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Tuesday broker round-up UPDATE

Tue, 10th Jun 2014 09:45

ASOS: Goldman Sachs reduces target price from 6250p to 5750p, while upgrading to strong buy.Avon Rubber: Investec lowers target price from 690p to 680p and downgrades from buy to add.BAE Systems: Investec downgrades from add to hold with a target price of 430p.BG Group: Exane downgrades to neutral with its target price at 1350p.Booker Group: Goldman Sachs lowers target price from 214p to 200p downgrading from strong buy to buy.Cobham: Investec moves target price from 300p to 310p and maintains a reduce rating.easyJet: Liberum Capital cuts target price from 1700p to 1650p and reiterates a hold recommendation.Fenner: Jefferies reduces target price from 490p to 410p and maintains a buy recommendation.First Group: Deutsche Bank shifts target price from 125p to 130p and keeps a hold recommendation.First Quantum Minerals: JP Morgan increases target price from 1100p to 1470p upgrading to overweight.Fuller, Smith and Turner: Numis ups target price from 1050p to 1100p keeping an add rating.Getech: WH Ireland places both its target price (prev.: 92p) and its buy recommendation under review.GKN: Investec lowers target price from 435p to 420p and stays with its add rating.Go-Ahead Group: Deutsche Bank increases target price from 2100p to 2270p and retains a hold recommendation.Gooch & Housego: N+1 Singer moves target price from 695p to 710p upgrading to buy. FinnCap raises target price from 680p to 750p and upgrades from hold to buy. Investec cuts target price from 790p to 740p retaining a buy recommendation.Just Retirement: Espirito Santo cuts target price from 295p to 237p, while leaving its buy recommendation unchanged.Meggitt: Investec moves target price from 560p to 550p and retains its buy recommendation.Oxford Instruments: Investec places both its target price (prev.: 1500p) and its add recommendation under review.Phoenix IT: Numis cuts target price from 130p to 95p maintaining a hold recommendation. Investec lowers target price from 138p to 120p and reiterates its hold recommendation.QinetiQ: Investec downgrades from buy to add with a target price of 225p.Rolls-Royce Group: Investec raises target price from 1160p to 1225p and keeps a buy recommendation.Safestay: Westhouse Securities initiates with a target price of 78p and a buy recommendation.Sepura: Investec ups target price from 160p to 200p and maintains a buy recommendation.Shire Pharmaceuticals: Deutsche Bank raises target price from 3920p to 4350p and maintains a buy recommendation.Sports Direct: Goldman Sachs downgrades from strong buy to buy with a target price of 1100p.Ted Baker: Oriel Securities downgrades from buy to add with a target price of 2200p.Ultra Electronics: Investec raises target price from 1930p to 2100p upgrading from hold to buy.WANdisco: UBS cuts target price from 1535p to 1500p, while leaving its buy recommendation remains unchanged.
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28 Jun 2022 19:10

Go-Ahead expects to reduce Norway onerous contract provision

(Alliance News) - Go-Ahead Group PLC on Tuesday said it has reached a new agreement with the Norwegian Railway Directorate, putting its rail contract on "satisfactory footing".

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27 Jun 2022 09:55

LONDON BROKER RATINGS: Credit Suisse cuts Ocado; Liberum ups Whitbread

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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27 Jun 2022 08:23

LONDON BRIEFING: UK financial regulator probes Wise CEO over taxes

(Alliance News) - Money transfers provider Wise on Monday said the UK regulator is investigating its chief executive after a tax breach.

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27 Jun 2022 08:19

RBC Capital Markets lowers Go-Ahead to 'sector perform', raises target price

(Sharecast News) - Analysts at RBC Capital Markets lowered their target price on public transport operator Go-Ahead Group from 'outperform' to 'sector perform' on Monday, stating the risk/reward scenario for the stock now looked more balanced.

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23 Jun 2022 09:42

LONDON BROKER RATINGS: Deutsche Bank raises Rentokil and cuts Intertek

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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14 Jun 2022 17:04

LONDON MARKET CLOSE: US Fed likely to mull 75 basis-point rate hike

(Alliance News) - Stocks in London ended lower on Tuesday with investors seemingly cautious as the US Federal Reserve's policy meeting gets underway as concerns arise that interest rates will be raised aggressively this year in a bid to rein in inflation.

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14 Jun 2022 12:02

LONDON MARKET MIDDAY: Rebound stumbles as US Fed hike jitters grow

(Alliance News) - Tuesday's dead cat bounce didn't live past the morning in Europe, with the FTSE 100 back in the red at midday as investors fret over an upcoming US interest rate decision.

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14 Jun 2022 11:03

SMALL-CAP WINNERS & LOSERS: Go-Ahead rises as bidding war emerges

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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14 Jun 2022 10:25

TOP NEWS: Australia's Kelsian still wants to bid for UK peer Go-Ahead

(Alliance News) - Kelsian Group Ltd on Tuesday urged the shareholders of Go-Ahead Group PLC to take no action on a rival takeover offer, saying it is in talks with Go-Ahead for a cash bid of its own.

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14 Jun 2022 07:11

Go-Ahead agrees £648m takeover by Kinetic, Globalvia

(Sharecast News) - Transport operator Go-Ahead has accepted a £647.7m takeover offer from Australian bus firm Kinetic and Spanish infrastructure investor Globalvia Inversiones, but a takeover battle could emerge after Kelsian said it was still interested.

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13 Jun 2022 18:17

UPDATE: Go-Ahead chooses GBP648 million bid from Kinetic consortium

(Alliance News) - Go-Ahead Group PLC late Monday announced its agreement to a takeover offer from Gerrard Investment Bidco Ltd, a subsidiary of a consortium consisting of Kinetic Holding Co Pty Ltd and Globalvia Inversiones SAU.

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13 Jun 2022 17:03

LONDON MARKET CLOSE: China lockdown and inflation fears sink stocks

(Alliance News) - Stocks in London ended sharply lower on Monday on fears of a more aggressive campaign of Federal Reserve interest rate hikes which has given rise to concerns the US economy could be sent into recession next year.

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13 Jun 2022 12:01

LONDON MARKET MIDDAY: UK GDP shrinkage fuels growth fears ahead of BoE

(Alliance News) - A worrying reading on the UK economy on Monday compounded market concerns over inflation and aggressive interest rate tightening, as a central bank-heavy week gets underway.

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13 Jun 2022 11:14

SMALL-CAP WINNERS & LOSERS: Go-Ahead bid interest; ProCook falls more

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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13 Jun 2022 11:01

TOP NEWS SUMMARY: Yen hits 24-year low ahead of central bank decisions

(Alliance News) - The following is a summary of top news stories Monday.

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