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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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11 Sep 2015 07:25

BUZZ-European telcos hit a bump as TeliaSonera and Telenor call off Danish merger

** TDC falls 5.9 pct to lows not seen since November 2012 after TeliaSonera and Telenor call off plans to merge their Danish unit ** Merger blocked by the European Commision ** TDC has struggled with increased competition in the Danish market compared with other European countriesRead more

14 Aug 2015 12:41

Cable & Wireless appoints former Pearson CFO to its board

(ShareCast News) - Cable & Wireless Communications has appointed former Pearson chief financial officer Robin Freestone to its board. Freestone was the CFO of Pearson from 2006 up until August 2015, and deputy CFO prior to that. The telco said Freestone would be a non-executive director from 17 Aug

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14 Aug 2015 12:12

Cable & Wireless reshuffles non-exec board

(ShareCast News) - Telecoms service provider Cable & Wireless has appointed Robin Freestone as non-executive director. Freestone, the former chief financial officer of Pearson and the current non-executive director of Moneysupermarket.com, will step into his new role on 17 August, the FTSE 250 group

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