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Wednesday broker round-up UPDATE

Wed, 12th Nov 2014 09:07

Aberdeen: 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.BP: Deutsche Bank cuts target price from 550p to 500p and retains its hold recommendation.BTG: Deutsche Bank ups target price from 760p to 790p, reiterating a buy recommendation. JP Morgan raises target price from 760p to 830p and maintains an overweight rating.Cape: Investec upgrades from add to buy with a target price of 325p.CRH: Numis lowers target price to 1300p with a hold recommendation.Croda International: Liberum Capital increases target price from 2000p to 2450p and upgrades to hold.Dairy Crest: Societe Generale ups target price from 410p to 470p and stays with its hold recommendation.Dignity: Investec raises target price from 1660p to 1800p and maintains a buy recommendation.Fenner: Citi cuts target price from 410p to 350p, retaining its buy recommendation.Friends Life: Deutsche Bank shifts target price from 330p to 335p, maintaining a hold recommendation.Greene King: Goodbody initiates with a target price of 945p and a buy recommendation.InterContinental Hotels Group: Numis raises target price from 2400p to 2600p and keeps its hold recommendation.Land Securities: Exane ups target price from 1300p to 1330p and maintains an outperform rating. Morgan Stanley increases target price from 1280p to 1310p and retains an overweight rating.Mears Group: Investec reduces target price from 520p to 450p and downgrades from buy to hold.Mitchells & Butlers: Goodbody initiates with a target price of 390p and a hold recommendation.Moneysupermarket: Canaccord ups target price from 215p to 236p and retains a buy recommendation. Westhouse moves target price from 223p to 230p and stays with its add rating. Investec shifts target price from 222p to 230p and retains a buy recommendation.Morgan Advanced Materials: Citi lowers target price from 340p to 330p and keeps a buy recommendation.Optos: Canaccord moves target price from 231p to 249p and maintains a buy recommendation.Oxford Instruments: JP Morgan reduces target price from 1650p to 1350p and maintains an overweight rating. Berenberg reduces target price from 1720p to 1360p, while staying with its buy recommendation.Playtech: Credit Suisse reduces target price from 780p to 580p and downgrades from neutral to underperform.Renishaw: UBS raises target price from 1750p to 2000p and reiterates a neutral rating.Royal Dutch Shell: Deutsche Bank reduces target price from 2850p to 2600p, while staying with its buy recommendation.Safestore: Investec ups target price from 243p to 266p and retains a buy recommendation.Senior: JP Morgan initiates with a target price of 400p and an overweight rating.Serco Group: Numis reduces target price from 295p to 185p and retains its reduce rating. UBS reduces target price from 320p to 215p and keeps a neutral rating.Smith & Nephew: Berenberg raises target price from 920p to 990p and retains a hold recommendation.Smith (WH): Canaccord raises target price from 1225p to 1360p and keeps a buy recommendation. Cantor Fitzgerald ups target price from 1100p to 1150p and reiterates a hold recommendation.Sportech: Investec lowers target price from 110p to 102p, while reiterating its buy recommendation.Talk Talk Telecom: Nomura cuts target price from 300p to 275p and reiterates a neutral rating.Taylor Wimpey: Credit Suisse moves target price from 127p to 136p and retains a neutral rating.Tracsis: WH Ireland ups target price from 400p to 445p and keeps a buy recommendation.Tullow Oil: Canaccord reduces target price from 650p to 450p and reiterates a hold recommendation.Victoria: Cantor Fitzgerald ups target price from 420p to 490p and keeps a buy recommendation.Vodafone: JP Morgan shifts target price from 260p to 265p and retains an overweight rating. UBS shifts target price from 260p to 265p and keeps a buy recommendation.Wetherspoon (JD): Goodbody initiates with a target price of 850p and a hold recommendation.Workspace: PeelHunt raises target price from 670p to 770p and maintains a buy recommendation. Investec places its target price (prev.: 706p) under review, while keeping its buy recommendation.
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Cape secures scaffolding contract in Saudi Arabia

(ShareCast News) - Cape, which provides critical industrial services to the energy and natural resources sector, has secured a scaffolding contract in Saudi Arabia from Daewoo. The company's Saudi operations have received a scaffold contract amendment to provide for an increased scope of 107,000 squ

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5 Jan 2017 07:50

Cape sees FY results 'materially ahead' of current views

(ShareCast News) - Cape said on Thursday that its full-year results for 2016 are likely to be "materially ahead" of current market expectations, as it announced the award of additional work packages on the Chevron-operated Wheatstone natural gas project. The company, which provides critical industr

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2 Dec 2016 14:49

Friday broker round-up

(ShareCast News) - John Menzies: Berenberg starts coverage at buy with a target price of 660p. Synthomer: Jefferies stays at hold 367p target. WPP: Deutsche Bank reiterates buy with a 1890p target. MCBride: Berenberg starts coverage at buy with a 220p target. Acacia Mining: Canaccord stays at ove

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18 Nov 2016 08:57

Cape warns of increased risks from asbestos litigation claims

(ShareCast News) - Although its full year results are likely to beat market expectations, shares in Cape have fallen to their lowest in seven and a half years as the industrial services group warned of "increased risk" of adverse impact from industrial disease litigation claims over its old asbestos

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5 Oct 2016 06:49

Cape Signs Extended And Expanded North Sea Contract With Perenco

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24 Aug 2016 08:28

BROKER RATINGS SUMMARY: RBC Upgrades OneSavings Bank To Outperform

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23 Aug 2016 11:33

Cape has mixed first six months due to weak UK business

(ShareCast News) - Cape, an international provider of industrial services to the energy and natural resources sector, reported mixed results for the first half of the year due to weaknesses in the UK business, but maintained that full-year expectations were unchanged. For the six months ended 3 July

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23 Aug 2016 11:00

LONDON MARKET MIDDAY: Persimmon Results Inspire Housebuilder Rally

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23 Aug 2016 07:42

BUZZ-Cape: falling profit hits shares

** Cape -3.1 pct, within touching distance of a multi-year low ** Co, which provides insulation and coatings to the energy sector, says H1 PBT from cont ops down to 1.4 mln stg vs 17.6 mln stg last year ** H1 revenue up 10 pct, driven by Asia Pacific business, but says weaker-than-exp

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21 Jul 2016 08:31

BROKER RATINGS SUMMARY: Credit Suisse Cuts United Utilities To Neutral

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20 Jul 2016 08:25

Cape Increases Provision For Historical Industrial Disease Claims

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Cape Agrees To Amend And Extend Revolving Credit Facility

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