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Thursday broker round-up UPDATE

Thu, 24th Apr 2014 09:19

AMEC: UBS ups target price from 1145p to 1200p maintaining a neutral rating.ARM Holdings: HSBC raises target price from 1080p to 1120p and keeps an overweight rating.Associated British Foods: HSBC increases target price from 280p to 310p and upgrades from neutral to overweight. Deutsche Bank raises target price from 1900p to 3000p, while leaving its hold recommendation unaltered.Aureus Mining: Numis lowers target price from 50p to 45p and keeps a buy recommendation.Balfour Beatty: Westhouse Securities initiates with a target price of 302p and a neutral rating.Barclays: Jefferies cuts target price from 360p to 345p and stays with its buy recommendation.Belvoir Lettings: Cantor Fitzgerald reduces target price from 200p to 127p and downgrades to hold.Chemring: Investec cuts target price from 300p to 260p and maintains a buy recommendation.CRH: Numis raises target price to 1550p and stays with its reduce rating.Drax Group: HSBC cuts target price from 875p to 830p and maintains an overweight rating. Goldman Sachs reduces target price from 1226p to 1067p, while leaving its strong buy recommendation unchanged. Investec reduces target price from 1000p to 850p and retains a buy recommendation.Go-Ahead Group: JP Morgan raises target price from 2100p to 2200p and keeps an overweight rating.Hammerson: HSBC ups target price from 600p to 630p, while downgrading from overweight to neutral.Henry Boot: Numis raises target price to 254p, while downgrading from buy to add.Hochschild Mining: HSBC downgrades from overweight to neutral with a target price of 170p.Mecom: Numis ups target price from 155p to 170p and maintains a buy recommendation.Moneysupermarket: UBS shifts target price from 185p to 190p and reiterates a neutral rating.Prudential: Goldman Sachs cuts target price from 1600p to 1580p and retains its strong buy recommendation.Record: JP Morgan lowers target price from 40p to 38p and stays with its overweight rating.Resolution: Goldman Sachs cuts target price from 340p to 330p, while upgrading to buy.Spirent Communications: Deutsche Bank lowers target price from 106p to 105p retaining a hold recommendation.Sports Direct International: Citi raises target price from 900p to 1000p retaining a buy recommendation.Standard Life: Goldman Sachs ups target price from 335p to 375p and upgrades to neutral.St. James's Place: Goldman Sachs increases target price from 840p to 920p and upgrades to strong buy.Tower Resources: Northland Capital downgrades from buy to hold.
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2 Apr 2019 10:55

Acquisitions help to boost growth at Belvoir Lettings

(Sharecast News) - Property franchise group Belvoir Lettings announced a 21% improvement in group revenue in its preliminary results on Tuesday, to £13.7m.

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2 Apr 2019 09:58

Belvoir Lettings Hikes 2018 Payout Amid Profit And Revenue Surge

LONDON (Alliance News) - Belvoir Lettings PLC hiked its 2018 dividend after saying Tuesday that profit and revenue rose in a year of "significant" growth for the letting agent 2018, 41%

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31 Jan 2019 11:52

Belvoir Lettings Expects In Line Annual Profit Amid Revenue Growth

LONDON (Alliance News) - Property franchise Belvoir Lettings PLC said on Thursday it expects to see pretax profit for 2018 to be in line with expectations, amid double digit growth in said it both

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31 Jan 2019 08:58

Belvoir Lettings updates on year of 'continued and encouraging' growth

(Sharecast News) - British property franchiser Belvoir Lettings reported a year of "continued and encouraging growth" on Thursday, with both revenues and profits moving ahead.

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10 Jan 2019 14:50

Belvoir Lettings exceeds Assisted Acquisitions target for 2018

(Sharecast News) - Belvoir Lettings exceeded its 2018 target for 'Assisted Acquisitions' by its franchisees, it announced on Thursday, which it said was a core part of its growth strategy.

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10 Jan 2019 12:05

Belvoir Lettings Beats Assisted Acquisitions Target In 2018

LONDON (Alliance News) - Belvoir Lettings PLC on Thursday said it exceeded its target for assisted acquisitions by franchisees in 2018.Belvoir operates a franchised network of high street a

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27 Nov 2018 13:18

Belvoir Lettings Buys Unit Of Mortgage Advice Bureau For GBP4 Million

LONDON (Alliance News) - Property franchise Belvoir Lettings PLC said on Tuesday it has acquired MAB (Gloucester) Ltd, a subsidiary of AIM-listed Mortgage Advice Bureau (Holdings) PLC for GBP3.6 a

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27 Nov 2018 09:44

Belvoir Lettings acquires Gloucestershire-based mortgage intermediary

(Sharecast News) - Britain's largest property franchise Belvoir Lettings has continued its growth strategy with the acquisition of Mortgage Advice Bureau's Gloucestershire-based subsidiary for £3.6m.

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23 Oct 2018 09:22

OnTheMarket adds Belvoir Lettings to online portal

(Sharecast News) - Online property portal OnTheMarket revealed on Tuesday that it had reached an agreement with Belvoir Lettings to advertise the latter's UK residential sales and lettings properties at OnTheMarket.com.

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11 Sep 2018 09:58

Belvoir Lettings Interim Earnings Rise, Declares Unchanged Dividend

LONDON (Alliance News) - Estate agent franchisor Belvoir Lettings PLC held its dividend Tuesday as profit and revenue both rose as it outperformed its market.For the six months ended June,

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22 May 2018 16:13

UK Shareholder Meetings Calendar - Next 7 Days

Wednesday 23 MayBovis Homes GroupSt James's Place Keller GroupGamma Emerging

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26 Mar 2018 15:51

Belvoir Lettings Non-Exec Leeming Leaves, Hires New Non-Executive

LONDON (Alliance News) - Property franchise Belvoir Lettings PLC said Monday that Non-Executive Director Michael Leeming will be leaving the company after five Stoop, who has

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23 Jan 2017 09:09

Belvoir Expects To Offset Letting Fee Ban, Issues Shares At Premium (ALLISS)

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24 Nov 2016 15:58

Infrastructure spending good for housebuilders, contractors, bad for letting agents

(ShareCast News) - Funding outlined in the Autumn Statement could be good for alternative housing providers, contractors, but potentially problematic for mainstream housebuilders, and bad for letting agents, according to broker Stockdale. In the mini-budget on Wednesday, Chancellor Philip Hammond sa

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24 Nov 2016 09:55

Belvoir Lettings says it's too early to predict impact of no fees

(ShareCast News) - AIM-listed Belvoir Lettings said it could not predict the impact from not charging fees to tenants, as outlined in the Autumn Statement. On Wednesday, Chancellor Philip Hammond said there would be a ban on letting fees "as soon as possible", in a bid to help the 'just about managi

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