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Friday broker round-up UPDATE

Fri, 19th Apr 2013 08:47

African Barrick Gold: JP Morgan cuts target price from 290p to 200p, while leaving its underweight rating rating unchanged. Fox Davies reduces target price from 353p to 315p and maintains a hold rating. Westhouse Securities lowers target price from 195p to 180p retaining a neutral rating.Belvoir Lettings: Cantor Fitzgerald raises target price from 140p to 175p and upgrades to buy.Black Mountain Resources: Westhouse Securities initiates with a target price of 23p and a buy recommendation.Dairy Crest Group: JP Morgan increases target price from 455p to 493p reiterating an overweight rating.Dart Group: canaccord Genuity raises target price from 152p to 204p and maintains a buy recommendation.Fresnillo: Deutsche Bank lowers target price from 1040p to 999p and reiterates a sell recommendation.Genel Energy: Deutsche Bank ups target price from 1090p to 1230p and keeps a buy recommendation.GlaxoSmithKline: Deutsche Bank raises target price from 1530p to 1620p and retains a hold recommendation.Globo: HB Markets initiates with a speculative buy.Go-Ahead Group: Espirito Santo takes target price from 1700p to 1750p reiterating a buy recommendation.Inmarsat: Credit Suisse moves target price from 700p to 800p and retains an outperform rating.Ithaca Energy: Westhouse Securities ups target price from 165p to 200p and reiterates a buy recommendation.Jupiter Fund Management: JP Morgan shifts target price from 390p to 399p and maintains an overweight rating.Michael Page: Deutsche Bank lowers target price from 350p to 330p and stays with its hold recommendation.Moneysupermarket: Investec raises target price from 190p to 215p and upgrades from hold to buy.Pace: Canaccord Genuity takes target price from 263p to 286p keeping a buy recommendation.Persimmon: Citigroup ups target price from 975p to 1220p and keeps a buy recommendation.Royal Bank of Scotland: UBS reduces target price from 410p to 370p staying with its buy recommendation. Deutsche Bank shifts target price from 300p to 295p and retains a hold recommendation.RPS Group: Panmure Gordon shifts target price from 242p to 250p retaining a hold recommendation.SABMiller: Nomura reduces target price from 3400p to 3300p keeping a neutral rating.Spectris: Investec places both its target price (prev.: 2575p) and its hold recommendation under review.
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(ShareCast News) - Full year results from Belvoir Lettings beat expectations after a "pivotal" and transformational year in which it moved to a new multi-brand franchising strategy. During the year the company completed acquisition of the Newton Fallowell and Goodchilds franchised networks to add th

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(ShareCast News) - Belvoir Lettings has appointed Mark Newton as a director. Confirming the move in a statement on Thursday, the AIM-listed lettings firm said Newton's appointment takes immediate effect. He was formerly group chief executive of Newton Fallowell, a franchised lettings network across

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Belvoir Lettings to acquire Goodchilds

(ShareCast News) - Belvoir Lettings will acquire West Midlands-based sales and letting business Goodchilds Estate Agents for £3.26m. The UK-based lettings franchise announced the deal on Monday, which is being partly funded by a conditional placing. The company plans to raise a total of £3.6m for t

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