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Tuesday broker round-up UPDATE

Tue, 01st Apr 2014 09:39

African Barrick Gold: Deutsche Bank raises target price from 240p to 310p and keeps a hold recommendation.African Minerals: Deutsche Bank lowers target price from 399p to 382p, while its buy recommendation is kept.Allergy Therapeutics: Panmure Gordon ups target price from 16p to 25p and retains a buy recommendation.Anglo American: Deutsche Bank increases target price from 1460p to 1530p and reiterates a hold recommendation.Antofagasta: Deutsche Bank cuts target price from 735p to 725p and stays with its sell recommendation.Ashley House: WH Ireland places its target price (prev.: 32p) under review and downgrades from buy to neutral.Associated British Foods: Nomura increases target price from 2110p to 2400p retaining a reduce rating.AstraZeneca: Panmure Gordon raises target price from 3500p to 3900p upgrading from sell to hold.Babcock International: Panmure Gordon increases target price from 1350p to 1525p upgarding from hold to buy.Balfour Beatty: JP Morgan raises target price from 180p to 230p, while leaving its underweight rating unchanged.Barr (A.G.): Numis moves target price from 595p to 612p and stays with its hold recommendation.BHP Billiton: Deutsche Bank ups target price from 2450p to 2500p retaining a buy recommendation.British Land: Societe Generale downgrades from buy to hold with a target price of 690p.Burford Capital: RBC Capital takes target price from 155p to 190p retaining an outperform rating.EnQuest: RBC Capital cuts target price from 190p to 175p downgrading to neutral.Ferrexpo: Deutsche Bank lowers target price from 352p to 348p, while keeping its buy recommendation.Fresnillo: Deutsche Bank ups target price from 840p to 860p and maintains a hold recommendation.Genus: Panmure Gordon reduces target price from 1055p to 910p and stays with its sell recommendation.Getech: WH Ireland upgrades from neutral to buy with a target price of 92p.Glencore Xstrata: Deutsche Bank cuts target price from 400p to 382p, while staying with its buy recommendation.Go-Ahead Group: Nomura lowers target price from 1918p to 1910p and retains a neutral rating.Hilton Food Group: Numis takes target price from 550p to 610p upgrading from add to buy.Intu Properties: Deutsche Bank reduces target price from 290p to 250p and keeps a hold recommendation.IQE: N+1 Singer lowers target price from 35p to 28p and keeps a buy recommendation.Kazakhmys: Deutsche Bank moves target price from 188p to 193p, but still recommends selling.KEFI Minerals: FinnCap initiates with a target price of 3.5p and a buy recommendation.Lloyds Banking Group: Numis ups target price to 97p and upgrades from add to buy.Lonmin: Deutsche Bank cuts target price from 380p to 350p leaving its buy recommendation unaltered.Nichols: Panmure Gordon reduces target price from 1230p to 1135p, while its buy recommendation is unaltered.Partnership Assurance: Canaccord Genuity moves target price from 130p to 145p maintaining a hold recommendation.Pennon Group: Credit Suisse ups target price from 630p to 645p leaving its underperform rating unchanged.Premier Oil: HSBC Holdings reduces target price from 524p to 440p leaving its overweight rating unaltered.Randgold Resources: Deutsche Bank raises target price from 4500p to 4990p retaining a buy recommendation.Rathbone Brothers: Canaccord Genuity increases target price from 1800p to 1950p upgrading from hold to buy.Rio Tinto: Deutsche Bank lowers target price from 4642p to 4640p and stays with its buy recommendation.RSA Insurance: Goldman Sachs moves target price from 84.33p to 92p and retains a neutral rating.Savills: UBS raises target price from 675p to 730p and maintains a buy recommendation.Space and People: Cantor Fitzgerald ups target price from 147p to 170p maintaining a buy recommendation.Sports Direct International: Liberum Capital raises target price from 850p to 950p and reiterates a buy recommendation.SSE: Deutsche Bank increases target price from 1280p to 1360p maintaining a hold recommendation.SThree: RBC Capital ups target price from 400p to 440p and keeps an outperform rating.Tesco: Espirito Santo cuts target price from 310p to 265p and reiterates its sell recommendation.Vedanta Resources: Deutsche Bank takes target price from 910p to 970p and reiterates a hold recommendation.Vernalis: Canaccord Genuity initiates with a target price of 51p and a buy recommendation.Wolseley: RBC Capital reduces target price from 3450p to 3200p maintaining a neutral rating.YouGov: Numis ups target price from 109p to 142p and reinstates its buy recommendation.
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4 Aug 2022 09:33

Kinetic lifts takeover offer for Go-Ahead by £22m

(Sharecast News) - Australian bus group Kinetic and Spanish infrastructure specialist Globalvia have lifted their takeover offer for London-listed transport operator Go-Ahead by £22m.

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4 Aug 2022 09:01

LONDON MARKET OPEN: FTSE 100 underperforms amid pre-BoE trepidation

(Alliance News) - The FTSE 100 underperformed European peers and traded sideways in early dealings on Thursday, with the Bank of England to take centre-stage during a week that so far has been dominated by tensions between the US and China.

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4 Aug 2022 07:54

LONDON MARKET PRE-OPEN: Next and Serco up outlook but Hikma lowers

(Alliance News) - Stock prices in London are seen opening ever-so-slightly higher, falling short of the more convincing gains seen in Asia, with investors wary ahead of the latest Bank of England interest rate decision.

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1 Aug 2022 16:01

UK shareholder meetings calendar - next 7 days

Tuesday 2 August 
Caffyns PLCAGM
Syncona LtdAGM
Tanfield Group PLCAGM
Wednesday 3 August 
Block Energy PLCAGM
Molten Ventures PLCAGM
Cambium Global Timberland LtdGM re wind-up
John Wood Group PLCGM re Built Environment sale
Sequoia Economic Infrastructure Income Fund LtdAGM
Edenville Energy PLCAGM
RiverFort Global Opportunities PLCAGM
Conduity Capital PLCAGM
Scirocco Energy PLCAGM
D4t4 Solutions PLCAGM
Thursday 4 August 
Glantus Holdings PLCAGM
Investec PLC and LtdAGM
STM Group PLCAGM
Starcrest Education LtdAGM
Friday 5 August 
JPMorgan Global Core Real Assets LtdAGM
San Leon Energy PLCEGM
San Leon Energy PLCGM
Trian Investors 1 LtdEGM re removal of three current directors
Trian Investors 1 LtdAGM
Verditek PLCAGM
Monday 8 August 
Altus Strategies PLCGM re merger with Elemental Royalties Corp
Bushveld Minerals LtdAGM
Essentra PLCGM re unit sale
Go-Ahead Group PLCGM regarding takeover by Kinetic and Globalvia
Oscillate PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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Go-Ahead affirms support for takeover offer as Kelsian withdraws

(Alliance News) - Kelsian Group Ltd on Thursday confirmed it will not make an offer to buy UK transport provider Go-Ahead Group PLC, as Go-Ahead reiterated its support for a rival takeover bid by a consortium of Kinetic Tcp Pty Ltd and Globalvia Inversiones Sau.

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SMALL-CAP WINNERS & LOSERS: Go-Ahead suitor pulls out; Costain rises

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21 Jul 2022 08:37

Kelsian abandons pursuit of Go-Ahead

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LONDON MARKET PRE-OPEN: Ocado interim loss widens; S4 warns on profit

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LONDON BROKER RATINGS: Fevertree chopped; Berenberg likes Deliveroo

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11 Jul 2022 13:46

Kelsian refuses to rule out bidding war for Go-Ahead

(Sharecast News) - Australia's Kelsian Group urged shareholders in Go-Ahead Group not to take any action on Monday, as it continued to mull its own potential offer for the British business.

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SMALL-CAP WINNERS & LOSERS: MJ Gleeson expects to outperform views

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11 Jul 2022 08:42

Go-Ahead buses as busy as pre-Covid times in promising virus recovery

(Alliance News) - Go-Ahead Group PLC on Monday said it expects a "busy summer ahead" as the transport operator's customer numbers surge as Covid-19's grip on the market weakens.

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11 Jul 2022 07:56

Go-Ahead expects to report 'good' FY performance as demand recovers

(Sharecast News) - Transport operator Go-Ahead said on Monday that it expects to report a "good" performance for the year to 2 July as passenger demand recovers.

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