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LONDON BROKER RATINGS: Credit Suisse cuts AstraZeneca and raises GSK

Thu, 15th Sep 2022 09:30

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

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FTSE 100

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Credit Suisse cuts AstraZeneca to 'neutral' (outperform) - price target 11,000 pence

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Credit Suisse raises GSK to 'neutral' (underperform) - price target 1,430 (1,630) pence

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Jefferies cuts Hikma Pharmaceutical price target to 2020 (2290) pence - 'buy'

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Berenberg cuts Admiral Group price target to 2,819 (2,903) pence - 'buy'

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Berenberg raises InterContinental Hotels target to 6,500 (5,700) pence - 'buy'

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Barclays cuts Whitbread price target to 3,500 (4,000) pence - 'overweight'

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Berenberg cuts Howden Joinery group price target to 620 (780) pence - 'hold'

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RBC cuts Dechra Pharma price target to 4,000 (4,200) pence - 'outperform'

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HSBC raises BT Group to 'buy' (hold)

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FTSE 250

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JPMorgan raises Trainline price target to 425 (420) pence - 'neutral'

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Berenberg cuts Volution price target to 460 (550) pence - 'buy'

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Berenberg cuts Travis Perkins price target to 910 (1,000) pence - 'hold'

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Berenberg cuts Marshalls price target to 380 (400) pence - 'hold'

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Berenberg cuts Ibstock price target to 180 (210) pence - 'hold'

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Berenberg cuts Genuit price target to 470 (530) pence - 'buy'

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Berenberg starts Currys with 'hold' - price target 70 pence

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Barclays cuts John Wood Group price target to 250 (320) pence - 'overweight'

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Barclays cuts C&C Group price target to 230 (240) pence - 'overweight'

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Citigroup raises Tate & Lyle to 'buy' (neutral) - price target 850 pence

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Goldman Sachs cuts Marks & Spencer price target to 125 (140) pence - 'sell'

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Jefferies cuts Redrow price target to 768 (780) pence - 'buy'

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SMALL CAP

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Morgan Stanley raises AIB target to 3 (2,80) EUR - 'equal-weight'

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Morgan Stanley raises Bank of Ireland target to 7,60 (7,40) EUR - 'equal-weight'

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Jefferies cuts DFS Furniture price target to 210 (270) pence - 'buy'

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Berenberg cuts Eurocell price target to 250 (310) pence - 'buy'

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Berenberg cuts Central Asia Metals price target to 300 (310) pence - 'buy'

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Berenberg cuts Forterra price target to 250 (270) pence - 'hold'

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Berenberg cuts Breedon price target to 80 (100) pence - 'buy'

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Goldman Sachs cuts ITM Power price target to 120 (220) pence - 'sell'

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HSBC cuts Johnson Service Group to 'hold' (buy)

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Bank of America raises Fevertree Drinks price target to 1,030 (950) pence - 'neutral'

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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29 Aug 2023 17:00

Miners, homebuilders boost FTSE 100 to 2-weeks high

FTSE 100 hits 2-week high

*

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23 Aug 2023 08:54

LONDON MARKET OPEN: Stocks rise ahead of Jackson Hole, Nvidia results

(Alliance News) - Stock prices in London opened higher on Wednesday, as the mood in European markets continued to improve.

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23 Aug 2023 07:09

Dechra, Hikma, M&S and Diploma set to join FTSE 100

MILAN, Aug 23 (Reuters) - Drugmakers Dechra and Hikma, along with retailer Marks & Spencer and technical products provider Diploma are set to join the UK's blue-chip FTSE 100 index in September, indicative changes announced by FTSE Russell show.

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22 Aug 2023 17:26

TOP NEWS: M&S set to be FTSE 100 outfit again but Persimmon may fall

(Alliance News) - Marks & Spencer Group PLC is primed to make a return to London's premier FTSE 100 index, roughly three years after the founding member was booted out, with abrdn PLC once again among those making way.

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8 Aug 2023 14:57

Dechra says EQT takeover gets antitrust approval in Brazil and Austria

(Alliance News) - Dechra Pharmaceuticals PLC on Tuesday said that its takeover by EQT AB has passed antitrust hurdles in both Brazil and Austria, but is still awaiting approval in the EU and Australia.

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20 Jul 2023 20:42

IN BRIEF: Dechra GBP4.5 billion takeover backed at meetings

Dechra Pharmaceuticals PLC - veterinary drug maker - Says private equity takeover approved at court and general meeting. Dechra says holders of 99% of scheme shares voted in favour at a court meeting. At a general meeting, 99% also backed it. Dechra in June agreed to a downwardly adjusted takeover by EQT AB, which is a Swedish private equity firm, and Luxinva SA, which is controlled by the sovereign wealth fund of the United Arab Emirates. The offer values Dechra at GBP4.46 billion on a fully-diluted basis and gives an enterprise value of GBP4.88 billion.

Read more
4 Jul 2023 12:42

UK earnings, trading statements calendar - next 7 days

Wednesday 5 July 
AO World PLCFull Year Results
Quiz PLCFull Year Results
Redde Northgate PLCFull Year Results
Rockwood Strategic PLCTrading Statement
Supreme PLCFull Year Results
Topps Tiles PLCQ3 Results
Thursday 6 July 
Currys PLCFull Year Results
Equals Group PLCTrading Statement
Ferrexpo PLCTrading Statement
Jet2 PLCFull Year Results
Naked Wines PLCFull Year Results
PayPoint PLCFull Year Results
Robert Walters PLCTrading Statement
Victrex PLCTrading Statement
Workspace Group PLCTrading Statement
Friday 7 July 
MJ Gleeson PLCTrading Statement
Monday 10 July 
Crushmetric Group LtdFull Year Results
Tuesday 11 July 
Begbies Traynor Group PLCFull Year Results
D4t4 Solutions PLCFull Year Results
Dechra Pharmaceuticals PLCTrading Statement
Pittards PLCFull Year Results
Sosandar PLCFull Year Results
Synectics PLCHalf Year Results
Trifast PLCFull Year Results
Velocity Composites PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
27 Jun 2023 08:57

LONDON BROKER RATINGS: UBS cuts BT'; HSBC starts Smiths with 'hold'

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

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6 Jun 2023 10:53

UK takeover activity declines at start of the year

(Alliance News) - Takeovers involving UK companies declined over the first three months of the year, amid tough economic conditions and political uncertainty, according to provisional official figures.

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2 Jun 2023 16:57

LONDON MARKET CLOSE: Stocks higher after red-hot US jobs report

(Alliance News) - Stocks in London ended higher on Friday as markets digested the latest US employment report, which came in far hotter than expected, and cheered as a bill to raise the US debt ceiling passed the Senate.

Read more
2 Jun 2023 12:17

LONDON MARKET MIDDAY: Stocks up on US debt ceiling; jobs report ahead

(Alliance News) - Stock prices in London were higher at midday on Friday, as market attention shifts to US nonfarm payrolls this afternoon, while the US debt ceiling saga draws to a close.

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2 Jun 2023 11:43

UK "seen as less accommodating" for big business, despite Dechra deal

(Alliance News) - Analysts were divided over what the latest takeover deal for a London mid-cap means for the wider financial market in the UK.

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2 Jun 2023 09:04

LONDON MARKET OPEN: Stocks up on US debt deal; Dechra up on takeover

(Alliance News) - Stock prices in London opened higher on Friday, after a week dominated by the US debt ceiling agreement, which was passed by the Senate late Thursday.

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2 Jun 2023 07:59

TOP NEWS: Dechra Pharmaceuticals agrees to GBP4.5 billion takeover

(Alliance News) - Dechra Pharmaceuticals PLC on Friday said it agreed to a takeover by EQT Fund Management SARL and Luxinva SA valuing it at GBP4.46 billion.

Read more
2 Jun 2023 07:59

LONDON BRIEFING: Shares up on US debt deal vote; Dechra backs takeover

(Alliance News) - Stocks in London were called to open higher on Friday, after trading in Asia rallied on news the US Senate passed a debt ceiling bill to avoid a US default.

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