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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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11 Mar 2021 11:01

Go-Ahead profit falls, expects to see passenger return in spring

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11 Mar 2021 10:48

SMALL-CAP WINNERS & LOSERS: Renewi and Volution lift full-year outlook

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11 Mar 2021 09:07

Go-Ahead lifts full-year expectations

(Sharecast News) - Rail and bus operator Go-Ahead Group reported a fall in first-half profit on Thursday as fewer people used public transport due to the pandemic, but lifted its expectations for 2021 as it expects passenger numbers to recover once restrictions are eased.

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4 Mar 2021 15:59

UK earnings, trading statements calendar - next 7 days

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18 Jan 2021 09:34

UK BROKER RATINGS SUMMARY: Land Securities And Dixons Get Upgrades

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12 Jan 2021 09:53

UK BROKER RATINGS SUMMARY: Berenberg Starts Coverage On Avast At Buy

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4 Dec 2020 09:42

UK BROKER RATINGS SUMMARY: Croda Raised; Deutsche Says Buy easyJet

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3 Dec 2020 10:27

Go-Ahead Presses On With Payout Plans As Financial Outlook Improves

Go-Ahead Presses On With Payout Plans As Financial Outlook Improves

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3 Dec 2020 09:06

Go-Ahead raises expectations for London and international bus units

(Sharecast News) - Transport provider Go-Ahead Group said on Thursday that its outlook for the 2021 trading year had improved, leading the firm to increase expectations in its London and international bus divisions.

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26 Nov 2020 16:08

UK Earnings, Trading Statements Calendar - Next 7 Days

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13 Nov 2020 16:06

UK Shareholder Meetings Calendar - Next 7 Days

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21 Oct 2020 11:00

UK's HS1 becomes the country's first renewable-powered railway

LONDON, Oct 21 (Reuters) - Britain's HS1 railway link to the Channel Tunnel is the country's first train line to run entirely on renewable energy, with wind and solar powering the trains between London and the Kent coast, the operating company sai...

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14 Oct 2020 12:40

HSBC upgrades Stagecoach, Go-Ahead; downgrades Firstgroup

(Sharecast News) - HSBC downgraded its stance on FirstGroup on Wednesday, but lifted its ratings on Go-Ahead and Stagecoach as it took a look at UK bus and rail operators.

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14 Oct 2020 09:43

UK BROKER RATINGS SUMMARY: HSBC Says Buy Go-Ahead And Stagecoach

UK BROKER RATINGS SUMMARY: HSBC Says Buy Go-Ahead And Stagecoach

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