(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:----------FTSE 100----------BERENBERG CUTS VODAFONE PRICE TARGET TO 180 (190) PENCE - 'BUY'----------UBS RAISES HALMA TO 'NEUTRAL' ('SELL') - TARGET 2060 (945) PENCE----------UBS RAISES HISCOX PRICE TARGET TO 1680 (1550) PENCE - 'NEUTRAL'----------UBS RAISES SPIRAX-SARCO PRICE TARGET TO 9000 (7100) PENCE - 'NEUTRAL'----------UBS CUTS WHITBREAD PRICE TARGET TO 4750 (5000) PENCE - 'NEUTRAL'----------FTSE 250----------UBS CUTS TALK TALK TELECOM PRICE TARGET TO 110 (120) PENCE - 'NEUTRAL'----------UBS RAISES ROTORK PRICE TARGET TO 338 (333) PENCE - 'BUY'----------UBS RAISES LANCASHIRE HOLDINGS PRICE TARGET TO 745 (735) PENCE - 'BUY'----------UBS RAISES BEAZLEY PRICE TARGET TO 575 (560) PENCE - 'NEUTRAL'----------PANMURE INITIATES ASTON MARTIN WITH 'SELL' - TARGET 802 PENCE----------HSBC CUTS MEDICLINIC INTERNATIONAL PRICE TARGET TO 310 (360) PENCE - 'HOLD'----------HSBC RAISES WIZZ AIR PRICE TARGET TO 3000 (2900) PENCE - 'HOLD'----------GOLDMAN CUTS TED BAKER PRICE TARGET TO 890 (1700) PENCE - 'NEUTRAL'----------RBC RAISES CYBG TO 'OUTPERFORM' ('SECTOR PERFORM') - TARGET 250 PENCE----------RBC CUTS PARAGON BANKING GROUP TO 'UNDERPERFORM' ('SECTOR PERFORM') - TARGET 410 (440) PENCE----------JPMORGAN CUTS SAGA PRICE TARGET TO 60 (80) PENCE - 'NEUTRAL'----------JPMORGAN CUTS KAZ MINERALS PRICE TARGET TO 625 (630) PENCE - 'NEUTRAL'----------OTHER MAIN MARKET AND AIM----------JPMORGAN CUTS HELICAL TO 'NEUTRAL' ('OVERWEIGHT') - TARGET 415 PENCE----------JEFFERIES CUTS MCBRIDE TO 'HOLD' ('BUY') - TARGET 75 (160) PENCE----------BERENBERG RAISES DISCOVERIE GROUP PRICE TARGET TO 520 (490) PENCE - 'BUY'----------JEFFERIES RAISES N BROWN PRICE TARGET TO 140 (120) PENCE - 'HOLD'----------UBS RAISES MITIE GROUP PRICE TARGET TO 160 (135) PENCE - 'NEUTRAL'----------
IN BRIEF: Hiscox completes first of two tranches of share buyback
Hiscox Ltd - Bermuda-based insurer - Completes initial tranche of USD150 million share buyback programme. Hiscox entered into agreement with Citigroup Global Markets Ltd to conduct the second tranche of the programme, which starts Friday and is, like the initial tranche, for a buyback of USD75 million in shares. On Thursday, Hiscox reported insurance contract written premiums totalled USD1.54 billion in the first-quarter of the year, a rise of 8.3% from USD1.42 billion a year prior. In Hiscox Retail, there was growth of 8.1%, while in the reinsurance and insurance-linked strategy unit, it climbed 19%. In the Hiscox London Market division, however, contract written premiums declined 4.9%.
Read more