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Tuesday broker round-up UPDATE

Tue, 30th Apr 2013 08:20

Aberdeeen Asset Management: Morgan Stanley raises target price from 478p to 548p retaining an overweight rating. Bank of America ups target price from 455p to 475p and leaves its neutral rating unchanged. JP Morgan increases target price from 532p to 573p and maintains an overweight rating. Citigroup ups target price from 455p to 470p, while its neutral rating remains unchanged. UBS moves target price from 500p to 520p and retains a buy recommendation. Jefferies revises target price from 420p to 475p and keeps a hold recommendation.Adept Telecom: Northland Capital moves target price from 85p to 93p keeping a buy recommendation.African Minerals: Canaccord Genuity reduces target price to 418p keeping a buy recommendation.Anglo American: UBS reduces target price from 2000p to 1720p and retains a neutral rating.ASOS: Investec places its target price (prev.: 3900p) under review and reiterates its buy recommendation.Balfour Beatty: Berenberg cuts target price from 290p to 270p and reiterates a buy recommendation. Citigroup reduces target price from 260p to 220p keeping a neutral rating. Deutsche Bank takes target price from 260p to 220p, while staying with its hold recommendation. UBS revises target price from 270p to 220p leaving its neutral rating unaltered.Beacon Hill Resources: Canaccord Genuity lowers target price from 12p to 9p and retains its buy recommendation.BP Group: Investec places its target price (prev.: 425p) under review and reiterates its hold recommendation.Brown (N) Group: UBS increases target price from 385p to 445p, while its neutral rating remains unchanged.Capital & Counties Properties: JP Morgan takes target price from 290p to 365p and upgrades to overweight.Carpetright: Espirito Santo raises target price from 155p to 300p, but still recommends selling.Centrica: Credit Suisse lowers target price from 325p to 320p and downgrades to underperform.EMIS Group: Sanlam Securities reduces target price from 800p to 700p downgrading to hold.Fidessa Group: Sanlam Securities takes target price from 1775p to 2000p and keeps a buy recommendation.Fresnillo: Deutsche Bank shifts target price from 999p to 1101p upgrading from sell to hold.GlaxoSmithKline: Jefferies ups target price from 1550p to 1600p and maintains a hold recommendation.Go-Ahead Group: Citigroup increases target price from 1227p to 1525p and maintains its neutral rating.Greggs: Citigroup reduces target price from 525p to 460p, while its neutral rating remains unchanged. UBS cuts target price from 600p to 540p keeping a buy recommendation.Harvey Nash: Panmure Gordon ups target price from 66p to 99p and maintains buy recommendation.InterContinental Hotels Group: JP Morgan raises target price from 1860p to 1950p keeping its neutral rating.Lloyds Banking Group: Investec places both its target price (prev.: 50p) and its hold recommendation under review. Oriel Securities upgrades to hold with a target price of 41p.Lonmin: Investec places both its target price (prev.: 366p) and its hold recommendation under review.Northgate: Jefferies ups target price from 355p to 375p and reiterates a buy recommendation.Rentokil Initial: JP Morgan moves target price from 50p to 75p, while maintaining an underweight rating. Exane BNP shifts target price from 85p to 90p and stays with an underperform rating. HB Markets upgrades to hold. Citigroup shifts target price from 75p to 80p and still recommends selling.Sainsbury: Barclays ups target price from 380p to 410p and maintains an overweight rating.Sanderson Group: WH Ireland upgrades from outperform to buy with a target price of 57p.Segro: Credit Suisse moves target price from 270p to 300p, while staying with an outperform rating.SQS Software Quality Systems: Sanlam Securities initiates with a target price of 360p and a buy recommendation.Ted Baker: Jefferies initiates with a target price of 1700p and a buy recommendation.Topps Tiles: Espirito Santo increases target price from 55p to 80p reiterating a buy recommendation.Vane Minerals: Northland Capital downgrades to hold.Vodafone Group: UBS shifts target price from 220p to 230p and keeps a buy recommendation.
More News
11 Apr 2023 18:13

TRADING UPDATES: S-Ventures files for insolvency of Lizza subsidiary

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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5 Apr 2023 19:30

IN BRIEF: AdEPT Technology takeover by Wavenet sanctioned by court

AdEPT Technology Group PLC - Kent, England-based managed services and telecoms provider - Reports court sanctions scheme enabling AdEPT to be acquired by Wavenet. Expects scheme to become effective on April 11 with dealings in AdEPT shares likely to be suspended on the same day and cancelled on AIM on April 12.

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29 Mar 2023 18:31

TRADING UPDATE: Panthera raises funds, AdEPT takeover clears hurdle

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday not separately reported by Alliance News:

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17 Mar 2023 16:13

TRADING UPDATES: AdEPT Technology shareholders greenlight takeover

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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10 Mar 2023 15:43

UK shareholder meetings calendar - next 7 days

Monday 13 March 
BlackRock Energy & Resources Income Trust PLCAGM
Hercules Site Services PLCAGM
Hummingbird Resources PLCGM re strategic investment and placement
Ironveld PLCGM re second placing shares on AIM
Tuesday 14 March 
Georgia Capital PLCGM re company's transfer from Premium to Standard listing
MTI Wireless Edge LtdAGM
Redx Pharma PLCAGM
Wednesday 15 March 
Applied Graphene Materials PLCGM re delisting
BSF Enterprise PLCAGM
Chemring Group PLCAGM
Invinity Energy Systems PLCGM re placing fundraising and subscription
Safestore Holdings PLCAGM
Thursday 16 March 
Athelney Trust PLCAGM
Glantus Holdings PLCEGM re raising of gross proceeds
Hunting PLCAGM
Impax Asset Management Group PLCAGM
Kibo Energy PLCEGM re renewal of director authorisations
Friday 17 March 
AdEPT Technology Group PLCCourt hearing & GM re takeover by Thetis
Chrysalis Investments LtdAGM
Distell Group Holdings LtdAGM
Ecofin Global Utilities & Infrastructure Trust PLCAGM
Sovereign Metals LtdGM re capital reduction and distribution of shares
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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22 Feb 2023 14:24

AdEPT Technology sets March vote on takeover by Macquarie's Wavenet

(Alliance News) - AdEPT Technology Group PLC on Wednesday announced that the court hearing and the general meeting regarding its recommended takeover by Thetis Bidco Ltd will take place on March 17.

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8 Feb 2023 16:01

IN BRIEF: AdePT agrees acquisition by Thetis Bidco for GBP50.3 million

AdEPT Technology Group PLC - Kent, England-based managed services and telecoms provider - Agrees with Thetis Bidco Ltd on terms of GBP50.3 million cash offer for its entire share capital, to be implemented via a scheme of arrangement. Each AdEPT shareholder is entitled to 201 pence per share, representing a premium of 75% to the closing price of 115p per share on February 7.

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15 Nov 2022 14:58

EARNINGS UPDATES: Braemar doubles payout; James Cropper cuts guidance

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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15 Nov 2022 14:00

AdEPT confident despite ongoing supply chain challenges

(Sharecast News) - Managed IT and communications service provider AdEPT reported a "resilient" set of interim results on Tuesday, with group revenue broadly stable at £34.2m, compared to £34.3m a year earlier, amid ongoing global supply chain issues.

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7 Nov 2022 11:00

IN BRIEF: Synectics names AdEPT director Wilson as chair designate

Synectics PLC - Sheffield, England-based security systems company - Names Craig Wilson as chair designate and a non-executive director with immediate effect. Says he will become non-executive chair after a planned transition and handover period of about three months. In June, David Coghlan said he will step down as chair by the end of this year after 16 years in the role to a "less direct role".

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20 Sep 2022 20:26

TRADING UPDATES: Polymetal progress; SThree profit to top consensus

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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20 Sep 2022 11:47

Chip shortages still impacting trading for Adept Technology

(Sharecast News) - Managed IT service provider Adept Technology said on Tuesday that, despite "challenging" macroeconomic conditions in the first few months of its financial year, it had grown its project backlog and continued to win new business and secure contract renewals and extensions.

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12 Jul 2022 10:01

AdEPT widens annual loss on restructuring costs; reinstates dividend

(Alliance News) - AdEPT Technology Group PLC on Tuesday reported it widened its annual loss as restructuring costs increased while it posted a one-off acquisition fee.

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5 Jul 2022 15:59

UK earnings, trading statements calendar - next 7 days

Wednesday 6 July 
ActiveOps PLCFull Year Results
Argentex Group PLCFull Year Results
D4T4 Solutions PLCFull Year Results
Redde Northgate PLCFull Year Results
Robert Walters PLCTrading Statement
Ten Entertainment Group PLCTrading Statement
Topps Tiles PLCTrading Statement
Zoo Digital Group PLCFull Year Results
Thursday 7 July 
4Global PLCFull Year Results
Baltic Classifieds Group PLCFull Year Results
Currys PLCFull Year Results
Entain PLCTrading Statement
Ferrexpo PLCTrading Statement
Great Portland Estates PLCTrading Statement
Jet2 PLCFull Year Results
John Wood Group PLCTrading Statement
Persimmon PLCTrading Statement
RS Group PLCTrading Statement
Time Finance PLCTrading Statement
Victrex PLCTrading Statement
Watches of Switzerland Group PLCFull Year Results
Yamana Gold IncQ2 Results
Friday 8 July 
Great Eastern Energy Corp LtdFull Year Results
Vistry Group PLCTrading Statement
Monday 11 July 
MJ Gleeson PLCTrading Statement
Tuesday 12 July 
AdEPT Technology Group PLCFull Year Results
Emis Group PLCTrading Statement
Foresight Group Holdings LtdFull Year Results
Purplebricks Group PLCFull Year Results
Sosandar PLCFull Year Results
Synectics PLCHalf Year Results
Totally PLCFull Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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8 Apr 2022 21:57

TRADING UPDATES: Block Energy ups production; SEEEN wins new customers

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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