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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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LONDON BROKER RATINGS: Goldman Sachs cuts Relx but raises WPP

Thu, 19th Jan 2023 09:38

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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FTSE 100

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Kepler Cheuvreux raises Burberry price target to 2,300 (2,000) pence - 'hold'

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Goldman Sachs raises Burberry price target to 2,815 (2,770) pence - 'buy'

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UBS raises Burberry price target to 2,321 (2,213) pence - 'neutral'

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Oddo BHF raises AstraZeneca price target to 13,800 (12,300) pence - 'outperform'

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JPMorgan raises Sage Group price target to 780 (725) pence - 'neutral'

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Jefferies cuts Imperial Brands price target to 2,007 (2,008) pence - 'hold'

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Jefferies cuts British American Tobacco price target to 4,700 (4,800) pence - 'buy'

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Berenberg raises Reckitt Benckiser price target to 7,400 (7,050) pence - 'buy'

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Goldman Sachs cuts Reckitt Benckiser price target to 6,400 (6700) pence - 'neutral'

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Berenberg raises Unilever price target to 5,190 (4,800) pence - 'buy'

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Goldman Sachs cuts Unilever price target to 50 (51) EUR - 'neutral'

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RBC raises JD Sports Fashion price target to 185 (150) pence - 'outperform'

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Barclays cuts Pearson price target to 945 (970) pence - 'equal weight'

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Goldman Sachs raises Pearson price target to 1,209 (1,181) pence - 'buy'

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Barclays raises Beazley price target to 755 (748) pence - 'overweight'

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Goldman Sachs cuts Rightmove price target to 628 (715) pence - 'neutral'

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Goldman Sachs raises Auto Trader to 'buy' (neutral) - price target 749 (644) pence

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Goldman Sachs raises Informa to 'conviction buy list' (buy) - price target 907 (789) pence

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Goldman Sachs raises WPP to 'buy' (neutral) - price target 1,158 (920) pence

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Goldman Sachs cuts Relx to 'neutral' (buy) - price target 2,863 (2,869) pence

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JPMorgan places Shell on 'positive catalyst watch'

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JPMorgan cuts BP price target to 540 (560) pence - 'neutral'

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JPMorgan cuts Antofagasta price target to 1,280 (1,410) pence - 'neutral'

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UBS cuts Fresnillo to 'sell' (neutral) - price target 850 (900) pence

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FTSE 250

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Deutsche Bank cuts Ibstock price target to 176 (200) pence - 'hold'

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Berenberg raises Centamin price target to 141 (123) pence - 'buy'

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Berenberg raises Tate & Lyle price target to 940 (935) pence - 'buy'

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Barclays raises Lancashire price target to 693 (589) pence - 'equal weight'

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Barclays raises Hiscox price target to 1153 (1145) pence - 'equal weight'

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Goldman Sachs raises ITV price target to 82 (75) pence - 'neutral'

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JPMorgan raises Vistry price target to 570 (560) pence - 'underweight'

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Credit Suisse raises Man Group price target to 265 (250) pence - 'outperform'

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Exane BNP cuts Wizz Air to 'underperform' (neutral) - price target 2,000 (1,800) pence

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SMALL CAP

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Jefferies cuts boohoo price target to 85 (100) pence - 'buy'

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Berenberg cuts Ilika price target to 125 (130) pence - 'buy'

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Berenberg cuts Craneware price target to 2,300 (2,600) pence - 'buy'

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Berenberg cuts Yamana Gold to 'hold' (buy) - price target 500 (660) pence

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Berenberg cuts DFS Furniture price target to 195 (280) pence - 'buy'

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Berenberg raises Fevertree Drinks price target to 1,150 (1,000) pence - 'hold'

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Goldman Sachs raises Fevertree Drinks price target to 1,100 (1,070) pence - 'neutral'

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
30 Mar 2023 19:20

TRADING UPDATES: Centamin targets reduction in greenhouse gases

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

Read more
30 Mar 2023 09:54

LONDON BROKER RATINGS: SocGen cuts Next; Jefferies cuts CMC markets

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
24 Mar 2023 18:19

Yamana Gold takeover to be completed next week after Mexico nod

(Alliance News) - Yamana Gold Inc on Friday said its takeover received the regulatory nod in Mexico, with all hurdles for the deal now cleared.

Read more
1 Feb 2023 11:45

IN BRIEF: Yamana Gold shareholders vote for takeover by Pan American

Yamana Gold Inc - Toronto, Canada-based miner - Shareholders approve acquisition by Pan American Silver Corp with 99% of votes cast at a special meeting on Tuesday. Turnout was 62% of shareholders. Transaction is expected to complete during first quarter of 2023, subject to Ontario Superior Court of Justice approval in Canada and from the Mexican Federal Economic Competition Commission.

Read more
24 Jan 2023 15:46

UK shareholder meetings calendar - next 7 days

Wednesday 25 January 
City of London Group PLCGM re proposed share distribution and cancellation
Doric Nimrod Air One LtdEGM re special resolution to disapply the pre-emption rights
Infrastructure India PLCAGM
Lowland Investment Co PLCAGM
Majedie Investments PLCAGM
Majedie Investments PLCGM re appointment of the new investment manager
Thursday 26 January 
Auction Technology Group PLCAGM
Barings Emerging EMEA Opportunities PLCAGM
Britvic PLCAGM
Greencore Group PLCAGM
Henderson European Focus Trust PLCAGM
Friday 27 January 
Avon Protection PLCAGM
Henderson Far East Income LtdAGM
Ixico PLCAGM
NB Global Monthly Income Fund LtdEGM re proposed managed wind-down
On The Beach Group PLCAGM
Pathfinder Minerals PLCGM re capital raise
Serica Energy PLCGM re consideration shares approval
Treatt PLCAGM
Monday 30 January 
Bluebird Merchant Ventures LtdAGM
Contango Holdings PLCAGM
Hollywood Bowl Group PLCAGM
SkinBioTherapeutics PLCGM re annual report review
Starwood European Real Estate Finance LtdEGM re capital return 
Webis Holdings PLCAGM
Tuesday 31 January 
Hydrogen Future Industries PLCAGM
Mobile Streams PLCAGM
Residential Secure Income PLCAGM (TBC)
Star Phoenix Group LtdGM re removal and appointment of auditor
Team PLCAGM
Yamana Gold IncSGM re transaction with Agnico Eagle Mines Ltd and Pan American Silver Corp
Zamaz PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
18 Jan 2023 14:23

Yamana Gold says 2022 production result beats guidance

(Alliance News) - Yamana Gold Inc on Wednesday said its production came in ahead of forecast last year.

Read more
29 Dec 2022 07:31

LONDON BRIEFING: Growing concern about China as Covid cases surge

(Alliance News) - Stocks in London are set to open lower on Thursday amid worries about rising Covid cases in the world's second-largest economy.

Read more
14 Nov 2022 14:33

UK shareholder meetings calendar - next 7 days

Tuesday 15 November 
Berkeley Energia LtdAGM
Biffa PLCGM re proposed takeover by ECP
Craneware PLCAGM
Unicorn AIM VCT PLCAGM
Unicorn Mineral Resources PLCAGM
Wednesday 16 November 
European Opportunities Trust  PLCAGM
Finsbury Food Group PLCAGM
GreenX Metals LtdAGM
Jubilee Metals Group PLCAGM
Litigation Capital Management LtdAGM
Marble Point Loan Financing LtdAGM
McBride PLCAGM
Petra Diamonds LtdAGM
Smiths Group PLCAGM
ThinkSmart LtdAGM
Thursday 17 November 
Advance Energy PLCAGM
Close Brothers Group PLCAGM
Cordel Group PLCAGM
Eagle Eye Solutions Group PLCAGM
Finsbury Food Group PLCAGM
FW Thorpe PLCAGM
Henderson EuroTrust PLCAGM
JD Wetherspoon PLCAGM
Kier Group PLCAGM
New Star Investment Trust PLCAGM
Reabold Resources PLCGM re requisitioned resolutions to remove board
Ricardo PLCAGM
Seraphim Space Investment Trust PLCAGM
Superdry PLCGM re annual and remuneration report
Supermarket Income REIT PLCAGM
Thor Mining PLCAGM
Friday 18 November 
MJ Gleeson PLCAGM
Just Eat Takeaway.com N.V.EGM
Marula Mining PLCAGM
NIOX Group PLCGM share premium account cancellation
Sovereign Metals LtdAGM
Monday 21 November 
Manchester & London Investment Trust PLCAGM
Mountview Estates PLCGM re re-electing Chair Powell, non-exec Archibald
RPS Group PLCGM cash offer agreement
Yamana Gold IncGM Gold Fields offer
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
11 Nov 2022 10:39

Gold Fields scraps shareholder meeting after failed Yamana bid

(Alliance News) - Gold Fields Ltd said on Friday it had cancelled a scheduled shareholder meeting convened to vote on its offer for Yamana Gold Inc.

Read more
9 Nov 2022 08:08

Yamana to pay USD300 million fee to Gold Fields for switching suitors

(Alliance News) - Yamana Gold Inc confirmed on Wednesday that it will pay a USD300 million in termination fee to Gold Fields Ltd and cancelled its scheduled shareholder meeting called to approve the takeover offer from the South African gold miner.

Read more
8 Nov 2022 16:24

UPDATE: Gold Fields withdraws Yamana offer, pockets USD300 million

(Alliance News) - Gold Fields Ltd said on Tuesday it had withdrawn its offer for Yamana Gold Inc, expressing its disappointment with the outcome that will see it pocket USD300 million in termination fee nonetheless.

Read more
8 Nov 2022 14:29

TOP NEWS: Yamana board backs joint offer, switching from Gold Fields

(Alliance News) - Yamana Gold Inc on Tuesday endorsed a joint offer from Pan American Silver Corp and Agnico Eagle Ltd, its board recommending that shareholders vote against the Gold Fields Ltd bid that it previously supported.

Read more
7 Nov 2022 06:51

TOP NEWS: Gold Fields says won't improve Yamana takeover offer

(Alliance News) - Gold Fields Ltd on Monday said it stood firmly behind its proposed offer that values Yamana Gold Inc at USD6.7 billion, saying it won't make any changes.

Read more
4 Nov 2022 15:20

TOP NEWS: Yamana bid heats up as Pan American, Agnico Eagle enter fray

(Alliance News) - Yamana Gold Inc said on Friday it had received an "unsolicited" offer from Pan American Silver Corp and Agnico Eagle Ltd.

Read more

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