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LONDON BROKER RATINGS: Hunting upped to 'buy'; Jefferies cuts Intertek

Wed, 06th Jul 2022 09:43

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

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FTSE 100

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Credit Suisse starts Fresnillo with 'underperform' - price target 620 pence

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Credit Suisse starts Endeavour Mining with 'outperform' - price target 2,500 pence

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Credit Suisse raises Glencore to 'outperform' (neutral) - price target 560 (550) pence

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Credit Suisse starts Antofagasta with 'neutral' - price target 1,180 pence

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Deutsche Bank raises BP price target to 472 (450) pence - 'buy'

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Deutsche Bank raises Shell price target to 2,779 (2,551) pence - 'buy'

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JPMorgan cuts Croda International target to 6,000 (6,600) pence - 'underweight'

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ODDO BHF cuts CRH price target to 40 (50) EUR - 'outperform'

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Barclays cuts Aveva price target to 2,500 (3,000) pence - 'equal weight'

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Jefferies cuts RS Group price target to 1,130 (1,410) pence - 'buy'

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Jefferies cuts Intertek to 'hold' (buy) - price target 4,700 (6,650) pence

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Barclays raises Sage Group to 'equal weight' (underweight) - price target 720 (730) pence

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Morgan Stanley raises Standard Chartered target to 645 (618) pence - 'equal-weight'

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RBC cuts Barclays price target to 165 (180) pence - 'sector perform'

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JPMorgan cuts abrdn price target to 180 (187) pence - 'neutral'

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JPMorgan cuts Schroders price target to 3,000 (3,400) pence - 'neutral'

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Morgan Stanley raises HSBC price target to 624 (590) pence - 'equal-weight'

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Bernstein raises Sainsbury to 'market-perform' (underperform)

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Goldman Sachs cuts Sainsbury price target to 245 (250) pence - 'neutral'

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FTSE 250

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JPMorgan cuts Ashmore price target to 204 (220) pence - 'underweight'

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Berenberg cuts Ashmore price target to 170 (200) pence - 'sell'

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JPMorgan raises Hiscox price target to 900 (895) pence - 'underweight'

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Barclays raises Beazley price target to 598 (589) pence - 'overweight'

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Barclays raises Lancashire price target to 487 (482) pence - 'equal weight'

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JPMorgan cuts Jupiter Fund price target to 150 (200) pence - 'neutral'

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JPMorgan raises Man Group price target to 322 (300) pence - 'overweight'

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JPMorgan cuts Ninety One price target to 200 (240) pence - 'neutral'

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Barclays cuts Computacenter price target to 2,900 (3,380) pence - 'equal weight'

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JPMorgan raises Trainline to 'overweight' (neutral) - price target 354 (292) pence

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Credit Suisse cuts Drax target to 610 (650) pence - 'underperform'

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Bank of America cuts IMI price target to 2,100 (2,150) pence - 'buy'

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shore capital raises discoverIE to 'buy' ('hold')

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Goldman Sachs cuts Aston Martin price target to 525 (1,039) pence - 'neutral'

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SMALL CAP AND OTHER MAIN MARKET

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Barclays cuts Kingspan price target to 55 (70) EUR - 'underweight'

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Berenberg cuts Jadestone Energy price target to 135 (140) pence - 'buy'

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Canaccord raises Hunting to 'buy' ('hold') - target 300 pence

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21 Sep 2022 09:05

LONDON MARKET OPEN: FTSE 100 higher; Aveva rises on takeover offer

(Alliance News) - Stocks in London were trading broadly higher early Wednesday as investors looked ahead to a major interest rate decision later in the day by the US Federal Reserve.

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21 Sep 2022 08:39

TOP NEWS: Aveva accepts GBP10 billion takeover from Schneider Electric

(Alliance News) - Aveva PLC on Wednesday agreed to a takeover offer from majority owner Schneider Electric SE, under which the French energy management company will acquire the remaining stake in the Cambridge, England-based industrial software firm it does not own.

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21 Sep 2022 07:59

LONDON BRIEFING: Flat call; Aveva gets offer from Schneider Electric

(Alliance News) - Stocks in London are set to open unchanged on Wednesday ahead the US Federal Reserve's interest rate decision later in the day and the Bank of England's decision on Thursday.

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21 Sep 2022 07:29

France's Schneider Electric to buy Aveva in £9.5bn deal

(Sharecast News) - France's Schneider Electric said on Wednesday that it has agreed to buy London-listed software firm Aveva in a £9.5bn deal.

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21 Sep 2022 07:11

Schneider agrees 31 pounds-a-share deal to buy UK's Aveva

LONDON, Sept 21 (Reuters) - France's Schneider Electric said on Wednesday it had agreed to buy out the minority shareholders in Aveva for 31 pounds a share ($35.24), in a deal that values the British industrial software company at about 9.48 billion pounds. ($1 = 0.8797 pounds) (Reporting by Paul Sandle; editing by William James)

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21 Sep 2022 07:08

France's Schneider confirms plans to buy remaining Aveva shares

PARIS, Sept 21 (Reuters) - French industrial group Schneider Electric said it would proceed with a plan to buy full control of British software company Aveva Plc, offering 31 pounds per share to acquire the roughly 40% of Aveva it does not already own.

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16 Sep 2022 09:08

PRESS: UK to launch late charm offensive to land Arm IPO - FT

(Alliance News) - The UK government will launch a last-ditch effort to persuade SoftBank Group Corp to list its Arm unit in London, the Financial Times reported on Thursday.

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13 Sep 2022 17:09

European shares slide as U.S. inflation hots up

Sept 13 (Reuters) - European shares tripped 1.6% on Tuesday, retreating from two-week highs hit earlier in the session, as hotter than expected U.S. inflation data cemented bets for another large interest rate hike by the Federal Reserve.

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13 Sep 2022 12:01

LONDON MARKET MIDDAY: Stocks on front foot heading into US inflation

(Alliance News) - The market mood was upbeat on Tuesday, heading into a key US inflation release, with investors hopeful the reading will show a further easing of price pressures.

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13 Sep 2022 08:15

Aveva close to agreement on £9bn Schneider buyout - report

(Sharecast News) - Software company Aveva is reportedly closing in on a takeover agreement with French industrial group Schneider Electric worth about £9bn.

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13 Sep 2022 07:48

Small gains signalled for European shares ahead of U.S. CPI juggernaut

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

SMALL GAINS SIGNALLED FOR EUROPEAN SHARES AHEAD OF US CPI JUGGERNAUT (0641 GMT)

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12 Sep 2022 21:13

PRESS: Aveva closer to agreed takeover by Schneider Electric - Sky

(Alliance News) - Aveva PLC is edging closer towards a deal which will see the company be taken over by French industrial group Schneider Electric SE, Sky News reported on Monday.

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8 Sep 2022 09:22

LONDON BROKER RATINGS: Morgan Stanley cuts ITV to 'underweight'

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

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26 Aug 2022 12:20

LONDON MARKET MIDDAY: Stocks mixed as all eyes on Powell address

Alliance News) - Stock market investors were exercising caution on Friday, in the build-up to a highly anticipated speech by US Federal Reserve Chair Jerome Powell, seeking clues on policy direction going into the next interest-rate setting meeting.

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26 Aug 2022 09:02

LONDON MARKET OPEN: Micro Focus rises after agreeing OpenText takeover

Alliance News) - Stock prices in London opened higher on Friday as investors look ahead to a speech by US Federal Reserve Chair Jerome Powell later in the day, while Micro Focus shares surged after agreeing to a takeover offer from a Canadian rival.

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