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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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1 Apr 2015 07:59

ITE Group Says First Half In Line As Russia, Ukraine Drag Down Revenue

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1 Apr 2015 06:27

ITE Group warns on H1 revenue due to weak trading in Ukraine, Russia

April 1 (Reuters) - ITE Group Plc, a trade exhibition and conference organiser, said it expected its first-half revenue to be about 21 percent lower than a year earlier due to weaker trading conditions in Ukraine and Russia. The company, which has been hurt by tensions between Russia and Uk

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6 Mar 2015 14:33

ITE Group acquires portfolio of events in Africa

Exhibitions group ITE has acquired a major stake of a portfolio of events for £16m, funded by a placing of new shares. ITE now holds 50.1% of the portfolio, which includes the Africa Oil Week event, while GPP Energy Advisors holds the remaining stake. The group said put and call options were in pla

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6 Mar 2015 13:33

UPDATE 2-ITE Group dials in to Africa events market

* Deal to add 4 mln stg to 2016 pretax profit - CEO * Says ITE to look at small deals in Africa, India and China * Shares up 5.4 pct (Adds CEO comments, updates share movement) By Noor Zainab Hussain March 6 (Reuters) - Trade exhibition organiser ITE Group Plc bought a

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6 Mar 2015 07:52

ITE Group moves into Africa; buys stake in Africa Oil Week conference

March 6 (Reuters) - ITE Group Plc, a trade exhibition and conference organiser, said it had acquired a majority stake in a portfolio of events from GPP Energy Advisors Ltd for 16 million pounds ($24 million). The deal will be funded in part via an institutional placing to raise 12 million p

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6 Mar 2015 07:37

ITE To Buy Stake In Events Portfolio, Part Funded By Share Placing (ALLISS)

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