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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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22 May 2020 07:22

Go-Ahead Group warns coronavirus will hit profit

LONDON, May 22 (Reuters) - Britain's Go-Ahead Group warned that the impact of the novel coronavirus would hit its profits this year, as it said it was in a strong position in the long-term given the secured revenues on some of its transport contr...

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21 May 2020 09:30

UK BROKER RATINGS SUMMARY: RBC Cuts Experian To Sector Perform

UK BROKER RATINGS SUMMARY: RBC Cuts Experian To Sector Perform

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18 May 2020 11:45

UPDATE 1-With one-way systems and floor markings, Britain increases rail services

(Adds detail, background, Network Rail chairman comments)LONDON, May 18 (Reuters) - Britain's rail network on Monday added more services for the first time since the country went into coronavirus lockdown two months ago, testing new measures to en...

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15 May 2020 09:12

UPDATE 2-Miners boost London stocks after solid China data

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* China factory output climbs for first time in 2020* UK stocks end week lower on virus woes* BoE chief says not considering negative interest rates* FTSE 100 up 1%, FTSE 250 ad...

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4 May 2020 13:34

Monday broker round-up

(Sharecast News) - Go-Ahead Group: Canaccord upgrades to buy with a target price of 1,650p.

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28 Apr 2020 09:29

UK BROKER RATINGS SUMMARY: Berenberg Raises Morrison, Cuts Sainsbury's

UK BROKER RATINGS SUMMARY: Berenberg Raises Morrison, Cuts Sainsbury's

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28 Apr 2020 08:11

LONDON BRIEFING: Lender HSBC Expects "Materially" Lower Profit In 2020

LONDON BRIEFING: Lender HSBC Expects "Materially" Lower Profit In 2020

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21 Apr 2020 16:33

UK DIRECTOR DEALINGS SUMMARY: Robert Walters Buys GBP100,000 Worth

UK DIRECTOR DEALINGS SUMMARY: Robert Walters Buys GBP100,000 Worth

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7 Apr 2020 09:29

UK BROKER RATINGS SUMMARY: UBS Raises National Grid And Cuts Centrica

UK BROKER RATINGS SUMMARY: UBS Raises National Grid And Cuts Centrica

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3 Apr 2020 17:14

LONDON MARKET CLOSE: Stocks Sink As Covid-19 Halts US Jobs Growth

LONDON MARKET CLOSE: Stocks Sink As Covid-19 Halts US Jobs Growth

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3 Apr 2020 12:03

LONDON MARKET MIDDAY: Stocks Down As Investors Await US Jobs Report

LONDON MARKET MIDDAY: Stocks Down As Investors Await US Jobs Report

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3 Apr 2020 10:33

UK WINNERS & LOSERS SUMMARY: Transport Firms Rise On UK Government Aid

UK WINNERS & LOSERS SUMMARY: Transport Firms Rise On UK Government Aid

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3 Apr 2020 10:05

UPDATE 2-Britain's FTSE 100 ends with a weekly loss as insurers slide on dividend woes

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 down 1.2%, FTSE 250 drops 2.3%* UK insurers down after EU asks peers to suspend dividend* London bus operators gain as government throws lifeline* BP, Royal Dutch She...

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3 Apr 2020 08:58

TOP NEWS: Bus Operators Welcome Financial Support From UK Government

TOP NEWS: Bus Operators Welcome Financial Support From UK Government

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3 Apr 2020 08:47

LONDON MARKET OPEN: Shell And BP Retrace But Bus Operators Cheer Aid

LONDON MARKET OPEN: Shell And BP Retrace But Bus Operators Cheer Aid

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