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BROKER RATINGS SUMMARY: Burberry And Micro Focus Suffer Rating Cuts

Wed, 17th Jul 2019 09:31

(Alliance News) - The following London-listed shares received analyst recommendations late Tuesday and on Wednesday morning:----------FTSE 100----------JEFFERIES CUTS BURBERRY GROUP TO 'UNDERPERFORM' ('HOLD') - TARGET 2000 (1800) P----------RBC RAISES BURBERRY GROUP PRICE TARGET TO 1975 (1800) PENCE - 'UNDERPERFORM'----------DEUTSCHE BANK RAISES BURBERRY GROUP PRICE TARGET TO 1970 (1800) PENCE - 'HOLD'----------CREDIT SUISSE RAISES BURBERRY PRICE TARGET TO 2350 (1950) PENCE - 'NEUTRAL'----------MORGAN STANLEY REINITIATES CRH WITH 'OVERWEIGHT' - PRICE TARGET 36 EUR----------JEFFERIES RAISES CRH PRICE TARGET TO EUR33.40 (EUR32) - 'BUY'----------GOLDMAN CUTS MICRO FOCUS TO 'SELL' ('NEUTRAL') - TARGET 1400 (2200) PENCE----------JPMORGAN RAISES AUTO TRADER GROUP PRICE TARGET TO 414 (386) PENCE - UNDERWEIGHT----------JPMORGAN CUTS RIO TINTO PRICE TARGET TO 5580 (5670) PENCE - 'OVERWEIGHT'----------HSBC CUTS RIO TINTO PRICE TARGET TO 5050 (5200) PENCE - 'HOLD'----------JEFFERIES CUTS PERSIMMON PRICE TARGET TO 2196 (2409) PENCE - 'HOLD'----------JPMORGAN RAISES RSA INSURANCE PRICE TARGET TO 630 (610) PENCE - 'NEUTRAL'----------JPMORGAN RAISES EXPERIAN PRICE TARGET TO 2600 (2400) PENCE - 'OVERWEIGHT'----------JPMORGAN RAISES PEARSON PRICE TARGET TO 1105 (1090) PENCE - 'OVERWEIGHT'----------JPMORGAN RAISES RIGHTMOVE PRICE TARGET TO 420 (402) PENCE - 'UNDERWEIGHT'----------FTSE 250----------CREDIT SUISSE RAISES MAN GROUP PRICE TARGET TO 188 (180) PENCE - 'OUTPERFORM'----------BERENBERG INITIATES HOCHSCHILD MINING WITH 'SELL' - TARGET 165 PENCE----------BERENBERG INITIATES POLYMETAL WITH 'HOLD' - TARGET 970 PENCE----------GOLDMAN CUTS HASTINGS GROUP PRICE TARGET TO 200 (204) PENCE - 'NEUTRAL'----------HSBC CUTS ELEMENTIS PRICE TARGET TO 145 (165) PENCE - 'HOLD'----------UBS CUTS JUPITER FUND MANAGEMENT PRICE TARGET TO 330 (345) PENCE - 'SELL'----------LIBERUM CUTS HAYS PRICE TARGET TO 185 (195) PENCE - 'BUY'----------OTHER MAIN MARKET AND AIM----------RBC RAISES JOHNSON SERVICE GROUP PRICE TARGET TO 190 (180) PENCE - 'OUTPERFORM'----------JPMORGAN RAISES ENQUEST ENERGY PRICE TARGET TO 36 (35) PENCE - 'NEUTRAL'----------

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5 Aug 2020 11:01

Hastings Group Agrees To Takeover Bid; Reports Rise In Revenue

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UK WINNERS & LOSERS SUMMARY: Hastings Rises 18% After Agreeing Takeover

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5 Aug 2020 07:53

Hastings agrees to £1.6bn takeover by consortium as profits rise

(Sharecast News) - Hastings on Wednesday said it had agreed terms on a £1.6bn takeover by a consortium led by Finnish insurer Sampo and its biggest shareholder, Rand Merchant Investment Holdings.

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4 Aug 2020 09:48

UK BROKER RATINGS SUMMARY: Berenberg Starts Fresnillo At Sell

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UK WINNERS & LOSERS SUMMARY: Lloyds Down 8% After Posting Interim Loss

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Hastings 'an attractive proposition' for Sampo, says Berenberg

(Sharecast News) - Insurer Hastings was on the rise for the second day running after confirming late on Wednesday that it had been approached by a consortium led by Finnish insurer Sampo and its biggest shareholder, Rand Merchant Investment Holdings, about a possible cash offer.

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