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Wednesday broker round-up

Wed, 25th Jul 2018 13:57

(Sharecast News) - Unite Group: Numis downgrades to hold with a target price of 900p.XLMedia: Berenberg reiterates buy with a target price of 225p.Hastings Group Holdings: Berenberg reiterates buy with a target price of 310p.Countryside properties: Berenberg reiterates buy with a target price of 430p.MJ Gleeson: Berenberg reiterates buy with a target price of 890p.Rio Tinto: RBC Capital Markets downgrades to underperform with a target price of 3,400p.BT Group: RBC Capital Markets downgrades to sector perform with a target price of 275p.Air Partner: Liberum resumes buy with a target price of 155p.Burford Capital: Libertum reiterates buy with a target price of 1,689p.Tyman: Canaccord reiterates buy with a target price of 395p.Marston's: Canaccord reiterates hold with a target price of 110p.Beazley: Peel Hunt reiterates reduce with a target price of 470p.International Personal Finance: Peel Hunt reiterates buy with a target price of 270p.Evgen Pharma: Northland Capital Markets reiterates buy with a target price of 113p.Indivior: Numis upgrades to add with a target price of 380p.Kingfisher: Citigroup upgrades to neutral with a target price of 320p.Boohoo.com: Citigroup downgrades to neutral with a target price of 230p.Medica Group: Berenberg reiterates buy with a target price of 230p.Thomas Cook Group: UBS initiates sell with a target price of 85p.TUI AG: UBS reiterates neutral with a target price of 1,600p.Next: Jefferies reiterates hold with a target price of 6,100p.
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6 Feb 2019 08:27

Interserve agrees debt deal, faces vote to replace board

(Sharecast News) - Interserve on Wednesday said it had agreed a debt deal with its lenders but had also received a letter from a 5% shareholder requesting a general meeting to remove the entire board, apart from chief executive Debbie White.

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1 Feb 2019 09:38

ScS ends talks over Sofa.com, clears way for Mike Ashley

(Sharecast News) - Just days after confirming that it was in talks about the possible acquisition of Sofa.com, ScS said on Friday that the discussions had ended, clearing the way for Mike Ashley.

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30 Jan 2019 08:31

Mike Ashley battles ScS to acquire Sofa.com

(Sharecast News) - Sports Direct is said to be going head-to-head with ScS Group to acquire the struggling furniture company Sofa.com.

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29 Jan 2019 09:56

Luceco revenue dims after tough year of trading

(Sharecast News) - LED lighting and portable power products specialist Luceco updated the market on its trading for the year ended 31 December on Tuesday, reporting "good progress" in the second half of the year despite what it described as "challenging" UK market conditions.

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25 Jan 2019 07:38

Bonmarche Q3 sales drop less than expected

(Sharecast News) - Bonmarche posted a drop in third-quarter sales on Friday but said trading remains in line with the revised guidance given at the update in December and the winter sale has started well.

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24 Jan 2019 16:04

Haynes drives upward as UK and Europe fuel revenue growth

(Sharecast News) - Haynes Publishing Group shot upwards on Thursday after reporting that interim revenue growth was driven by a strong performance in the UK and Europe.

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24 Jan 2019 09:34

Hansard Global new business activity slips in first half

(Sharecast News) - Specialist long-term savings provider Hansard Global,issued its new business results for the six months ended 31 December - the first half of its 2019 financial year - on Thursday, reporting that new business for Hansard International for the second quarter was £41.5m in present value of new business premiums (PVNBP) terms.

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24 Jan 2019 09:24

Augmentum pours £7.5m into challenger business lender iwoca

(Sharecast News) - Financial technology venture capital investor Augmentum Fintech announced an investment of £7.5m in challenger small-to-medium enterprise lender iwoca on Thursday.

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22 Jan 2019 15:48

Director dealings: Better Capital founder ups stake

(Sharecast News) - Better Capital founder and managing partner Jonathan Moulton purchased 2.1m ordinary shares in the fund on Tuesday.

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21 Jan 2019 08:07

Augmentum puts £4m into death services firm Farewill

(Sharecast News) - Fintech venture capital investor Augmentum Fintech announced an investment of £4m in Farewill on Monday, which it described as an "all-in-one" financial and legal services platform for dealing with death.

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18 Jan 2019 12:39

Record's assets under management drop amid market volatility

(Sharecast News) - Record dropped on Friday after reporting a drop in quarterly assets under management equivalent and customer numbers.

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17 Jan 2019 09:16

Game Digital hails solid Christmas trading

(Sharecast News) - Shares in Game Digital rallied on Thursday as it reported a solid performance over the Christmas period.

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15 Jan 2019 10:05

Virgin-Stobart consortium lifts Flybe offer; revises loan deal

(Sharecast News) - Troubled UK airline Flybe on Tuesday said it had reached an agreement to sell its main trading company and digital operation to a Virgin-led consortium for an increased £2.8m.

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15 Jan 2019 09:54

Public sector outsourcing rocket 53% in 2018 despite struggles

(Sharecast News) - GMB union has launched the Go Public campaign to reduce the outsourcing of public services which has risen by 53% in 2018 despite the struggles of many operators in the market and the Carillon collapse last year.

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14 Jan 2019 14:27

HSS Hire completes disposal of UK Platforms business

(Sharecast News) - HSS Hire confirmed the completion of the disposal of its UK Platforms business to Nationwide Platforms - a wholly-owned subsidiary of the Loxam Group - for a total enterprise value of £60.5m on Monday.

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