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Broker tips: Shire, ARM Holdings, Transport, Real estate

Tue, 21st Oct 2014 12:55

Panmure Gordon chose to reiterate its 'buy' recommendation on Shire even though the $54bn pursuit by Abbvie is now officially over, highlighting an "opportunity" for investors to pick up shares after recent falls.Analyst Savvas Neophytou said that the company's rare diseases business still remains "an attractive asset" and that Shire will have "multiple suitors". Allergan and Glaxosmithkline could be potential bidders for Shire's portfolio, he said.Liberum has kept a 'sell' rating on shares of chip designer ARM Holdings despite a "broadly in-line" third quarter, saying that future prospects are likely to be held back by a slowdown in its end-markets.While ARM said it remains on track to hit full-year forecasts and painted an upbeat picture for the fourth quarter, Liberum reiterated its negative outlook: "While licensing continues to be strong for the company, we expect royalty growth to disappoint as smartphone and tablet growth continues to slowdown."Broker Shore Capital welcomed transport group Go-Ahead's latest update but said it was keener on rival Stagecoach.Shore said it remained a firm supporter of Go-Ahead and its strategy, but it said that it believed there was better value elsewhere in the sector, given the lack of rail franchise news likely in the near term.Credit Suisse has highlighted an "attractive entry point" for potential investors of Rightmove and Zoopla, downplaying concerns about the threat to the UK estate agent portal industry from newcomer Agents' Mutual."We conclude that Agents' Mutual membership is growing, the risks are real and will impact Rightmove and Zoopla 2015 numbers, but that with the stocks down 13% and 17% respectively over the last month the risks are priced in," Credit Suisse said.
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16 Jun 2021 05:50

Rail firms blast UK plan to cut taxes on domestic flights

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10 Jun 2021 11:24

Go-Ahead outlook improves amid surging passenger demand for travel

Go-Ahead outlook improves amid surging passenger demand for travel

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10 Jun 2021 07:57

Go-Ahead ups outlook as passengers return to buses

(Sharecast News) - Go-Ahead said passengers were returning to its buses as lockdown restrictions eased and the company upgraded its financial outlook for the current year.

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3 Jun 2021 15:51

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

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26 May 2021 11:49

Go-Ahead CEO David Brown to retire at end of 2021 after 10 years

Go-Ahead CEO David Brown to retire at end of 2021 after 10 years

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26 May 2021 10:14

Go-Ahead boss announces retirement

(Sharecast News) - Go-Ahead Group chief executive David Brown is to step down after a decade in the role, the bus and rail operator said on Wednesday.

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26 May 2021 07:09

Go-Ahead CEO David Brown to retire at the end of the year

LONDON, May 26 (Reuters) - British rail and bus operator Go-Ahead said on Wednesday its chief executive David Brown planned to retire at the end of this year after 10 years in the role, and that it had started a process to find his replacement.Br...

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13 May 2021 13:08

Thursday broker round-up

(Sharecast News) - Hargreaves Lansdown: Numis downgrades to add with a target price of 2,019p.

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13 May 2021 10:45

Canaccord hikes target price on Go-Ahead

(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on public transport operator Go-Ahead Group from 1,135.0p to 1,540.0p on Thursday, stating the group was now in the process of preparing for "a strong recovery".

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28 Apr 2021 11:04

SMALL-CAP WINNERS & LOSERS: Stagecoach founders sell down stake

SMALL-CAP WINNERS & LOSERS: Stagecoach founders sell down stake

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28 Apr 2021 09:43

BROKER RATINGS: Peel Hunt boosts Playtech to Buy from Reduce

BROKER RATINGS: Peel Hunt boosts Playtech to Buy from Reduce

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23 Apr 2021 12:26

UPDATE 4-FirstGroup's $4.6 bln N.American sale boosts shares

* To sell FirstStudent, FirstTransit to Sweden's EQT Infrastructure* Proposes 30p per share return to shareholders in 2021* Greyhound not part of sale* Shares rise as much as 19%, highest in 13 months (Adds EQT statement, debt, peer performance)By ...

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14 Apr 2021 09:38

BROKER RATINGS: UBS says buy FirstGroup, National Express, Stagecoach

BROKER RATINGS: UBS says buy FirstGroup, National Express, Stagecoach

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26 Mar 2021 11:08

SMALL-CAP WINNERS & LOSERS: TT Electronics rises on test approval hope

SMALL-CAP WINNERS & LOSERS: TT Electronics rises on test approval hope

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15 Mar 2021 07:49

UK PM pledges 3 bln stg for England's bus network

LONDON, March 15 (Reuters) - British Prime Minister Boris Johnson will invest 3 billion pounds ($4.17 billion) in England's bus network, aiming to provide more frequent, cheaper services to encourage people to catch the bus instead of using the c...

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