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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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11 Jan 2019 07:27

Hoskins out, John Worth in as Hastings finance chief

(Sharecast News) - Hastings Group announced on Friday that Richard Hoskins, who had been with the business since April 2015, was retiring from his position as group chief financial officer.

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13 Dec 2018 13:31

Thursday broker round-up

(Sharecast News) - Persimmon: Shore Capital Markets upgrades to buy with a target price of 2,295p.

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23 Nov 2018 17:11

LONDON MARKET CLOSE: FTSE 100 Dragged Lower By Miners And Oil Majors

LONDON (Alliance News) - The FTSE 100 ended the week lower on Friday, weighed down by miners and oil majors on falling commodities, as the pound held steady despite continued political tensions or

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23 Nov 2018 13:13

Friday broker round-up

(Sharecast News) - Kingfisher: Goldman Sachs downgrades to neutral with a target price of 270p.

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23 Nov 2018 12:23

LONDON MARKET MIDDAY: Pound Remains Firm As Brexit Tensions Linger

LONDON (Alliance News) - Share prices in London gave back all their morning-session gains to be marginally lower by midday Friday, as the pound held steady despite continued political tensions The

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23 Nov 2018 10:36

WINNERS & LOSERS SUMMARY: Flybe Up 37% On Virgin Atlantic Bid Report

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - up 1.1%. The budget airline rose after Sky is

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23 Nov 2018 08:47

LONDON MARKET OPEN: Stocks Higher As Investors Cheer Ibstock Unit Sale

LONDON (Alliance News) - Stock prices opened broadly higher on Friday rebounding slightly from sharp losses on Thursday, while Ibstock led London midcaps after selling its US The

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30 Oct 2018 13:15

Tuesday broker round-up

(Sharecast News) - Inmarsat: Numis upgrades to hold with a target price of 430p.

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26 Oct 2018 12:16

Friday broker round-up

(Sharecast News) - Polypipe: Numis upgrades to buy with a target price of 450p.

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25 Oct 2018 17:13

LONDON MARKET CLOSE: FTSE 100 Rebounds From Fresh Lows As Fears Ease

LONDON (Alliance News) - Stocks in London ended broadly higher on Thursday with the FTSE 100 moving off fresh seven-month lows amid signs of renewed market confidence.The FTSE 100 index closed up or

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25 Oct 2018 13:11

EXTRA: Hastings Expects Loss Ratio To Rise As It Chases More Customers

LONDON (Alliance News) - Hastings Group Holdings PLC said Thursday it has delivered "another profitable" period as it chases its goal of three million customers but warned its loss ratio

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25 Oct 2018 11:31

Thursday broker round-up

(Sharecast News) - Hastings: Numis upgrades to buy with a target price of 295p.

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25 Oct 2018 10:51

WINNERS & LOSERS SUMMARY: WPP Sinks After Third Quarter Revenue Falls

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - up 3.9%. The Russian steelmaker reported mixed

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25 Oct 2018 09:02

TOP NEWS: Hastings Shares Drop As Annual Loss Ratio To Barely Hit Mark

LONDON (Alliance News) - Shares dropped in Hastings Group Holdings PLC on Thursday as despite its "disciplined pricing strategy", the group expects its loss ratio for 2018 to be at the a

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25 Oct 2018 07:53

Hastings posts rise in nine-month written premiums but outlook cautious

(Sharecast News) - FTSE 250 insurer Hastings Group posted a rise in nine-month gross written premiums on Thursday but struck a cautious note on the wider outlook for the market.

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