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Wednesday broker round-up UPDATE

Wed, 05th Jun 2013 09:34

Aberdeen Asset Mangement: UBS cuts target price from 520p to 505p, while maintaining its buy recommendation.Alternative Networks: Investec revises target price from 350p to 390p keeping a buy recommendation.API Group: Numis upgrades to add with a target price of 75p.Ashmore Group: UBS lowers target price from 409p to 400p and reiterates a neutral rating.ASOS: Bank of America moves target price from 3500p to 4500p and leaves its buy recommendation unchanged. Societe Generale raises target price form 3748p to 4364p, but downgrades to hold.Balfour Beatty: Investec cuts target price from 190p to 170p and reiterates its sell recommendation.Bellway: Citi takes target price from 1260p to 1445p maintaining its buy recommendation.Berkeley Group: Citi ups target price from 1985p to 2125p, while its neutral rating is maintained.Bovis Homes Group: Citi revises target price from 710p to 820p, while leaving its neutral rating unaltered.: Investec raises target price from 447p to 540p, but downgrades from buy to add.Burberry: Goldman Sachs increases target price from 2032p to 2106p and keeps a strong buy recommendation.Daily Mail & General Trust: Citi moves target price from 725p to 880p reiterating a buy recommendation.Compass Group: Jefferies raises target price from 710p to 890p and retains a hold recommendation.De La Rue: Goldman Sachs reduces target price from 1175p to 1090p and reiterates a neutral rating.Dixons Retail: Goldman Sachs shifts target price from 30p to 32p and leaves its sell recommendation unchanged.Electrocomponents: Jefferies ups target price from 200p to 250p and maintains its hold recommendation.First Group: Morgan Stanley reduces target price from 176p to 155p, while its equal-weight rating remains unchanged.Go-Ahead Group: Jefferies takes target price from 1510p to 1725p retaining a buy recommendation.Halfords Group: N+1 Singer cuts target price from 440p to 380p, while maintaining its buy recommendation.Lloyds Banking Group: Numis shifts target price from 63p to 70p, while downgrading to add.: UBS cuts target price from 130p to 110p and downgrades from buy to neutral.MITIE: Goldman Sachs reduces target price from 340p to 315p staying with its neutral rating.Moneysupermarket: Westhouse Securities downgrades from add to neutral with a target price of 210p. Investec places its target price (prev.: 210p) under review, while maintaining its buy recommendation.Persimmon: Citi increases target price from 1220p to 1300p and reiterates a buy recommendation.Redrow: Citi moves target price from 220p to 255p upgrading to buy.RPC Group: Panmure Gordon ups target price from 466p to 496p and upgrades from hold to buy.Severn Trent: UBS raises target price from 1800p to 2150p keeping a neutral rating.Smith (DS): Goldman Sachs downgrades to neutral with a target price of 278p.Spirit Pub: Deutsche Bank moves target price from 53p to 65p and retains a hold recommendation.Synergy Health: Investec takes target price from 1105p to 1170p maintaining its buy recommendation.Tate & Lyle: Investec increases target price from 860p to 900p and upgrades from hold to buy.Taylor Wimpey: Citi ups target price from 87p to 92p, but still recommends selling.Tricorn Group: Westhouse Securities shifts target price from 40p to 44p and reiterates its buy recommendation.TT Electronics: Goldman Sachs takes target price from 180p to 190p and stays with its neutral rating.Wolseley: Jefferies cuts target price from 2520p to 2480p keeping an underperform rating. HSBC Holdings raises target price from 3000p to 3210p, while staying with its neutral rating. UBS reduces target price from 3600p to 3500p and retains a neutral rating. Morgan Stanley upgrades to equal-weight with a target price of 3050p. Numis increases target price from 2850p to 3250p keeping its hold recommendation.3i Group: Societe Generale upgrades to buy with a target price of 370p.
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28 Jun 2022 19:10

Go-Ahead expects to reduce Norway onerous contract provision

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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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