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Tuesday broker round-up UPDATE

Tue, 17th Sep 2013 08:56

Aggreko: Credit Suisse reduces target price from 2000p to 1400p and downgrades from neutral to underperform.Antofagasta: WH Ireland downgrades to neutral.Associated British Food: Nomura moves target price from 1650p to 1670p staying with its reduce rating.Aviva: Berenberg downgrades from hold to sell with a target price of 375p.Bellzone Mining: Investec raises target price from 5.09p to 10p upgrading from hold to buy.BTG: Investec places its target price (prev.: 472p) under review keeping a buy recommendation.BHP Billiton: JP Morgan takes target price from 2280p to 2345p and reiterates a neutral rating.Bunzl: Deutsche Bank raises target price from 1160p to 1426p, while leaving its hold recommendation unchanged.Burberry Group: Nomura increases target price from 1540p to 1630p and reiterates a neutral rating.Domino Printing Sciences: Investec takes target price from 600p to 670p maintaining a hold recommendation.First Group: JP Morgan lowers target price from 143p to 137p leaving its overweight rating unaltered.Galliford Try: Panmure Gordon ups target price from 925p to 938p, but still recommends selling. Numis raises target price fro 930p to 1020p and stays with its hold recommendation.GlaxoSmithKline: Deutsche Bank reduces target price from 1960p to 1850p, while its buy recommendation remains unaltered.Glencore Xstrata: Credit Suisse ups target price from 380p to 400p and leaves its outperform rating unaltered. UBS shifts target price from 330p to 335p, while downgrading from buy to neutral.Go-Ahead Group: JP Morgan increases target price from 1430p to 1800p upgrading from neutral to overweight.G4S: UBS moves target price from 230p to 250p and keeps a neutral rating.Henderson Group: Canaccord Genuity raises target price from 161p to 200p upgrading from hold to buy.IG Group: Canaccord Genuity ups target to 666p and upgrades to buy.ITV: Liberum Capital ups target price from 200p to 230p and retains a buy recommendation.Lancashire: Westhouse Securities cuts target price from 875p to 840p and retains an add rating.Legal & General Group: Berenberg ups target price from 210p to 225p and keeps a buy recommendation.Micro Focus International: N+1 Singer raises target price to 860p and upgrades from hold to buy.National Express: JP Morgan takes target price from 219p to 280p and leaves its neutral rating unaltered.Optimal Pay: Numis moves target price from 300p to 325p and keeps a buy recommendation.Optos: Panmure Gordon reduces target price from 300p to 200 downgrading from buy to hold.Pearson: Deutsche Bank cuts target price to 1000p reiterating its sell recommendation.Phoenix Group Holdings: Berenberg downgrades from buy to hold with a target price of 750p.Prudential: Berenberg reduces target price from 1420p to 1400p leaving its buy recommendation unchanged.Resolution: Berenberg moves target price from 285p to 295p, while downgrading from hold to sell.Royal Bank of Scotland: UBS downgrades from buy to neutral with its target price at 365p.RWS Holdings: Numis increases target price from 750p to 860p and maintains an add rating.Serco Group: Numis reduces target price 644p to 508p downgrading to reduce.Stagecoach: JP Morgan ups target price from 324p to 365p upgrading from neutral to overweight.Standard Life: Berenberg upgrades from sell to hold with a target price of 333p.St James Place: Berenberg raises target price from 600p to 715p upgrading from hold to buy.Vedanta Resources: JP Morgan lowers target price from 1550p to 1540p maintaining its overweight rating.
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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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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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