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Monday broker round-up UPDATE

Mon, 21st Jan 2013 07:02

Abbey Protection: Numis increases target price from 90p to 120p and upgrades to add.Admiral: Goldman Sachs upgrades to buy from neutral, raising its price target to 1500p from 1160p before. Aggreko: Bank of America lowers target price from 2700p to 1950p and downgrades to neutral.Anglo American: JP Morgan cuts target price from 1670p to 1630p, while its underweight rating is kept.APR Energy: Bank of America takes target price from 1100p to 800p downgrading to neutral.Astra Zaneca: Societe Generale reduces target price from 2736p to 2675p reiterating its sell recommendation.British Land: Espirito Santo raises target price from 578p to 590p and downgrades to neutral.Centrica: Seymour Pierce initiates with a buy recommendation and a target price of 403p.Craneware: Investec moves target price from 475p to 410p and stays with its hold rating. Numis upgrades to hold with its target price still at 405p. N+1 Singer ups target price from 365p to 425p retaining its buy recommendation.Croda International: Jefferies initiates with a target price of 2300p and a hold recommendation.Diageo: UBS lowers target price from 2050p to 2000p and downgrades to neutral.DP World: Nomura increases target price from 860p to 890p, while its buy recommendation remains unchanged.Drax Group: Seymour Pierce starts with its target price at 524p and a reduce rating.easyJet: Citigroup raises target price from 780p to 930p, but downgrades from buy to neutral. Nomura ups target price from 850p to 913p, while the buy rating is maintained. Investec increases target price from 740p to 900p, but downgrades from buy to hold.Euromoney: Westhouse Securities downgrades from add to neutral with its target price at 898p.Go-Ahead Group: Nomura cuts target price from 1513p to 1493p staying with its buy recommendation.Henderson Group: Citigroup ups target price from 116p to 170p and upgrades from neutral to buy. Shore Capital upgrades to buy.International Consolidated Airlines Group: Citigroup downgrades from buy to neutral with its target price at 210p. Credit Suisse raises target price from 184p to 259p and upgrades from neutral to outperform. Nomura ups target price from 265p to 283p, while its buy rating is unaltered.Kazhakmys: Citi downgrades to neutral from buy. National Express: Nomura increases target price from 189p to 206p and retains a neutral rating.National Grid: Seymour Pierce initiates with a target price of 620p and a sell recommendation.Pennon Group: Seymour Pierce starts coverage with a buy rating and its target price at 720p.Record: JP Morgan shifts its target price from 43p to 44p and maintains an overweight rating.Royal Dutch Shell: Credit Suisse upgrades to outperform with its target price still at 2525p.SIG: Deutsche Bank takes target price from 110p to 108p keeping a hold rating.Ultra Electronics Holdings: Espirito Santo downgrades to neutral with its target price still at 1700p.Unilever: Investec raises target price from 2400p to 2800p and upgrades from hold to buy.United Utilities: Seymour Pierce initiates with a target price of 792p and a buy recommendation.Vodafone: Exane BNP reduces target price from 180p to 170p keeping an underperform rating.WH Smith: Numis upgrades to add with a target price of 710p.
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Canaccord Genuity slashes target price on Go-Ahead Group

(Sharecast News) - Analysts at Canaccord Genuity slashed their target price on transport operator Go-Ahead Group from 1,500.0p to 950.0p on Thursday after the Covid-19 pandemic took its toll on the firm.

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24 Sep 2020 09:52

Go-Ahead Skips Dividend Payout Amid Swing To Annual Loss

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24 Sep 2020 09:02

Go-Ahead profit slightly better than guidance

(Sharecast News) - Go-Ahead predicted profit at its London and international bus division would be little changed as the transport operator reported group profit slightly better than its expectations.

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24 Sep 2020 07:47

UPDATE 1-Go-Ahead warns of uncertainty on second-wave fears

(Recasts, adds detail)LONDON, Sept 24 (Reuters) - UK transport operator Go-Ahead said that it was now running more than 90% of its bus and rail services across the country but the pandemic was causing uncertainty over its outlook.For the 12-months...

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24 Sep 2020 07:18

Go-Ahead posts profit slightly ahead of guidance

LONDON, Sept 24 (Reuters) - UK transport operator Go-Ahead posted profits for the 12-months to 27 June slightly ahead of its guidance, and said that after the pandemic it was starting to run 90% of its services again.Go-Ahead posted annual operati...

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UPDATE: UK Rail Franchising "Ended" With Revised Emergency Measures

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21 Sep 2020 07:41

UPDATE 1-Britain extends emergency funding for railways ahead of contract shake-up

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21 Sep 2020 07:41

UPDATE 2-Britain extends COVID funding for railways ahead of contract shake-up

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21 Sep 2020 07:41

Go-Ahead and FirstGroup get extensions to Covid rail bail-outs

(Sharecast News) - The Department for Transport confirmed extensions to the emergency measures on a number of rail franchises on Monday, protecting operators from continued depressed passenger demand as a result of the Covid-19 pandemic.

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21 Sep 2020 07:16

UK train companies sign new contracts with government

LONDON, Sept 21 (Reuters) - UK train companies Go-Ahead and FirstGroup said they had signed new contracts with the government to keep running rail services for the next 6-18 months, after earlier emergency pandemic measures came to an end.Under t...

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