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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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3 Oct 2016 11:25

ITE Group endures slump as events turn geopolitical

(ShareCast News) - Events and exhibitions organiser ITE Group warned that its bookings for next year were slightly behind this year due to challenging conditions in several markets, especially Turkey. For the current year, although like-for-like revenues fell 8% in the fourth quarter, 52-week sal

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3 Oct 2016 08:10

BUZZ-ITE: shares dive after bookings hit by Turkey coup attempt

** Shares in exhibition organiser ITE Group down as much as 6.6 pct, poised for their worst day since late July ** Co says recent attempted coup in Turkey has significantly affected international travel to the region, hurting its bookings on Turkish events ** Co says rev for 3 months

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19 Jul 2016 15:44

Ebiquity CFO to join ITE Group

(ShareCast News) - ITE Group said it has appointed Andrew Beach as chief financial officer. Beach is currently CFO at Ebiquity plc, the AIM listed marketing analytics specialist. He will join ITE by the beginning of January 2017. Des McEwan will continue as interim group finance director until this

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19 Jul 2016 07:33

ITE Poaches Andrew Beach From Ebiquity As New Chief Financial Officer

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12 Jul 2016 07:00

ITE Group Revenue Declines 21% In Third Quarter But On Track For Year

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5 Jul 2016 15:04

UK Earnings, Trading Statements Calendar - Next 7 Days

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2 Jun 2016 15:08

UK Dividends Calendar - Next 7 Days

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17 May 2016 07:48

ITE Group Says GPP Energy Sells Entire Stake Via Placing (ALLISS)

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16 May 2016 16:58

GPP To Sell Shares In ITE After Exercising Put Option Over Africa Oil (ALLISS)

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9 May 2016 07:57

ITE Group H1 profit up, new CEO appointed

(ShareCast News) - Events company ITE Group posted a rise in first-half pre-tax profit as it announced the appointment of a new chief executive. For the six months to the end of March, pre-tax profit was up 36% to £10.6m as revenue grew to £63.6m from £56.1m. Chief executive Russell Taylor said:

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9 May 2016 06:37

ITE Names New CEO As Interim Profit Rises But Dividend Trimmed

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4 Apr 2016 15:57

Broker tips: M&S, Kingfisher, ITE Group

(ShareCast News) - Ahead of Marks & Spencer's results on Thursday, Berenberg reiterated its 'sell' recommendation and cut its earnings forecasts for the next three years due to the continuing decline in clothing sales. Thursday's fourth-quarter results for the three months to 31 March 2016, coming a

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4 Apr 2016 13:00

Canaccord leaves ITE Group at 'hold' after trading update

(ShareCast News) - Canaccord Genuity has kept its 'hold' rating and target price of 145p unchanged for ITE Group after the exhibitions organiser reported its first half trading update. The company on Monday reported a 12% increase in first half revenue to £63m, lifted by strong performances from acq

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4 Apr 2016 06:34

ITE Group Trading In Line With Total Revenue Up But Like-For-Like Down

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