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Wednesday broker round-up UPDATE

Wed, 01st Oct 2014 09:56

African Minerals: Canaccord Genuity reduces target price from 150p to 20p downgrading to hold.Avingtrans: FinnCap upgrades from hold to buy with a target price of 155p.Balfour Beatty: JP Morgan lowers target price from 220p to 200p, while upgrading to neutral.Blinkx: Numis places its buy recommendation under review.Cohort: Investec moves target price from 300p to 310p and maintains a buy recommendation.Crest Nicholson: Deutsche Bank initiates with a target price of 367p and a hold recommendation.Daily Mail and General Trust: Numis reduces target price from 1180p to 1075p and stays with its buy recommendation.Findel: Cantor Fitzgerald cuts target price from 400p to 350p reiterating its sell recommendation.First Quantum Minerals: Citi ups target price from 1200p to 1260p upgrading to neutral.ITE Group: N+1 Singer places both its target price (prev.: 233p) and its hold recommendation under review. Investec cuts target price from 255p to 220p retaining its buy recommendation. Numis reduces target price from 380p to 335p and reiterates a buy recommendation. Canaccord Genuity cuts target price from 215p to 186p and keeps a hold recommendation.London Stock Exchange: RBC Capital cuts target price from 2200p to 2150p and reiterates an outperform rating.Randgold Resources: Numis upgrades to buy with a target price of 5800p.Royal Bank of Scotland: Citi ups target price from 330p to 350p, but still recommends selling. Numis shifts target price from 368p to 370p keeping a hold recommendation.RPS Group: N+1 Singer cuts target price from 375p to 320p and maintains a buy recommendation.Shanks Group: Barclays lowers target price from 99p to 85p retaining an equal-weight rating.Sports Direct: Numis upgrades to buy with a target price of 850p.Ssp Group: JP Morgan initiates with a target price of 300p and an overweight rating.Zoopla: Exane initiates with a target price of 240p and a neutral rating.UBM: Investec places its target price (prev.: 725p) under review, while keeping a buy recommendation.UDG Healthcare: N+1 Singer reduces target price from 410p to 353p downgrading from buy to hold.Victoria: Cantor Fitzgerald raises target price from 290p to 400p and keeps a buy recommendation.Walker Greenbank: WH Ireland ups target price from 210p to 240p reiterating a buy recommendation.
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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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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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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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*ITE Group Q3 Revenue GBP73M Vs GBP96M

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