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Monday broker round-up UPDATE

Mon, 04th Nov 2013 08:07

Aggreko: Cantor Fitzgerald reduces target price from 2200p to 1700p downgrading to hold.Anglo American: Alphavalue upgrades from add to buy with a target price of 1801.3p.APR Energy: Cantor Fitzgerald raises target price from 670p to 1000p, but still recommends selling.Astra Zeneca: UBS reduces target price from 3600p to 3400p and downgrades from buy to neutral.British Sky Broadcasting: Westhouse Securities downgrades to neutral with a target price of 985p.BT Group: Alphavalue downgrades from reduce to sell with a target price of 323.8p. HSBC ups target price from 220p to 440p upgrading to overweight.Centrica: Investec lowers target price from 375p to 325p downgrading from add to reduce.e2v technologies: Investec shifts target price from 205p to 210p and keeps a buy recommendation.First Group: Deutsche Bank cuts target price from 154p to 128p retaining a hold recommendation.Glencore Xstrata: Goldman Sachs shifts target price from 360p to 355p and maintains a neutral rating.Go-Ahead Group: Deutsche Bank increases target price from 1500p to 1640p and maintains a buy recommendation.Gooch & Housego: FinnCap initiates with a target price of 680p and a buy recommendation.Imagination Technologies: UBS cuts target price from 260p to 240p and retains a sell recommendation.International Consolidated Airline Group: Deutsche Bank ups target price from 360p to 400p retaining a buy recommendation.Meggitt: UBS moves target price from 540p to 530p and stays with its neutral rating.Mothercare: UBS cuts target price from 460p to 420p, while upgrading from sell to neutral.National Express: Deutsche Bank raises target price from 210p to 240p and reiterates its hold recommendation.National Grid: Alphavalue downgrades from add to reduce with a target price of 786.5p.Partnership Assurance Group: Canaccord Genuity initiates with a target price of 450p and a hold recommendation.Polar Capital Holdings: Canaccord Genuity downgrades from buy to hold with a target price of 550p.Redrow: UBS moves target price from 290p to 300p and reiterates a buy recommendation.Royal Bank of Scotland: UBS lowers target price from 365p to 350p and maintains a neutral rating. Barclays reduces target price from 400p to 380p maintaining an overweight rating.Royal Dutch Shell: Liberum Capital cuts target price from 2200p to 2140p, while its hold recommendation remains unchanged.Smith & Nephew: Jefferies moves target price from 890p to 900p and keeps a buy recommendation.SSE: Investec reduces target price from 1475p to 1325p downgrading from add to reduce.Stagecoach Group: Deutsche Bank takes target price from 350p to 365p and leaves its buy recommendation unchanged.Steppe Cement: Westhouse Securities moves target price from 46p to 54p and retains a buy recommendation.Weir Group: Investec places both its target price (prev.: 2610p) and its buy recommendation under review. Numis downgrades to add with a target price of 2500p.
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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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