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Friday broker round-up UPDATE

Fri, 10th Oct 2014 09:42

British American Tobacco: Goldman Sachs reduces target price from 3530p to 3250p downgrading to sell.Brown (N) Group: UBS cuts target price from 490p to 445p leaving its buy recommendation unchanged.Diageo: Goldman Sachs reduces target price from 2030p to 1925p and keeps a neutral rating.Dixons Carphone: UBS moves target price from 415p to 425p and reiterates a buy recommendation.EKF Diagnostics: N+1 Singer lowers target price from 38p to 35p and stays with its buy recommendation.Hunting: Canaccord Genuity upgrades from hold to buy with a target price of 950p.ITE Group: PeelHunt cuts target price from 280p to 250p and retains a buy recommendation.ITV: UBS ups target price from 210p to 230p and retains a buy recommendation.Jupiter Fund Management: PeelHunt upgrades from hold to buy with a target price of 419p.Marks & Spencer: Investec cuts target price from 510p to 470p, while staying with its buy recommendation.Optos: Investec places its target price (prev.: 141p) under review, while upgrading from reduce to hold.Oxford Biomedica: PeelHunt shifts target price from 3p to 6p upgrading from hold to buy.Reckitt Benckiser: Goldman Sachs reduces target price from 6215p to 6110p maintaining a buy recommendation.Rose Petroleum: FinnCap places both its target price (prev.: 7.5p) and its buy recommendation under review.SABMiller: Goldman Sachs raises target price from 4030p to 4365p and maintains its strong buy recommendation.UDG Healthcare: Berenberg initiates with a target price of 390p and a buy recommendation.Unilever: Goldman Sachs cuts target price from 2800p to 2770p staying with its neutral rating.Victrex: JP Morgan ups target price from 1700p to 1720p and retains a neutral rating. Numis ups target price from 1870p to 1892p staying with an add rating.Weir Group: Panmure Gordon reduces target price from 2030p to 1730p keeping its sell recommendation. Numis downgrades from add to hold with a target price of 752p.Wood Group: Beaufort upgrades to buy.XP Power: Investec reduces target price from 1750p to 1680p staying with its buy recommendation. PeelHunt reduces target price from 1840p to 1750p keeping a buy recommendation.
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18 Jul 2014 15:10

BUZZ-ITE Group Plc: Down on impact of Russia sanctions, airplane crash

July 18 - ** Shares in ITE Group Plc, an exhibitions organiser, slump as much as 6.7 percent among the top losers the FTSE 250. ** ITE, which organises exhibitions and conferences, gets 60 percent of its revenue from Russia, and less than 5 percent from Ukraine. ** "The EU and US a

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18 Jul 2014 14:32

FTSE 250 movers: Carphone Warehouse, Dixons surge as shareholders approve merger

Merger partners Carphone Warehouse and Dixons Retail were both gaining around 5% on Friday afternoon after shareholders overwhelmingly voted in favour of the £3.7bn tie-up yesterday. "I'm delighted that shareholders have unequivocally supported the creation of Dixons Carphone," said Sebastien James

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16 Jul 2014 05:30

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15 Jul 2014 15:01

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15 Jul 2014 08:02

ITE Group hit by "challenging" conditions as H1 revenues drop

ITE Group, the trade exhibitions and conferences organiser, said it experienced a "challenging trading environment" in the third quarter with revenues well below last year. The company generated sales of £73m in the three months to June 30th, compared with £96m last year. The decline reflected the

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15 Jul 2014 07:35

UK MORNING BRIEFING: Telecom Plus Leads FTSE 250 On Bullish Outlook

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15 Jul 2014 07:19

CORRECTED-Exhibitions organiser ITE Group's third-quarter revenue falls

(Corrects headline to say revenue fell, not profit) July 15 (Reuters) - Exhibitions organiser ITE Group Plc said third-quarter revenue fell about 24 percent, hurt by the absence of the biennial Moscow International Oil & Gas Exhibition, currency fluctuations and the impact of the Ukrainian

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15 Jul 2014 07:03

ITE Reiterates Confidence Despite Third Quarter Revenue Decline

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15 Jul 2014 06:33

MARKET COMMENT: London Set For Soft Open Ahead Of UK CPI, Yellen

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15 Jul 2014 06:01

*ITE Group Q3 Revenue GBP73M Vs GBP96M

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