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Monday broker round-up UPDATE

Mon, 17th Nov 2014 10:32

African Barrick Gold: Investec reduces target price from 262p to 170p and downgrades to sell.Associated British Foods: Liberum initiates with a target price of 3470p and a buy recommendation.Bodycote: Investec lowers target price from 750p to 745p and maintains its buy recommendation.Centamin: Investec cuts target price from 68p to 49p and downgrades to sell.Coca-Cola HBC: Numis reduces target price from 1357p to 1286p and stays with its hold recommendation.Genel Energy: Credit Suisse raises target price from 1210p to 1300p, leaving its outperform rating unchanged.Grafton Group: Berenberg ups target price from 620p to 690p and reiterates a hold recommendation.IMI: Jefferies shifts target price from 1415p to 1420p and keeps a buy recommendation. Credit Suisse cuts target price from 1500p to 1450p and maintains a neutral rating. JP Morgan reduces target price from 1720p to 1522p and stays with its overweight rating.ITE Group: Numis cuts target price from 335p to 318p and maintains a buy recommendation.Legal & General: Credit Suisse moves target price from 250p to 265p and reiterates a neutral rating.LSE: Morgan Stanley ups target price from 2210p to 2280p and maintains an overweight rating.Majestic Wine: Investec cuts target price from 460p to 410p, while upgrading to buy.Meggit: Berenberg lowers target price from 510p to 500p and keeps a hold recommendation.Mitchells & Butlers: Numis upgrades to add with a target price of 420p.Morrison (Wm): Goldman Sachs ups target price from 172p to 207p and upgrades to buy.Premier Farnell: Barclays lowers target price from 216p to 205p and reiterates an equal-weight rating.Randgold Respurces: Investec reduces target price from 4888p to 3757p, downgrading to sell.Reckitt Benckiser: Liberum initiates with a target price of 5860p and a buy recommendation.Record: JP Morgan shifts target price from 38p to 40p and maintains an overweight rating.Restaurant Group: Deutsche Bank cuts target price from 700p to 675p and retains a hold recommendation. JP Morgan lowers target price from 755p to 745p and stays with its overweight rating.Sainsbury: Nomura reduces target price from 270p to 220p, keeping a neutral rating.Salamander Energy: Canaccord cuts target price from 140p to 121p and downgrades to hold.Shire: Berenberg raises target price from 3400p to 4100p and stays with its hold recommendation.Standard Chartered: Canaccord reduces target price from 1000p to 850p and retains a sell recommendation.Stellar Diamonds: Sanlam Securities lowers target price from 2.1p to 1.8p and keeps a buy recommendation.Tate & Lyle: Liberum initiates with a target price of 560p and a sell recommendation.Tesco: Goldman Sachs reduces target price from 250p to 155p and keeps a sell recommendation.Unilever: Liberum initiates with a target price of 2240p and a sell recommendation.Victoria: Cantor Fitzgerald ups target price from 490p to 520p and stays with its buy recommendation.Workspace: Liberum increases target price from 752p to 836p and keeps a buy recommendation.
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29 Jan 2015 07:38

ITE Group says like-for-like Russia volumes sales trending down 20 pct

Jan 29 (Reuters) - ITE Group Plc, a trade exhibition and conference organiser, said full-year like-for-like volumes sales in its biggest market Russia were running 20 percent less than this time last year, hurt by the fall in oil prices and a weak rouble. ITE, which earns about 70 percent o

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29 Jan 2015 06:15

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28 Jan 2015 15:59

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27 Jan 2015 16:04

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23 Jan 2015 16:02

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22 Jan 2015 16:35

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21 Dec 2014 20:24

MEDIA-ITE to buy shipping and logistics intelligence provider Breakbulk for 20 mln stg -Sky

-- Source link: (http://bit.ly/1JDSTE4) -- Note: Reuters has not verified this story and does not vouch for its accuracy

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2 Dec 2014 14:41

ITE Group chief executive sells shares to buy house

ITE Group's chief executive officer, Russell Taylor, decided to sell part of his stake in the company to purchase a house, raising £755,000. Taylor, who joined the exhibitions and conferences organiser company in 2003, sold 500,000 shares at 151p each. He now holds a total of 1.5m shares. The move

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2 Dec 2014 09:50

ITE Group results affected by Russian and Ukrainian trading conditions

ITE Group, an exhibitions and conferences organiser, said currency headwinds and difficult trading conditions in Russia and Ukraine affected their revenues for the full year. Revenues were down at £174m from £192.3m a year earlier, dragging profits before tax from £43.9m to £41.5m. Earnings per sha

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2 Dec 2014 09:28

CORRECTED-Russia sanctions, weak rouble to hurt ITE Group in 2015

(In second paragraph, corrects to say booked revenue was about 17 percent lower, not 15 percent) Dec 2 (Reuters) - ITE Group Plc, a trade exhibition and conference organiser, said its booked revenue for next year was lower than a year earlier and that sanctions imposed on Russia and the wea

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