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LONDON BROKER RATINGS: Investec prefers 888 over Entain

Tue, 28th Sep 2021 09:40

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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FTSE 100

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CITIGROUP RAISES BRITISH LAND TO 'NEUTRAL' ('SELL') - TARGET 526 (285) PENCE

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CITIGROUP RAISES LAND SECURITIES TO 'NEUTRAL' ('SELL') - TARGET 755 (506) PENCE

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UBS RAISES SPIRAX-SARCO PRICE TARGET TO 16,000 (12,500) PENCE - 'NEUTRAL'

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UBS RAISES DS SMITH PRICE TARGET TO 422 (414) PENCE - 'NEUTRAL'

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DEUTSCHE BANK RAISES PRUDENTIAL PRICE TARGET TO 1,680 (1,650) PENCE - 'BUY'

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GOLDMAN SACHS CUTS SAGE GROUP TO 'SELL' ('NEUTRAL') - TARGET 700 (660) PENCE

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INVESTEC INITIATES ENTAIN WITH 'HOLD' - TARGET 2,400 PENCE

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JPMORGAN RAISES UNITED UTILITIES TARGET TO 1,060 (1,050) PENCE - 'OVERWEIGHT'

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HSBC RAISES FLUTTER TO 'BUY' (HOLD) - PRICE TARGET 17,400 (14,000) PENCE

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UBS CUTS MONDI PRICE TARGET TO 2,100 (2,200) PENCE - 'BUY'

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UBS CUTS BRITISH AMERICAN TOBACCO PRICE TARGET TO 3,500 (3,600) PENCE - 'BUY'

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JPMORGAN RAISES ROLLS-ROYCE PRICE TARGET TO 150 (130) PENCE - 'NEUTRAL'

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FTSE 250

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RBC RAISES ELECTROCOMPONENTS TO 'OUTPERFORM' ('SECTOR PERFORM') - TARGET 1,350 (1,070) PENCE

INVESTEC RESUMES 888 HOLDINGS WITH 'BUY' - TARGET 660 PENCE

JEFFERIES RAISES OXFORD BIOMEDICA PRICE TARGET TO 1,450 (1,180) PENCE - 'HOLD'

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OTHER MAIN MARKET AND AIM

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UBS RAISES RYANAIR PRICE TARGET TO 17.5 (16.8) EUR - 'NEUTRAL'

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PEEL HUNT RAISES NEXT FIFTEEN TO 'ADD' ('HOLD') - TARGET 1,220 (1,130) PENCE

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PEEL HUNT RAISES GAMMA COMMUNICATIONS TO 'BUY' ('HOLD') - TARGET 2,225 PENCE

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BERENBERG RAISES SUPERDRY PRICE TARGET TO 280 (235) PENCE - 'HOLD'

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PEEL HUNT INITIATES CLIPPER LOGISTICS WITH 'HOLD' - TARGET 865 PENCE

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Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
25 May 2022 08:28

LONDON BRIEFING: M&S warns on cost hit to profit but is well placed

(Alliance News) - Marks & Spencer on Wednesday reported a swing to profit for the year ended April 2, but the clothing, homewares and food retailer cautioned on profit in the year ahead, amid the war in Ukraine and investment plans.

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24 May 2022 14:51

GXO completes Clipper Logistics acquisition following court approval

(Alliance News) - Clipper Logistics PLC on Tuesday said the acquisition by GXO Logistics Inc is complete, following the sanction of the scheme by the High Court of Justice in England & Wales on Friday.

Read more
20 May 2022 14:13

IN BRIEF: Clipper Logistics applies to delist as scheme is sanctioned

Clipper Logistics PLC - Leeds, England-based e-fulfilment services provider - Says the High Court of Justice in England & Wales sanctioned the scheme for its takeover by Clipper by GXO Logistics Inc, leading to the cash and share offer from GXO being implemented. Says the scheme will become effective but remains conditional on the delivery of the court order to the Registrar of Companies. Expects this to take place on Tuesday next week.

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18 May 2022 13:02

IN BRIEF: GXO waives UK approval condition for Clipper Logistics deal

Clipper Logistics PLC - Leeds, England-based e-fulfilment services provider - GXO Logistics Inc waives clearance by the UK Competition & Markets Authority as a condition for its takeover offer for Clipper to complete. GXO notes that the CMA has issued an initial enforcement order to ensure that Clipper continues to be run independently from GXO until the watchdog's review of the acquisition has been completed.

Read more
12 May 2022 10:09

IN BRIEF: GXO gets clearance from Polish watchdog for Clipper takeover

GXO Logistics Inc - Connecticut, US-based warehousing and distribution firm - Says the president of the Polish Office of Competition & Consumer Protection decided to approve the acquisition of Clipper Logistics PLC on terms "reasonably satisfactory" to GXO. Adds that the approval is unconditional. Notes that the completion of the acquisition remains dependent on the remaining conditions set out in the scheme document.

Read more
8 Apr 2022 21:08

DIRECTOR DEALINGS: Taseko Mines director buys shares worth USD293,000

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

Read more
2 Mar 2022 18:18

TOP NEWS: Evraz and Polymetal exit FTSE 100 amid Russia fallout

(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, March 21 after completing its quarterly review.

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28 Feb 2022 21:19

IN BRIEF: Clipper Logistics agrees GBP965 million GXO Logistics offer

Clipper Logistics PLC - Leeds, England-based e-fulfilment services provider - Agrees to takeover by Connecticut, US-based warehousing and distribution firm GXO Logistics Inc for GBP965 million in cash and shares.

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28 Feb 2022 08:50

Clipper board agrees cash-and-share offer from GXO Logistics

(Sharecast News) - Clipper Logistics announced on Monday that it had agreed a recommended cash offer from GXO Logistics, with shareholders set to receive 690p and 0.0359 new GXO shares for each Clipper share.

Read more
22 Feb 2022 19:07

easyJet could return to FTSE 100 next month, Dechra may be bumped

(Alliance News) - FTSE Russell late Tuesday indicated that, ahead of next week's quarterly UK index review, airline easyJet PLC could once again fly into the FTSE 100 index, with veterinary products company Dechra Pharmaceuticals PLC bumped out in the process.

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21 Feb 2022 17:02

LONDON MARKET CLOSE: Risk-off trade as Russia-Ukraine concerns persist

(Alliance News) - Worries over Ukraine dominated once more at the start of the week, with the FTSE 100's morning gains giving way to risk-off trade in the afternoon on doubts over a summit between Russia and the US.

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21 Feb 2022 12:23

CORRECT: SMALL-CAP WINNERS & LOSERS: Clipper set for takeover

(Correcting that BATM Advanced Communications shares did not hit 12-month high on Monday and are 60% off the 12 month high.)

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21 Feb 2022 12:14

LONDON MARKET MIDDAY: Stocks down as Russia pours cold water on summit

(Alliance News) - Stock prices in London turned lower at midday on Monday after conflicting statements about plans for a US-Russia summit to discuss Ukraine, dousing an earlier wave of optimism.

Read more
21 Feb 2022 11:18

Clipper Logistics agrees to GBP940 million takeover by US peer GXO

(Alliance News) - Clipper Logistics on Monday said it has agreed to be acquired by Connecticut, US-based warehousing and distribution company GXO Logistics Inc for GBP941 million in cash and shares.

Read more
21 Feb 2022 10:56

SMALL-CAP WINNERS & LOSERS: Clipper, John Menzies set for takeovers

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

Read more

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