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LONDON BROKER RATINGS: Numis cuts discoverIE; UBS likes Virgin Money

Thu, 24th Nov 2022 09:55

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

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FTSE 100

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Credit Suisse cuts Intertek price target to 4,740 (4,750) pence - 'outperform'

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Morgan Stanley cuts Unite group target to 1,050 (1,275) pence - 'overweight'

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Morgan Stanley cuts Land Securities price target to 700 (850) pence - 'overweight'

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Morgan Stanley cuts British Land price target to 460 (560) pence - 'overweight'

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Barclays cuts British Land price target to 465 (540) pence - 'overweight'

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Barclays cuts Land Securities price target to 680 (780) pence - 'overweight'

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Credit Suisse raises Severn Trent price target to 2,840 (2,680) pence - 'neutral'

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Goldman Sachs raises United Utilities price target to 1,022 (994) pence - 'neutral'

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DZ Bank cuts fair value for CRH to 47 (48) EUR - 'buy'

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Bank of America raises HSBC price target to 710 (707) pence - 'buy'

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Morgan Stanley cuts Segro price target to 950 (1,400) pence - 'overweight'

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FTSE 250

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Goldman Sachs cuts Dr Martens price target to 330 (360) pence - 'buy'

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Numis cuts discoverIE to 'hold' ('add') - target 900 (850) pence

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UBS raises Virgin Money to 'buy' (neutral) - price target 205 (160) pence

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Morgan Stanley cuts Great Portland target to 600 (640) pence - 'overweight'

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Barclays cuts Great Portland to 'underweight' (overweight) - price target 520 (670) pence

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Barclays cuts Derwent London price target to 2,400 (2,500) pence - 'underweight'

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Morgan Stanley cuts Derwent London target to 2,800 (3,100) pence - 'overweight'

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Morgan Stanley cuts LondonMetric property to 'equal-weight,' (overweight) - price target 185 (300) pence

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Barclays raises Workspace to 'overweight' (underweight) - price target 520 (640) pence

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Morgan Stanley cuts Shaftesbury target to 430 (490) pence - 'equal-weight'

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Morgan Stanley cuts Capital & Counties target to 120 (150) pence - 'equal-weight'

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Morgan Stanley cuts Big Yellow target to 1,200 (1,450) pence - 'equal-weight'

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Morgan Stanley cuts Assura price target to 55 (68) pence - 'equal-weight'

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Berenberg raises Johnson Matthey price target to 2,350 (2,200) pence - 'buy'

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HSBC raises easyJet price target to 380 (310) pence - 'hold'

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HSBC raises Cranswick price target to 4,000 (3,870) pence - 'buy'

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SMALL CAP

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Jefferies cuts Jet2 price target to 1,300 (1,650) pence - 'buy'

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Berenberg starts Rainbow Rare Earths with 'buy' - price target 33 pence

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Berenberg cuts Alliance Pharma price target to 110 (145) pence - 'buy'

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HSBC raises S4 Capital price target to 265 (255) pence - 'buy'

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Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
16 Jun 2022 11:11

London property merger to create $6 bln West End powerhouse

June 16 (Reuters) - Two of London's biggest property companies agreed to merge on Thursday to create a 5 billion pound ($6 billion) estate with sites in tourist hotspots including Covent Garden, Carnaby Street and Soho that are battling to recover from the pandemic.

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16 Jun 2022 08:58

TOP NEWS: Cap & Counties and Shaftesbury agree terms for merger

(Alliance News) - Capital & Counties Properties PLC and Shaftesbury PLC on Thursday said they have agreed the final terms of their all-share merger to create a central London-focused property investor with a combined portfolio value of GBP5.0 billion.

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16 Jun 2022 08:51

LONDON MARKET OPEN: FTSE 100 slips as UK interest rate hike looms

(Alliance News) - Fresh off a hefty interest rate hike from the US Federal Reserve, jitters returned anew ahead of the Bank of England's turn on Thursday to tighten monetary policy.

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16 Jun 2022 07:59

Shaftesbury, Capco agree merger terms

(Sharecast News) - Capital & Counties and Shaftesbury said on Thursday that they have agreed the terms of a £3.5bn all-share merger that will create a combined group with a portfolio valued at around £5bn.

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16 Jun 2022 07:54

LONDON MARKET PRE-OPEN: Margins under pressure at boohoo and Asos

(Alliance News) - Stocks in London are set to pull back on Thursday as all eyes turn to the Bank of England after aggressive monetary policy tightening by the US Federal Reserve.

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6 Jun 2022 15:58

UK dividends calendar - next 7 days

Tuesday 7 June  
Carr's Group PLCdividend payment date
Hibernia REIT PLCdividend payment date
Highcroft Investments PLCdividend payment date
Hochschild Mining PLCdividend payment date
International Public Partnerships Ltddividend payment date
Relx PLCdividend payment date
Secure Income REIT PLCdividend payment date
Serco Group PLCdividend payment date
Wednesday 8 June  
Greggs PLCdividend payment date
Wickes Group PLCdividend payment date
Thursday 9 June 
AJ Bell PLCex-dividend date
Alliance Pharma PLCex-dividend date
Anglo-Eastern Plantations PLCex-dividend date
Associated British Foods plcex-dividend date
Assura PLCex-dividend date
Aurora Investment Trust PLCex-dividend date
BMO Real Estate Investments Ltdex-dividend date
Capital & Counties Properties Plcex-dividend date
Capital Gearing Trust PLCex-dividend date
Compass Group PLCex-dividend date
Computacenter PLCex-dividend date
Devro PLCex-dividend date
Dr Martens PLCex-dividend date
Ferrexpo PLCex-dividend date
Hollywood Bowl Group PLCex-dividend date
IntegraFin Holdings PLCex-dividend date
J Sainsbury PLCex-dividend date
Johnson Matthey PLCex-dividend date
LondonMetric Property PLCex-dividend date
Marshalls PLCex-dividend date
Reckitt Benckiser Group PLCdividend payment date
Renew Holdings PLCex-dividend date
Shaftesbury PLCex-dividend date
Smiths News PLCex-dividend date
Topps Tiles PLCex-dividend date
Triple Point Social Housing REIT PLCex-dividend date
Watkin Jones PLCex-dividend date
Worldwide Healthcare Trust PLCex-dividend date
WPP PLCex-dividend date
Young & Co.'s Brewery PLCex-dividend date
Friday 10 June 
Centamin PLCdividend payment date
ContourGlobal PLCdividend payment date
Diploma PLCdividend payment date
Ecofin US Renewables Infrastructure Trust PLCdividend payment date
Focusrite PLCdividend payment date
Home REIT PLCdividend payment date
Witan Investment Trust PLCdividend payment date
Monday 13 June 
Hiscox Ltddividend payment date
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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30 May 2022 08:47

Shaftesbury and Capital & Counties merger talks continue to progress

(Alliance News) - Shaftesbury PLC and Capital & Counties Properties PLC confirmed on Monday they remain in "advanced" discussions regarding a possible all-share merger of the two companies, as Shaftesbury agreed to give Capco an extension of the deadline to make a firm offer.

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12 May 2022 11:24

Citi upgrades Capco to 'buy'

(Sharecast News) - Citi upgraded Capital & Counties on Thursday to 'buy' from 'neutral', although the rating change had nothing to do with the merger with Shaftesbury announced earlier in the week.

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9 May 2022 15:53

London stocks slide as China growth concerns dent global risk appetite

May 9 (Reuters) - UK shares ended lower on Monday, as tightening lockdowns in China added to investors' concerns about a recession amid the Bank of England's dour economic outlook last week.

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9 May 2022 08:48

LONDON MARKET OPEN: Slowing China exports hits London miners

(Alliance News) - Stocks in London opened the new week in the red with a slump in exports from China hurting commodity prices, which dragged London-listed miners lower.

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9 May 2022 08:33

LONDON BRIEFING: West End landlords Shaftesbury and Capco agree merger

(Alliance News) - London West End property firms Shaftesbury and Capital & Counties Properties on Monday confirmed they are in advanced talks over a potential all-share merger.

Read more
9 May 2022 07:55

LONDON MARKET PRE-OPEN: Shaftesbury in merger talks; Energean hits gas

(Alliance News) - Stocks in London are set to open on the backfoot on Monday, with worrying data from China showing exports from the world's second-largest economy have slowed, while the government also tightens its Covid restrictions.

Read more
9 May 2022 07:22

Shaftesbury, Capco confirm talks over possible merger

(Sharecast News) - Property firms Shaftesbury and Capital & Counties confirmed on Monday that they are in advanced discussions about a possible merger.

Read more
9 May 2022 05:54

TOP NEWS: Shaftesbury, Capital & Counties confirm talks on merger

(Alliance News) - Shaftesbury PLC and Capital & Counties Properties PLC on Saturday confirmed that they are in advanced talks for a potential all-share merger of both companies.

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7 May 2022 09:40

UK's Capco and Shaftesbury in talks about $4 bln merger - Sky News

May 7 (Reuters) - London's West End focused commercial landlords Capital & Counties Properties Plc and Shaftesbury Plc are in advanced talks about a 3.5 billion pound ($4.32 billion) merger, Sky News reported on Saturday.

Read more

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