuts NatWest; PageGroup raised

Mon, 02nd Oct 2023 09:41

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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FTSE 100

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Berenberg raises BAE Systems to 'buy' (hold) - price target 1,170 (1,050) pence

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Citigroup raises Antofagasta to 'buy' - price target 1,700 pence

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Barclays raises Informa price target to 890 (885) pence - 'overweight'

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Morgan Stanley cuts NatWest to 'equal-weight' - price target 310 pence

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Barclays raises Relx price target to 2,860 (2,770) pence - 'equal weight'

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Deutsche Bank raises M&G price target to 230 (220) pence - 'hold'

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Berenberg cuts BT Group price target to 135 (150) pence - 'hold'

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Barclays cuts Reckitt price target to 7,400 (7,700) pence - 'overweight'

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Barclays raises Pearson price target to 930 (900) pence - 'equal weight'

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UBS cuts Entain price target to 1,620 (1,720) pence - 'buy'

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RBC cuts Burberry price target to 1,900 (2,200) pence - 'sector perform'

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RBC cuts Kingfisher price target to 250 (275) pence - 'outperform'

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FTSE 250

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Jefferies raises PageGroup to 'hold' (underperform) - price target 420 (375) pence

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RBC raises FirstGroup price target to 180 (170) pence - 'outperform'

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Barclays cuts Future PLC price target to 1,080 (1,350) pence - 'overweight'

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JPMorgan cuts 888 price target to 150 (180) pence - 'overweight'

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Deutsche Bank cuts PZ Cussons price target to 220 (227) pence - 'buy'

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RBC cuts Watches of Switzerland price target to 800 (900) pence - 'outperform'

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JPMorgan cuts easyJet price target to 540 (570) pence - 'neutral'

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SMALL CAP

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HSBC cuts Robert Walters to 'hold' - price target 405 pence

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By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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20 Oct 2023 17:13

IN BRIEF: 888 CEO Per Widerstrom buys GB950,000 in shares

888 Holdings PLC - Gibraltar-based betting operator, which owns the William Hill and Mr Green brands - Chief Executive Officer Per Widerstrom buys 1.1 million shares at 84.3 pence each, worth GBP948,829, in London on Friday. Widerstrom is now interested in 2.0 million shares.

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18 Oct 2023 09:38

888 Holdings revenue down, new CEO notes clear room for improvement

(Alliance News) - 888 Holdings PLC on Wednesday said revenue decreased 10% in its latest quarter despite continued strong customer engagement and underlying trading.

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18 Oct 2023 07:57

888 Q3 revenues slump amid regulatory changes

(Sharecast News) - William Hill and Mr Green owner 888 posted a slump in third-quarter revenues on Wednesday as it took a hit from new gambling regulations and customer-friendly results.

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16 Oct 2023 08:38

IN BRIEF: 888 confirms Per Widerstrom starts as new chief executive

888 Holdings PLC - Gibraltar-based betting operator, which owns the William Hill and Mr Green brands - Confirms Per Widerstrom has taken up his role as chief executive officer, as planned. 888 says Jonathan Mendelsohn has returned to his position as non-executive chair, having acted as executive chair since January 30. Widerstrom was most recently CEO of Fortuna Entertainment Group, a betting and gaming firm in central and eastern Europe.

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16 Oct 2023 07:44

LONDON BRIEFING: Hipgnosis pulls interim dividend on lower royalties

(Alliance News) - The FTSE 100 is likely to open higher on Monday, benefitting from higher oil and gas prices, while fears of escalating regional conflict in the Middle East damp risk sentiment elsewhere.

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12 Oct 2023 10:13

Entain and 888 worth a buy after recent falls, says JP Morgan

(Sharecast News) - JP Morgan has reiterated its 'overweight' ratings on UK-listed gambling stocks Entain and 888, saying that gaming remains its preferred sub-sector within the leisure industry right now.

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4 Oct 2023 09:52

LONDON BROKER RATINGS: Goldman likes Relx; Jefferies likes Aviva

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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3 Oct 2023 09:35

LONDON BROKER RATINGS: UBS cuts Burberry; JPMorgan likes EnQuest

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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28 Sep 2023 16:12

London close: Stocks mixed as interest rate concerns simmer

(Sharecast News) - London stocks finished with a varied performance on Thursday as investors pored over the latest US jobless claims data, with underlying anxieties regarding interest rates still bubbling away.

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28 Sep 2023 10:15

TOP NEWS: William Hill owner 888 slumps on earnings warning

(Alliance News) - 888 Holdings PLC shares dropped on Thursday, after it announced that its performance so far in 2023 has been "mixed" and warned of a hit to its earnings.

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28 Sep 2023 08:53

LONDON MARKET OPEN: Stocks red; elevated oil prices bolster rate fears

(Alliance News) - Stock prices in London opened lower on Thursday as worries around the ailing Chinese property sector and the growing likelihood of interest rates remaining higher for longer weighed on market mood for yet another day.

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28 Sep 2023 07:43

LONDON BRIEFING: William Hill-owner 888 expects drop in annual revenue

(Alliance News) - Stocks in London were called flat on Thursday as markets grappled with a deepening property crisis in China and the prospect of interest rates staying higher for longer.

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28 Sep 2023 07:22

888 Holdings trims full-year guidance after weaker third quarter

(Sharecast News) - William Hill owner 888 Holdings lowered its earnings guidance for the full financial year on Thursday after a weaker-than-expected third quarter.

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25 Sep 2023 17:04

LONDON MARKET CLOSE: FTSE 100 down amid China worries

(Alliance News) - Stock prices in London closed lower on Monday, with China-exposed stocks dragging down the FTSE 100 index amid fears that its property sector is "going from bad to worse."

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