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BROKER RATINGS SUMMARY: Bernstein Cuts Next And M&S To Underperform

Fri, 15th Jul 2016 08:33

LONDON (Alliance News) - The following shares received analyst recommendations Friday morning and Thursday:
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FTSE 100
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BERNSTEIN CUTS NEXT TO 'UNDERPERFORM' ('MARKET PERFORM') - TARGET 4600 (5400) PENCE
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BERNSTEIN CUTS MARKS & SPENCER TO 'UNDERPERFORM' ('MARKET PERFORM') - TARGET 285 (360) PENCE
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EXANE BNP CUTS RBS PRICE TARGET TO 200 (230) PENCE - 'NEUTRAL'
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EXANE BNP CUTS BARCLAYS PRICE TARGET TO 165 (170) PENCE - 'NEUTRAL'
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Liberum Ups Schroders To Buy From Hold, Keeps Target At 2,399p
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JPMORGAN RAISES EXPERIAN PRICE TARGET TO 1767 (1510) PENCE - 'OVERWEIGHT'
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CHARLES STANLEY CUTS EXPERIAN TO 'HOLD' ('BUY')
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GOLDMAN RAISES EXPERIAN PRICE TARGET TO 1452 (1402) PENCE - 'NEUTRAL'
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Investec Cuts Kingfisher Target To 265p From 295p, Keeps Sell
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TRADERS: DEUTSCHE BANK CUTS RELX TO 'HOLD' ('BUY')
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UBS INITIATES RELX WITH 'BUY' - TARGET 1600 PENCE
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UBS RAISES INTERTEK PRICE TARGET TO 4000 (3650) PENCE - 'BUY'
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UBS RAISES BUNZL PRICE TARGET TO 2310 (2100) PENCE - 'NEUTRAL'
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UBS RAISES ASHTEAD GROUP PRICE TARGET TO 1125 (900) PENCE - 'NEUTRAL'
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JPMORGAN CUTS TRAVIS PERKINS PRICE TARGET TO 1775 (2400) PENCE - 'OVERWEIGHT'
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HSBC RAISES ANGLO AMERICAN PRICE TARGET TO 880 (780) PENCE - 'HOLD'
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JPMORGAN CUTS ANTOFAGASTA PRICE TARGET TO 400 (410) PENCE - 'NEUTRAL'
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JPMORGAN RAISES WOLSELEY PRICE TARGET TO 4400 (4100) PENCE - 'NEUTRAL'
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JPMORGAN RAISES RANDGOLD RESOURCES PRICE TARGET TO 7300 (7200) PENCE - NEUTRAL
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JPMORGAN RAISES FRESNILLO PRICE TARGET TO 1360 (1200) PENCE - 'NEUTRAL'
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JPMORGAN RAISES RIO TINTO PRICE TARGET TO 3000 (2250) PENCE - 'OVERWEIGHT'
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JPMORGAN RAISES BHP BILLITON PRICE TARGET TO 900 (800) PENCE - 'UNDERWEIGHT'
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FTSE 250
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CITIGROUP RAISES SERCO GROUP PRICE TARGET TO 115 (105) PENCE - 'NEUTRAL'
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CREDIT SUISSE RAISES MICRO FOCUS PRICE TARGET TO 1732 (1540) PENCE - 'NEUTRAL'
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JPMORGAN RAISES MICRO FOCUS PRICE TARGET TO 1800 (1600) PENCE - 'NEUTRAL'
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UBS RAISES MICRO FOCUS PRICE TARGET TO 2090 (1970) PENCE - 'BUY'
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LIBERUM RAISES HAYS PRICE TARGET TO 130 (125) PENCE - 'BUY'
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JPMORGAN RAISES HAYS PRICE TARGET TO 110 (105) PENCE - 'NEUTRAL'
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JEFFERIES CUTS SENIOR PRICE TARGET TO 235 (250) PENCE - 'BUY'
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JEFFERIES CUTS ESSENTRA PRICE TARGET TO 715 (950) PENCE - 'BUY'
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EXANE BNP RAISES VIRGIN MONEY PRICE TARGET TO 360 (350) PENCE - 'OUTPERFORM'
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HSBC CUTS HALFORDS GROUP PRICE TARGET TO 380 (430) PENCE - 'BUY'
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JPMORGAN CUTS BTG PRICE TARGET TO 790 (800) PENCE - 'NEUTRAL'
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JPMORGAN RAISES ASHMORE GROUP PRICE TARGET TO 250 (220) PENCE - 'UNDERWEIGHT'
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GOLDMAN RAISES ASHMORE GROUP PRICE TARGET TO 420 (310) PENCE - 'BUY'
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TRADERS: GOLDMAN RAISES ASHMORE GROUP TO 'BUY' ('NEUTRAL')
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UBS CUTS G4S PRICE TARGET TO 240 (305) PENCE - 'BUY'
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UBS CUTS ELECTROCOMPONENTS PRICE TARGET TO 270 (290) PENCE - 'NEUTRAL'
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UBS RAISES AGGREKO PRICE TARGET TO 850 (800) PENCE - 'SELL'
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UBS RAISES PLAYTECH PRICE TARGET TO 1000 (940) PENCE - 'BUY'
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JPMORGAN CUTS SIG PRICE TARGET TO 120 (140) PENCE - 'NEUTRAL'
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JPMORGAN RAISES KAZ MINERALS PRICE TARGET TO 150 (130) PENCE - 'UNDERWEIGHT'
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JPMORGAN RAISES ACACIA MINING PRICE TARGET TO 490 (440) PENCE - 'OVERWEIGHT'
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CHARLES STANLEY INITIATES GREENE KING WITH 'BUY'
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MAIN MARKET AND AIM
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CITIGROUP CUTS GVC HOLDING TO 'NEUTRAL' ('BUY') - TARGET 675 (580) PENCE
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PANMURE CUTS ROCKHOPPER EXPLORATION PRICE TARGET TO 85 (90) PENCE - 'BUY'
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PANMURE CUTS NOSTRUM OIL PRICE TARGET TO 360 (400) PENCE - 'BUY'
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PANMURE RAISES FAROE PETROLEUM PRICE TARGET TO 140 (135) PENCE - 'BUY'
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HSBC CUTS GAME DIGITAL PRICE TARGET TO 70 (140) PENCE - 'HOLD'
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HSBC RAISES SOUTH32 PRICE TARGET TO 115 (92) PENCE - 'HOLD'
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N+1 Singer Ups EKF Diagnostics To Buy From Hold, Keeps Target At 18p
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.

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8 Jan 2019 17:17

UPDATE: DNO Raises Faroe Petroleum Offer To 160 Pence Per Share

LONDON (Alliance News) - Norwegian oil & gas firm DNO ASA on Tuesday increased its final cash offer for Faroe Petroleum PLC to 160 pence per share from 152p and criticised Faroe's amid the

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8 Jan 2019 09:49

DNO Says Faroe Petroleum Failed To Reveal Oda Field Reserves Downgrade

LONDON (Alliance News) - DNO ASA said Tuesday that a reserves downgrade at Faroe Petroleum PLC's Oda field by Norwegian Petroleum Directorate raises concerns over Faroe's future expected a

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4 Jan 2019 08:24

Norwegian Firm DNO Ups Stake In Takeover Target Faroe Petroleum

LONDON (Alliance News) - DNO ASA said Friday that it has further increased its stake in hostile takeover target Faroe Petroleum PLC to 30.6%.The Norwegian oil and gas operator acquired a on

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3 Jan 2019 11:18

UPDATE: Faroe Petroleum Pushes Back As DNO Offer Becomes Mandatory (ALLISS)

LONDON (Alliance News) - DNO ASA on Thursday said that it increased its stake in Faroe Petroleum PLC to 30% and, as a result, its GBP567 million takeover offer for UK-listed oil and gas company is

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3 Jan 2019 10:06

DNO extends 152p a share offer for Faroe Petroleum

(Sharecast News) - Norwegian oil producer DNO has extended its 152p a share takeover offer for Faroe Petroleum by two weeks to 18 January.

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3 Jan 2019 09:29

DNO Takeover Offer For Faroe Becomes Mandatory As Stake Exceeds 30% (ALLISS)

LONDON (Alliance News) - DNO ASA on Thursday said that it increased its stake in Faroe Petroleum PLC to 30% and, as a result, its GBP567 million takeover offer for UK-listed oil and gas company is

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3 Jan 2019 07:39

LONDON MARKET PRE-OPEN: Next Festive Sales In Line But Outlook Lowered

LONDON (Alliance News) - Stock prices in London are set to open lower on Thursday after a volatile session on Wednesday, which saw the FTSE 100 rally from substantial early losses to close in the

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2 Jan 2019 08:15

Faroe Petroleum's Asset Valuation At Premium To DNO's Takeover Offer

LONDON (Alliance News) - UK and Norway-focused oil and gas company Faroe Petroleum PLC on Wednesday published an independent valuation of its assets, which is said to highlight the inadequacy of a

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2 Jan 2019 07:41

LONDON MARKET PRE-OPEN: Lower Call; Ophir Energy Gets Takeover Offer

LONDON (Alliance News) - Stock prices in London are seen opening lower on Wednesday as markets reopen after the New Year's Day holiday, with Asian stocks having fallen overnight following a of

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27 Dec 2018 15:09

Faroe Petroleum holds firm as DNO urges shareholders to accept offer

(Sharecast News) - Norwegian oil producer DNO has encouraged the shareholders of Faroe Petroleum to accept its 152p a share offer by 2nd January.

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20 Dec 2018 11:13

Faroe Petroleum rebuffs DNO offer again, urges shareholders to reject it

(Sharecast News) - Faroe Petroleum once again rejected an offer from Norwegian oil producer DNO on Thursday, dismissing it as "opportunistic" and urging its shareholders to do nothing.

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12 Dec 2018 14:29

UPDATE: Faroe Petroleum Still Thinks Hostile DNO Offer "Opportunistic"

LONDON (Alliance News) - Faroe Petroleum PLC on Wednesday said it noted DNO ASA's offer and encouraged its shareholders to take no action.The oil & gas company reaffirmed that offer

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12 Dec 2018 13:38

Norway's DNO confirms 152p a share takeover bid for Faroe Petroleum

(Sharecast News) - DNO has confirmed its 152p per share cash offer for Faroe Petroleum.

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12 Dec 2018 10:53

DNO Urges Faroe Petroleum Shareholders To Take Up "Rare" Opportunity

LONDON (Alliance News) - DNO ASA on Wednesday said its hostile takeover offer for Faroe Petroleum PLC is a "rare opportunity" for shareholders to exit the company.Despite Faroe of

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5 Dec 2018 15:17

Faroe confirms commencement of Cassidy well

(Sharecast News) - Independent oil and gas company Faroe Petroleum announced the commencement of the Cassidy exploration well 8/10-7 S in the Norwegian North Sea on Wednesday, where it has a 15% working interest.

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