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Friday broker round-up UPDATE

Fri, 06th Sep 2013 08:01

Antofagasta: Canaccord Genuity lowers target price from 1035p to 1020p, while leaving its buy recommendation unchanged.Ashmore Group: Canaccord Genuity downgrades from buy to hold with a target price of 380p.Associated British Foods: Societe Generale upgrades to hold with a target price of 1900p.Bellway: Panmure Gordon takes target price from 1327p to 1383p and maintains a hold recommendation.British American Tabacco: Citi cuts target price from 4000p to 3800p, while leaving its buy recommendation unaltered.BTG: Numis initiates with a target price of 350p and a reduce rating.Diageo: Citi increases target price from 1830p to 2320p upgrading from neutral to buy.Dixons Retail: Alphavalue shifts target price from 39.90p to 40.60p, while downgrading from reduce to sell.EMIS Group: Numis cuts target price from 900p to 860p, while leaving its buy recommendation unchanged.Gable Holdings: Panmure Gordon downgrades from buy to hold with a target price of 71p.Go-Ahead Group: Panmure Gordon raises target price from 1500p to 1550p maintaining a hold recommendation.Howden Joinery: JP Morgan ups target price from 299p to 306p and retains an overweight rating.H&T Group: N+1 Singer reduces target price from 290p to 164p, while its buy recommendation remains unchanged.International Consolidated Airlines Group: Cantor Fitzgerald raises target price from 290p to 360p keeping a buy recommendation.Iomart: Canaccord Genuity ups target price from 272p to 300p and maintains a buy recommendation.Johnson Matthey: Morgan Stanley increases target price from 2570p to 2890p reiterating an equal-weight rating.Kingfisher: Morgan Stanley downgrades to underweight with a target price of 300p.Low&Bonar: N+1 Singer shifts target price from 69p to 78p and upgrades to buy.Man Group: Espirito Santo raises target price from 49p to 64p, while staying with its sell recommendation.Matchtech Group: Numis takes target price from 510p to 544p maintaining its buy recommendation.McBride: Numis cuts target price from 140p to 132p downgrading to hold.Rio Tinto: Goldman Sachs ups target price from 2500p to 2550p, but still recommends selling.Sage Group: Morgan Stanley downgrades to underweight with a target price of 320p.Vodafone: Citi moves target price from 230p to 235p and stays with its buy recommendation.WPP Group: Panmure Gordon increases target price from 1250p to 1450p keeping its buy recommendation.
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17 Mar 2022 08:16

LONDON BRIEFING: Deliveroo loss widens but pedalling toward breakeven

(Alliance News) - Food delivery firm Deliveroo on Thursday said 2021 was a year of strong growth and strategic progress, which it believes will lead to long-term profitability.

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9 Mar 2022 11:41

IN BRIEF: Go-Ahead hires Royal Mail UK interim CFO as finance chief

Go-Ahead Group PLC - Newcastle, England-based public transport operator - Hires Sarah Mussenden to be chief financial officer, starting May 9. Mussenden currently is interim CFO at Royal Mail UK, part of Royal Mail PLC. Previous roles were at British Gas, part of Centrica PLC, and British Airways, part of International Consolidated Airlines Group SA. She currently is a non-executive director of asset manager Premier Miton Group PLC. At Go-Ahead, Mussenden will replace Interim CFO Gordon Boyd.

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24 Feb 2022 16:35

Go-Ahead expects to pay GBP30 million penalty amid "challenging" year

(Alliance News) - Go-Ahead Group PLC said on Thursday that it had narrowed its pretax loss but noted issues with the UK Department for Transport regarding its London & South Eastern Railway operations.

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24 Feb 2022 10:11

Go-Ahead records 'strong' performance in long-delayed results

(Sharecast News) - Go-Ahead Group reported a "strong" financial performance in its bus and Govia Thameslink Railway (GTR) operations in its much-delayed full-year results on Thursday, offset by challenges in its international rail division and its former Southeastern rail franchise.

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24 Feb 2022 08:15

LONDON BRIEFING: Warren East to depart as CEO of improving Rolls-Royce

(Alliance News) - Rolls-Royce on Thursday said Chief Executive Officer Warren East has decided to step down at the end of 2022, after nine years on the board and almost eight years as CEO.

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23 Feb 2022 09:51

IN BRIEF: Go-Ahead to release delayed annual results on Thursday

Go-Ahead Group PLC - Newcastle-based bus and train operator - Plans on Thursday to release its delayed results for the financial year that ended July 3 last year. At that point, Go-Ahead will ask for the suspension of trading of its shares and corporate bonds to be lifted. The suspension was imposed because the company missed the deadline for filing its accounts. The delay was to allow auditors Deloitte to consider the implications of a review of the London & South Eastern Railway franchise, operated by Go-Ahead. The UK government found that "serious errors" were made by LSER in its dealings with the Department for Transport over several years. Go-Ahead apologised for "failing to notify the DfT of certain overpayments or monies due to the DfT", but the government is considering enforcement action, including a financial penalty.

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31 Jan 2022 15:28

Moody's withdraws British rail firm Go-Ahead's rating

LONDON, Jan 31 (Reuters) - Moody's has withdrawn its credit rating of UK rail and transport firm Go-Ahead after the company delayed the publication of its financial results for a fourth time, the ratings agency said on Monday. "Moody's has decide...

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24 Jan 2022 10:02

IN BRIEF: Go-Ahead expects annual results release end February

IN BRIEF: Go-Ahead expects annual results release end February

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24 Jan 2022 09:00

Go-Ahead results delayed again as auditors ask for more time

(Sharecast News) - Crisis-hit transport group Go-Ahead on Monday delayed publication of its financial results for a third time as investigations continue into its rail franchise scandal.

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19 Jan 2022 15:18

EXECUTIVE CHANGES: Mode Global and Omega Diagnostics lose CEOs

EXECUTIVE CHANGES: Mode Global and Omega Diagnostics lose CEOs

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4 Jan 2022 14:02

Go-Ahead shares suspended due to late-running results

(Sharecast News) - Go-Ahead Group made a request for its shares and bond to be temporarily suspended from trading on Tuesday, pending its results for the year ended 3 July.

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4 Jan 2022 10:34

IN BRIEF: Go-Ahead suspends listing on annual results delay

IN BRIEF: Go-Ahead suspends listing on annual results delay

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21 Dec 2021 21:40

TRADING UPDATES: Charles Stanley sale greenlit; ASA portfolio grows

TRADING UPDATES: Charles Stanley sale greenlit; ASA portfolio grows

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20 Dec 2021 16:21

EXECUTIVE CHANGES: New senior independent directors for Go-Ahead, Wizz

EXECUTIVE CHANGES: New senior independent directors for Go-Ahead, Wizz

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15 Dec 2021 16:03

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

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