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Monday broker round-up

Mon, 15th Dec 2014 09:29

Ashtead Group: Berenberg raises target price from 1170p to 1345p and keeps its 'buy' recommendation.Aviva: Citi increases target price from 590p to 620p and maintains a 'buy' recommendation.Bellway: Deutsche Bank ups target price from 1760p to 1778p and reiterates its 'hold' recommendation.Berkeley Group: Credit Suisse ups target price from 2550p to 2600p and maintains a 'neutral' rating.Cable & Wireless: Jefferies upgrades to 'buy' with a target price of 61p.Friends Life: Citi raises target price from 316p to 369p and maintains a 'neutral' rating.Hays: Deutsche Bank shifts target price from 120p to 125p and retains a 'hold' recommendation.IMI: Deutsche Bank initiates with a target price of 1250p and a 'hold' recommendation.Legal & General Group: Citi ups target price from 220p to 264p and retains a 'neutral' rating.Pennon Group: JP Morgan ups target price from 870p to 890p and retains a 'neutral' rating.Prudential: Citi raises target price from 1645p to 1771p, leaving its 'buy' recommendation unchanged.RPS Group: JP Morgan reduces target price from 263p to 196p and downgrades to 'underweight'.Standard Life: Citi increases target price from 390p to 443p and stays with its 'neutral' rating.UBM: Liberum reduces target price from 840p to 620p, keeping its 'buy' recommendation.United Utilities: JP Morgan ups target price from 1020p to 1070p and keeps an 'overweight' rating.Victrex: N+1 Singer raises target price from 1860p to 2100p and reiterates a 'buy' recommendation.WEIR Group: Deutsche Bank initiates with a target price of 1975p and a 'buy' recommendation.
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13 May 2016 16:04

Cable & Wireless CEO To Step Down Monday On Liberty Takeover

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5 May 2016 15:14

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8 Apr 2016 07:02

Dechra Pharmaceuticals Taps Former Cable & Wireless Head As Chairman

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15 Mar 2016 11:37

BUZZ-UK Budget: Liberum latest to warn of interest tax change

** Liberum latest broker to warn a possible change in the way UK allows cos to claim tax breaks could hit highly-levered stocks ** Government looking to cap tax breaks from interest payments on debt at 10-30 pct of EBITDA. Link: http://bit.ly/1MgJSoO ** Liberum screens for stocks with

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22 Feb 2016 15:19

Cable & Wireless reveals further details on Liberty Global takeover

(ShareCast News) - Cable & Wireless Communications shares rose on Monday after the company said it had reached an agreement on the terms of Liberty Global's proposed takeover deal. Liberty Global has offered to buy the entire issued share capital of CWC for £5.4bn, expanding its telecoms business in

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18 Feb 2016 09:31

BROKER RATINGS SUMMARY: JPMorgan Raises Auto Trader To Overweight

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11 Feb 2016 12:27

Cable & Wireless Reports Sales Rise Ahead Of Liberty Global Takeover

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11 Feb 2016 12:10

Cable & Wireless posts rise in third quarter earnings

(ShareCast News) - Telecoms provider Cable & Wireless reported a rise in third quarter earnings and revenue, underpinned by cost synergies. Third quarter earnings before interest, taxes, depreciation and amortisation rose 16% to $238m and year-to-date EBITDA was up 8% to $665m. Third quarter revenu

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4 Feb 2016 16:30

Earnings, Trading Statements Calendar - Week Ahead

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17 Nov 2015 18:03

C&W launches consent on Liberty purchase agreement

By Paul Kilby NEW YORK, Nov 17 (IFR) - Caribbean telecom operator Cable & Wireless Communications launched a consent solicitation for US$750m of its 2022s after Liberty Global agreed to buy the company in a deal valued at US$8.2bn including debt. The company is asking holders to waive

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17 Nov 2015 08:33

LONDON MARKET OPEN: Resilient Smiths Group Leads Early Gains

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16 Nov 2015 19:25

Liberty Global to acquire Cable&Wireless in £3.5bn deal

(ShareCast News) - Liberty Global reached an agreement on Monday to purchase Cable&Wireless Communications in a cash and stock deal valuing the carrier at £3.5bn ($5.3bn). The transaction - which valued the London-listed carrier at 10.7 operating earnings - was set to extend the reach of his enterpr

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16 Nov 2015 19:00

Liberty Global Agrees To Acquire Cable & Wireless For GBP3.6 Billion

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12 Nov 2015 09:35

BROKER RATINGS SUMMARY: S&P Says SSE Is Strong Sell

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10 Nov 2015 11:39

UPDATE 1-Bahrain's Batelco Q3 net profit falls 16 pct

* Q3 profit 13.4 mln dinars vs 16 mln dinars a yr ago * Q3 revenue 93.9 mln dinars vs 97.3 mln dinars a yr ago (Adds details) By Matt Smith DUBAI, Nov 10 (Reuters) - Bahrain Telecommunications Co (Batelco) reported a 16 percent fall in third-quarter profit on Tuesday on decli

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