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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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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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