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Wednesday broker round-up UPDATE

Wed, 23rd Jul 2014 09:01

Abcam: Canaccord Genuity ups target price from 375p to 400p and upgrades from hold to buy.ARM Holdings: Deutsche Bank cuts target price from 975p to 950p and maintains a hold recommendation. Credit Suisse lowers target price from 1125p to 1100p and leaves its outperform rating unaltered.Beazley: Canaccord Genuity cuts target price from 290p to 270p staying with its buy recommendation.BG Group: Canaccord Genuity raises target price from 1450p to 1520p, while staying with its reduce rating.B&M: Deutsche Bank initiates with a target price of 290p and a hold recommendation. Goldman Sachs starts with a target price of 350p and a buy recommendation. Credit Suisse initiates with a target price of 330p and an outperform rating.BP: Canaccord Genuity ups target price from 530p to 560p and keeps a buy recommendation.Brewin Dolphin: Canaccord Genuity takes target price from 304p to 320p and upgrades from hold to buy. Panmure Gordon cuts target price from 400p to 342p, while staying with its buy recommendation.BSkyB: Jefferies raises target price from 860p to 940p and reiterates a hold recommendation.Capita Group: Canaccord Genuity increases target price from 650p to 1320p and upgrades from sell to buy. Investec raises target price from 1100p to 1230p upgrading from hold to add.Chariot Oil & Gas: Northland Capital cuts target price from 40.5p to 28p, while its buy recommendation remains unchanged.Cobham: Jefferies raises target price from 290p to 350p and retains a buy recommendation.Croda International: Jefferies reduces target price from 2420p to 2300p and stays with its hold recommendation. Goldman Sachs cuts target price from 2800p to 2750p keeping a buy recommendation.Energy Assets: Numis raises target price from 380p to 530p and upgrades from add to buy.Entertainment One: Investec moves target price from 360p to 370p and reiterates a buy recommendation.Falcon Oil & Gas: FinnCap initiates with a target price of 27p and a buy recommendation.GKN: Investec reduces target price from 420p to 380p and stays with its add rating.Hilton Food Group: Investec lowers target price from 503p to 501p, while upgrading from add to buy.Immunodiagnostic Systems: FinnCap ups target price from 450p to 500p and stays with its hold recommendation.ITV: Nomura ups target price from 220p to 235p and retains a buy recommendation.Morgan Advanced Materials: Investec cuts target price from 365p to 345p leaving its buy recommendation unchanged.Patisserie Holdings: Canaccord Genuity initiates with a target price of 220p and a buy recommendation.Poundland: Deutsche Bank initiates with a target price of 330p and a hold recommendation.Provident Financial: Numis raises target price to 2139p and keeps a buy recommendation. Panmure Gordon increases target price 1700p to 2000p retaining a hold recommendation.QinetiQ: Canaccord Genuity cuts target price from 225p to 205p downgrading from buy to hold.Renishaw: Numis upgrades from hold to add with a target price of 1750p. Investec places its target price (prev.: 1810p) under review and keeps a buy recommendation.Royal Dutch Shell: Canaccord Genuity increases target price from 2650p to 2800p and reiterates its buy recommendation.Senior: Investec cuts target price from 310p to 290p, while upgrading from hold to add.Serco Group: Jefferies reduces target price from 435p to 340p and keeps a hold recommendation.SIG: Deutsche Bank lowers target price from 190p to 189p and keeps a hold recommendation.Standard Chartered: Credit Suisse cuts target price from 1200p to 1150p and stays with its underperform rating.Synergy Health: Investec raises target price from 1450p to 1565p and maintains a buy recommendation.
More News
17 Jan 2019 11:31

Deputy chairman quits scandal-hit Patisserie Valerie

(Sharecast News) - Beleaguered café chain Patisserie Valerie's deputy chairman and non-executive director Lee Ginsberg resigned with immediate effect on Thursday, becoming the latest in a number of senior figures to quit the company.

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17 Jan 2019 10:34

Patisserie Holdings Deputy Chair Ginsberg Resigns Immediately

LONDON (Alliance News) - Patisserie Holdings PLC said Thursday that Non-Executive Director and Deputy Chair Lee Ginsberg resigned with immediate effect to focus on other business is the latest of

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16 Jan 2019 16:49

Patisserie Holdings Profitability "Materially Below" October Guidance

LONDON (Alliance News) - Patisserie Holdings PLC on Wednesday said work by forensic accountants has uncovered significant manipulation of the company's accounts and its profitability is below

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16 Jan 2019 16:02

Patisserie Holdings' woes worse than originally thought

(Sharecast News) - Scandal-hit Patisserie Holdings, which discovered a £40m black hole in its accounts last year, said on Wednesday that it had discovered thousands of false entries into its ledgers and that its profitability was likely to be much lower than it originally estimated.

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14 Jan 2019 13:14

Patisserie Holdings Non-Executive Director James Horler Resigns

LONDON (Alliance News) - Patisserie Holdings PLC on Monday said that Non-Executive Director James Horler resigned from the company's board with immediate effect.Horler decided to leave

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5 Dec 2018 08:39

Patisserie Holdings Taps Former CVS Group Finance Head As Interim CFO

LONDON (Alliance News) - Patisserie Holdings PLC said Wednesday it appointed Nick Perrin as interim chief financial officer, as it looks for a permanent replacement.Perrin was most recently

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5 Dec 2018 07:47

LONDON MARKET PRE-OPEN: Stagecoach Ups Outlook Despite Interim Loss

LONDON (Alliance News) - Stocks in London are set to open sharply lower on Wednesday following a slump in New York overnight that was tracked by Asian markets, with the optimism seen at the start

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21 Nov 2018 09:27

City watchdog launches probe into Patisserie Valerie auditor

(Sharecast News) - Grant Thornton is being investigated by the Financial Reporting Council over its role in the near collapse of café business Patisserie Holdings.

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19 Nov 2018 17:54

Patisserie Holdings Lenders Agree To Extend Debt Consolidation Date

LONDON (Alliance News) - Patisserie Holdings PLC said Monday its principal lenders have reached an extension agreement over its debt consolidation.The period by which the Patisserie Valerie

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19 Nov 2018 15:08

Patisserie Valerie pushes back debt talks

(Sharecast News) - Cafe owner Patisserie Holdings has pushed back the deadline for talks with its lenders.

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6 Nov 2018 13:23

Invesco Builds 7.8% Holding In Patisserie After Transaction (ALLISS)

LONDON (Alliance News) - Patisserie Holdings PLC on Tuesday said Invesco Ltd now holds 7.8% interest in the cafe company after a transaction on Friday last week.Last week, the struggling to

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1 Nov 2018 12:24

UPDATE: Patisserie Gets Shareholder Backing For Equity Raise (ALLISS)

LONDON (Alliance News) - Struggling cafe chain Patisserie Holdings PLC said it has secured shareholder backing to raise GBP15.7 million via a share issue.The company was forced to raise new

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1 Nov 2018 10:41

Patisserie Valerie shareholders back Luke Johnson's £15m rescue package

(Sharecast News) - Shareholders in stricken café business Patisserie Holdings have backed a £15m rescue package.

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31 Oct 2018 18:16

Former Boss Of Patisserie Valerie Unit Druckers Denies Making Offer

LONDON (Alliance News) - The former shareholder and boss of Patisserie Valerie unit Druckers said late Wednesday that he has no intention to make an offer or acquire shares in the struggling cafe

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26 Oct 2018 11:45

Patisserie Holdings finance director Chris Marsh quits

(Sharecast News) - Patisserie Holdings said on Friday that finance director Chris Marsh - who was suspended earlier this month following the discovery of a multi-million pound black hole in the company's accounts - has resigned with immediate effect.

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