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UK BROKER RATINGS SUMMARY: Goldman Cuts Ascential To Neutral From Buy

Tue, 26th May 2020 09:48

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Friday:

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FTSE 100

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MORGAN STANLEY CUTS RIO TINTO PRICE TARGET TO 4300 (4400) PENCE - 'EQUAL-WEIGHT'

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DEUTSCHE BANK CUTS AVIVA PRICE TARGET TO 350 (370) PENCE - 'HOLD'

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CREDIT SUISSE RAISES TESCO PRICE TARGET TO 265 (248) PENCE - 'NEUTRAL'

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CREDIT SUISSE CUTS J SAINSBURY PRICE TARGET TO 280 (285) PENCE - 'OUTPERFORM'

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CREDIT SUISSE RAISES OCADO PRICE TARGET TO 1088 (932) PENCE - 'UNDERPERFORM'

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CREDIT SUISSE CUTS WM MORRISON SUPERMARKETS TARGET TO 221 (231) PENCE - 'OUTPERFORM'

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CREDIT SUISSE RAISES INTERTEK PRICE TARGET TO 5000 (4400) PENCE - 'NEUTRAL'

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JPMORGAN RAISES TAYLOR WIMPEY PRICE TARGET TO 140 (110) PENCE - 'NEUTRAL'

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JPMORGAN RAISES PERSIMMON PRICE TARGET TO 2580 (2270) PENCE - 'OVERWEIGHT'

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JPMORGAN RAISES BARRATT DEVELOPMENTS TARGET TO 500 (420) PENCE - 'NEUTRAL'

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JPMORGAN CUTS WHITBREAD PRICE TARGET TO 2000 (2800) PENCE - 'UNDERWEIGHT'

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JPMORGAN CUTS BURBERRY PRICE TARGET TO 1450 (1500) PENCE - 'NEUTRAL'

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RBC RAISES BURBERRY PRICE TARGET TO 1490 (1350) PENCE - 'UNDERPERFORM'

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FTSE 250

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GOLDMAN SACHS CUTS ASCENTIAL TO 'NEUTRAL' ('BUY') - TARGET 289 PENCE

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HSBC RAISES ELECTROCOMPONENTS PRICE TARGET TO 625 (480) PENCE - 'HOLD'

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UBS RAISES JOHN WOOD GROUP PRICE TARGET TO 325 (290) PENCE - 'BUY'

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UBS CUTS QINETIQ PRICE TARGET TO 297 (367) PENCE - 'NEUTRAL'

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UBS CUTS PETROFAC PRICE TARGET TO 200 (210) PENCE - 'NEUTRAL'

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JPMORGAN CUTS SPECTRIS PRICE TARGET TO 2250 (2350) PENCE - 'NEUTRAL'

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RBC CUTS DIXONS CARPHONE PRICE TARGET TO 65 (75) PENCE - 'UNDERPERFORM'

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JPMORGAN RAISES REDROW PRICE TARGET TO 510 (420) PENCE - 'NEUTRAL'

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JPMORGAN RAISES CREST NICHOLSON PRICE TARGET TO 220 (180) PENCE - 'UNDERWEIGHT'

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JPMORGAN RAISES BELLWAY PRICE TARGET TO 2940 (2740) PENCE - 'OVERWEIGHT'

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JEFFERIES RAISES MARSTONS PRICE TARGET TO 50 (35) PENCE - 'UNDERPERFORM'

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OTHER MAIN MARKET AND AIM

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BERENBERG RAISES MJ GLEESON PRICE TARGET TO 765 (750) PENCE - 'BUY'

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BARCLAYS INITIATES OLD MUTUAL WITH 'EQUAL WEIGHT' - TARGET 80 PENCE

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RBC CUTS HURRICANE ENERGY PRICE TARGET TO 25 (30) PENCE - 'OUTPERFORM'

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HSBC RAISES ELECTRA PRIVATE EQUITY TO 'BUY' ('HOLD') - TARGET 290 (404) PENCE

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HSBC RESUMES DART GROUP WITH 'BUY' - TARGET 755 PENCE

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Copyright 2020 Alliance News Limited. All Rights Reserved.

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16 Mar 2023 11:01

AIM WINNERS & LOSERS: Kooth wins US deal; Hurricane accepts offer

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

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2 Feb 2023 19:39

TRADING UPDATES: Lords sells business; Atome wins joint venture deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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12 Jan 2023 14:49

IN BRIEF: Crystal Amber Fund withdraws Hurricane Energy meeting demand

Hurricane Energy PLC - owner and operator of Lancaster field offshore Shetland - London-listed activist investor Crystal Amber Fund Ltd on Thursday withdraws requisition for a general meeting at which it had wanted to remove Chief Executive Officer Antony Maris, Chief Financial Officer Richard Chaffe, and Non-Executive Chair Philip Wolfe from the board and replace them with its own candidates. Crystal Amber Fund, a 29% Hurricane shareholder, had sent the requisition just before Christmas, but on Thursday said it decided to "pause" the requisition following the update issued by Hurricane on Wednesday on its trading and formal sale process. Hurricane said it had received "received multiple proposals from credible counterparties" by the offer deadline of last Saturday.

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12 Jan 2023 09:40

LONDON BROKER RATINGS: UBS cuts Beazley; Berenberg likes Rio and BHP

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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11 Jan 2023 21:08

TRADING UPDATES: Blencowe gets ok for samples; Cornish hails results

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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4 Jan 2023 15:49

UK shareholder meetings calendar - next 7 days

Thursday 05 January 
AB Dynamics PLCAGM
AfriTin Mining LtdEGM re name change
Shield Therapeutics PLCGM re share transaction
Friday 06 January 
Gunsynd PLCAGM
Monday 09 January 
Angus Energy PLCGM re new ordinary shares authorization
Premier African Minerals LtdAGM
Yourgene Health PLCGM re capital raise
Tuesday 10 January 
Valereum Blockchain PLCAGM
Wishbone Gold PLCAGM
Wednesday 11 January 
Asos PLCAGM
Edge Performance VCT PLCGM re deed of release
Hurricane Energy PLCAGM
MetalNRG PLCGM requisitioned to remove chair and CEO from board
Synthomer PLCGM re sale of laminates business
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
23 Dec 2022 11:09

UPDATE: Hurricane notes Crystal Amber's plan to remove CEO from board

(Alliance News) - Activist investor Crystal Amber Fund Ltd on Friday requisitioned a general meeting to remove six directors of Hurricane Energy PLC, including the executives and chair, and appoint two of its own.

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23 Dec 2022 10:00

UPDATE: Crystal Amber Fund asks for board removal of Hurricane CEO

(Alliance News) - Activist investor Crystal Amber Fund Ltd on Friday requisitioned a general meeting to remove six directors of Hurricane Energy PLC, including the executives and chair, and appoint two of its own.

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23 Dec 2022 09:26

Crystal Amber Fund asks for removal of Hurricane CEO, CFO from board

(Alliance News) - Activist investor Crystal Amber Fund Ltd on Friday requisitioned a general meeting to remove six directors of Hurricane Energy PLC, including the executives and chair, and appoint two of its own.

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23 Dec 2022 07:50

LONDON BRIEFING: Stocks to start half-day positively despite weak lead

(Alliance News) - Equities in London were set to open a shortened trading day in the green on Friday, despite indices falling in Asia and the US.

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25 Nov 2022 14:29

Hurricane Energy plans USD70 million capital reduction programme

(Alliance News) - Hurricane Energy PLC on Friday said it is planning for a capital reduction programme to distribute reserves to shareholders.

Read more
18 Nov 2022 14:48

Hunt's levy changes to have little effect on Hurricane Energy

(Sharecast News) - Hurricane Energy responded to the Chancellor's autumn statement on Friday, which contained changes to the Energy Profits Levy (EPL).

Read more
18 Nov 2022 14:00

IN BRIEF: Hurricane Energy seeing bid interest; updates on UK tax hit

Hurricane Energy PLC - Surrey-based oil and gas producer in fields offshore west of Shetland - Notes UK government announcement which increases energy profits levy to 35% starting January 1, 2023, from 25% currently. Firm says the tax on surplus profit will cost it less than USD5 million in 2022. Hurricane says it is assessing the impact of the coming changes.

Read more
2 Nov 2022 12:21

Hurricane Energy launches formal sales process after unsolicited offer

(Alliance News) - Hurricane Energy PLC on Wednesday urged shareholders to vote against an unsolicited indicative takeover offer it received, citing a low premium to its share price as it launched a formal sales process.

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2 Nov 2022 10:45

AIM WINNERS & LOSERS: Hurricane hangs 'for sale' sign; Bonhill slides

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Read more

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