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BTGWed, 30th Jan 2019 17:40
LONDON (Alliance News) - BTG PLC on Wednesday said that investment manager Invesco reduced its stake in the FTSE 250-listed healthcare firm on Tuesday to 7.96% from 15.99%.
On the same day, hedge fund Pentwater Capital Management LP now holds a 7.96% interest in BTG. It has not known how much of a stake Pentwater held in the company previously, if any at all.
Shares in BTG closed up 0.1% at 829.07 pence on Wednesday.
Amino Technologies: N`+1 Singer ups target price from 107p to 141p and keeps a 'buy' recommendation. Barr (AG): Numis upgrades from 'hold' to 'add' with a target price of 659p. Jefferies reduces target price from 678p to 510p and downgrades to 'sell'. Betfair: JP Morgan increases target price from
Read moreHealthcare group BTG has entered an agreement to acquire California-based PneumRx for £147m. The company said the purchase will be partly funded by a placing of new ordinary shares to raise approximately £150m, which represents 5% of the group's market capitalisation based on Wednesday's closing pri
Read moreAberdeen: UBS lowers target price from 465p to 450p and downgrades from buy to neutral. ASOS: Societe Generale reduces target price from 5000p to 4450p, while leaving its buy recommendation unchanged. BG Group: Deutsche Bank reduces target price from 1400p to 1300p and keeps a buy recommendation.
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