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Friday broker round-up UPDATE

Fri, 19th Apr 2013 08:47

African Barrick Gold: JP Morgan cuts target price from 290p to 200p, while leaving its underweight rating rating unchanged. Fox Davies reduces target price from 353p to 315p and maintains a hold rating. Westhouse Securities lowers target price from 195p to 180p retaining a neutral rating.Belvoir Lettings: Cantor Fitzgerald raises target price from 140p to 175p and upgrades to buy.Black Mountain Resources: Westhouse Securities initiates with a target price of 23p and a buy recommendation.Dairy Crest Group: JP Morgan increases target price from 455p to 493p reiterating an overweight rating.Dart Group: canaccord Genuity raises target price from 152p to 204p and maintains a buy recommendation.Fresnillo: Deutsche Bank lowers target price from 1040p to 999p and reiterates a sell recommendation.Genel Energy: Deutsche Bank ups target price from 1090p to 1230p and keeps a buy recommendation.GlaxoSmithKline: Deutsche Bank raises target price from 1530p to 1620p and retains a hold recommendation.Globo: HB Markets initiates with a speculative buy.Go-Ahead Group: Espirito Santo takes target price from 1700p to 1750p reiterating a buy recommendation.Inmarsat: Credit Suisse moves target price from 700p to 800p and retains an outperform rating.Ithaca Energy: Westhouse Securities ups target price from 165p to 200p and reiterates a buy recommendation.Jupiter Fund Management: JP Morgan shifts target price from 390p to 399p and maintains an overweight rating.Michael Page: Deutsche Bank lowers target price from 350p to 330p and stays with its hold recommendation.Moneysupermarket: Investec raises target price from 190p to 215p and upgrades from hold to buy.Pace: Canaccord Genuity takes target price from 263p to 286p keeping a buy recommendation.Persimmon: Citigroup ups target price from 975p to 1220p and keeps a buy recommendation.Royal Bank of Scotland: UBS reduces target price from 410p to 370p staying with its buy recommendation. Deutsche Bank shifts target price from 300p to 295p and retains a hold recommendation.RPS Group: Panmure Gordon shifts target price from 242p to 250p retaining a hold recommendation.SABMiller: Nomura reduces target price from 3400p to 3300p keeping a neutral rating.Spectris: Investec places both its target price (prev.: 2575p) and its hold recommendation under review.
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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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