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Tuesday broker round-up UPDATE

Tue, 09th Jul 2013 07:53

Adept Telecom: Northland Capital revises target price from 108p to 115p and maintains a buy recommendation.AG Barr: Panmure Gordon raises target price from 500p to 600p and retains a hold recommendation.Aquarius Platinum: Westhouse Securities shifts target price from 35p to 40p upgrading from sell to neutral.Ashmore Group: UBS reduces target price from 400p to 365p, while leaving its neutral rating unaltered.Aveva: Panmure Gordon increases target 0price from 2091p to 2174p, while its hold recommendation is kept.Bovis Homes Group: Deutsche Bank moves target price from 878p to 900p retaining a buy recommendation.British American Tabacco: Canaccord Genuity reduces target price from 3225p to 3000p and downgrades from hold to sell.Britvic: Panmure Gordon downgrades from buy to hold with a target price of 521p.Centamin: Canaccord Genuity lowers target price from 55p to 50p, while its buy recommendation is kept. Fox Davies shifts target price from 41p to 36p and leaves its hold recommendation unchanged.Cineworld: Investec ups target price from 360p to 380p and maintains a buy recommendation.Consort Medical: Canaccord Genuity moves target price from 855p to 895p retaining a buy recommendation.Experian: Deutsche Bank takes target price from 1200p to 1300p and stays with its buy recommendation.G4S: Investec cuts target price from 320p to 280p, while reiterating its buy recommendation.Halfords Group: HSBC Holdings cuts target price from 365p to 340p and maintains a buy recommendation.Hochschild Mining: Fox Davies lowers target price from 290p to 224p, while upgrading to buy.Imperial Tabacco: Canaccord Genuity reduces target price from 2900p to 2450p downgrading from buy to hold.Innovation Group: N+1 Singer shifts target price from 29p to 34p and leaves its buy recommendation unchanged.ITE Group: Investec moves target price from 325p to 335p keeping a buy recommendation.Jupiter Fund Management: Canaccord Genuity increases target price from 355p to 370p and maintains a buy recommendation.Lloyds Banking Group: Investec takes target price from 50p to 65p, but still recommends selling.Lonmin: Westhouse Securities ups target price from 250p to 265p and upgrades from sell to neutral.Pearson: Investec raises target price from 1150p to 1250p and upgrades from hold to add.Playtech: Morgan Stanley initiates with a target price of 800p and an overweight rating.Reed Elsevier: Nomura ups target price from 810p to 860p keeping a buy recommendation. Investec moves target price from 800p to 850p and retains its buy recommendation.Rolls-Royce Group: UBS takes target price from 850p to 900p, but still recommends selling.Royal Bank of Scotland: Investec moves target price from 310p to 320p and reiterates a buy recommendation.Sagentia Group: Westhouse Securities revises target price from 125p to 145p and upgrades from neutral to add.SIG: Panmure Gordon revises target price from 175p to 195p keeping its buy recommendation.Smiths News: N+1 Singer upgrades to buy with a target price of 185p.Supergroup: Panmure Gordon ups target price from 836p to 898p retaining a buy recommendation.Tarsus Group: Investec shifts target price from 250p to 260p staying with its buy recommendation.Ted Baker: Jefferies raises target price from 1700p to 2150p and maintains its buy recommendation.Topps Tiles: Goldman Sachs increases target price from 80p to 115p and moves from a buy to a strong buy recommendation.Travis Perkins: Panmure Gordon takes target price from 1350p to 1540p, while its hold recommendation id reiterated.Tullow Oil: UBS ups target price from 1120p to 1150p and retains its neutral rating.UBM: Investec reduces target price from 745p to 690p maintaining a hold recommendation.Weir Group: Jefferies raises target price from 1830p to 2150p and upgrades to equal-weight. Morgan Stanley ups to equal-weight from underweight.WPP: Investec increases target price from 1175p to 1250p and keeps a buy recommendation.XP Power: Investec moves target price from 1330p to 1375p and maintains 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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