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Thursday broker round-up UPDATE

Thu, 24th Oct 2013 09:25

Aquarius Platinum: Investec lowers target price from 48p to 42p and downgrades from hold to sell.ASOS: Citi increases target price from 5800p to 7000p reiterating its buy recommendation.BHP Billiton: Jefferies raises target price from 2350p to 2400p and keeps a buy recommendation.Clinigen: Investec increases target price from 313p to 469p reiterating its hold recommendation.Europa Oil & Gas Holdings: Northland Capital places its target price (prev.: 17.60p) under review, while retaining a buy recommendation.GlaxoSmithKline: Deutsche Bank reduces target price from 1850p to 1800p, while leaving its buy recommendation unchanged.Go-Ahead Group: Investec raises target price from 1645p to 1800p keeping a buy recommendation.Home Retail Group: Deutsche Bank ups target price from 160p to 185p and maintains a hold recommendation. Citi increases target price from 115p to 195p and upgrades to neutral.Kazakhmys: Jefferies cuts target price from 300p to 280p retaining a hold recommendation. Investec raises target price from 190p to 262p upgrading from sell to hold.Mitchells & Butlers: Alphavaue shifts target price from 371.10p to 371.60p upgrading from sell to reduce.Premier Oil: Liberum Capital upgrades to hold with a target price of 300p. FinnCap lowers target price from 410p to 405p, while its buy recommendation remains unchanged.Reckitt Benckiser: Investec raises target price from 4425p to 4700p keeping a hold recommendation.Rio Tinto: Jefferies increases target price from 3600p to 4000p maintaining its buy recommendation.RSA Insurance: Alphavalue lowers target price from 149.10p to 148.20p downgrading from buy to add.Sports Direct International: Citi increases target price from 780p to 825p and retains a buy recommendation.Sweett Group: WH Ireland moves target price from 60p to 75p keeping a buy recommendation. Westhouse Securities ups target price from 58p to 70p and stays with its buy recommendation.Tracsis: WH Ireland downgrades from buy to outperform with a target price of 220.Vedanta Resources: Jefferies reduces target price from 1350p to 1250p and stays with its hold recommendation.WPP Group: Bank of America ups target price from 1400p to 1480p and reiterates a buy recommendation. Investec places its target price (prev.: 1325p) under review, while leaving its buy recommendation unchanged.
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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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