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Thursday broker round-up UPDATE

Thu, 24th Apr 2014 09:19

AMEC: UBS ups target price from 1145p to 1200p maintaining a neutral rating.ARM Holdings: HSBC raises target price from 1080p to 1120p and keeps an overweight rating.Associated British Foods: HSBC increases target price from 280p to 310p and upgrades from neutral to overweight. Deutsche Bank raises target price from 1900p to 3000p, while leaving its hold recommendation unaltered.Aureus Mining: Numis lowers target price from 50p to 45p and keeps a buy recommendation.Balfour Beatty: Westhouse Securities initiates with a target price of 302p and a neutral rating.Barclays: Jefferies cuts target price from 360p to 345p and stays with its buy recommendation.Belvoir Lettings: Cantor Fitzgerald reduces target price from 200p to 127p and downgrades to hold.Chemring: Investec cuts target price from 300p to 260p and maintains a buy recommendation.CRH: Numis raises target price to 1550p and stays with its reduce rating.Drax Group: HSBC cuts target price from 875p to 830p and maintains an overweight rating. Goldman Sachs reduces target price from 1226p to 1067p, while leaving its strong buy recommendation unchanged. Investec reduces target price from 1000p to 850p and retains a buy recommendation.Go-Ahead Group: JP Morgan raises target price from 2100p to 2200p and keeps an overweight rating.Hammerson: HSBC ups target price from 600p to 630p, while downgrading from overweight to neutral.Henry Boot: Numis raises target price to 254p, while downgrading from buy to add.Hochschild Mining: HSBC downgrades from overweight to neutral with a target price of 170p.Mecom: Numis ups target price from 155p to 170p and maintains a buy recommendation.Moneysupermarket: UBS shifts target price from 185p to 190p and reiterates a neutral rating.Prudential: Goldman Sachs cuts target price from 1600p to 1580p and retains its strong buy recommendation.Record: JP Morgan lowers target price from 40p to 38p and stays with its overweight rating.Resolution: Goldman Sachs cuts target price from 340p to 330p, while upgrading to buy.Spirent Communications: Deutsche Bank lowers target price from 106p to 105p retaining a hold recommendation.Sports Direct International: Citi raises target price from 900p to 1000p retaining a buy recommendation.Standard Life: Goldman Sachs ups target price from 335p to 375p and upgrades to neutral.St. James's Place: Goldman Sachs increases target price from 840p to 920p and upgrades to strong buy.Tower Resources: Northland Capital downgrades from buy to hold.
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UK BROKER RATINGS SUMMARY: Morgan Stanley Raises IMI To Overweight

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1 Oct 2020 15:19

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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21 Sep 2020 12:05

LONDON MARKET MIDDAY: Lockdown Fears Slam Travel And Pub Stocks

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21 Sep 2020 09:56

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

(Recasts, adds detail, background)LONDON, Sept 21 (Reuters) - Britain extended emergency pandemic funding to keep its rail network moving, providing private train companies with less lucrative temporary contracts ahead of a shake-up of the way the...

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21 Sep 2020 07:41

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

(Adds background, detail, comments)By Sarah YoungLONDON, Sept 21 (Reuters) - Britain extended state support to keep its rail network moving during the pandemic, providing private train companies with less lucrative temporary contracts ahead of a s...

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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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