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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.
More News
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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